Global trading service
With the international trading countries expand their markets for both goods and services that otherwise may not have been available domestically. As a result of international trade, the market is more competitive which results in more competitive pricing which brings a cheaper product home to the consumer.
In the context of international trading, India used to be a protectionist state for a long time, but the country has become progressively more open to international trade. Currently, trade represents 43.3% of the country’s GDP! India mainly exports petroleum oils (14.6%), diamonds (7.9%), medicaments (4%), articles of jewelry (3.8%), and rice (2.3%), while it imports petroleum oils (22.6%), gold (6.3%), diamonds (5.2%), coal and similar solid fuels (4.8%), petroleum gas and other gaseous hydrocarbons (3.7%).
India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic chemicals (4 percent).
The team Yenfor proudly possesses a rich experience and has inherited the legacy of excellence in international trade services because of being in the field for several generations. The extensive business links and strong networks sprawled across the globe enable the group to provide the best in class services at the most affordable prices.
The successful collaborations and the associations with the internationally renowned firms with the best brains and high business acumen for a long time has helped the group to develop a high-level proficiency and the vast experience has been transferred from generation to generation, only making it better and advanced with time.