Years ago, when there was no internet, selling to countries across the world was deemed to be suitable for large corporations. The companies with home finances, large stock holding capacities, and a solid customer base abroad were considered the best for export. But forward to the present time, we can see that the internet and technology have offered all businesses the opportunity to sell internationally high return yielding export products.
Individuals have access to platforms like Amazon to sell to the USA, UK, Europe, and other big trading countries. And businesses of all sizes can easily participate without a million-dollar budget. Even the services are being exported to other countries, and people are learning different languages, cultures, and courses without any geographical boundary. All thanks to the internet and technology that has allowed trade to happen through devices online.
India is one of those countries that has been exporting many raw materials and finished products like leather to other countries to earn billions of dollars. When you see the statistics, you can clearly recognize the availability of opportunities waiting for you to grab them. All you need to have is the willingness and readiness to embrace changes that will positively affect your business.
But it is not necessary that whatever you produce be listed for sale on the Amazon USA platform. Behind a single product, various aspects need to be seen to lower the opportunity cost. As the owner of the organization or a significant part of it, it becomes your responsibility to see a lucrative and stable product option that will lead you to higher returns and success.
The best products that are in Demand Globally
We have always been taught to be satisfied with what we have. But, in business, this learning does not stand vindicated if you aim for overall success. And if you see growth in the domestic market, it is time you think about expanding to other countries. Today, brand recognition overseas is not a lengthy process. You can leverage the internet and establish your presence online. And with the Amazon Global Selling platforms, you can sell to the USA, UK, Europe, Switzerland, and many other countries.
But the question remains- what can you sell? The whooping numbers of products exported have motivated you to go beyond boundaries. But you have to be sure of what you are going to sell, whether it will satisfy consumer needs and serve utility or just your way of trial and error. Because it is evident that consumers are the ones seeking solutions to their needs, and if they are not fulfilled, survival can be difficult.
You do not have to be on the bandwagon, but if you genuinely seek growth-oriented development, exporting with the Amazon seller to the USA platform is for you. Following is the list of exported products from India to other countries that have high growth-yielding and profit-making capabilities.
1. Petroleum products
These products are the torchbearers when it comes to the Indian export business. The petroleum-producing giants, including HPCL, Bharat Petroleum, Reliance Petroleum, ONGC, etc., have been a significant part of exporting petroleum and related products.
2. Automobile
In the export sector of India, automobiles occupy a significant place. It shares approximately 14.5 billion US dollars in the market. With some great engineering minds and students with creativity, the automobile sector is growing in India. And many people use Amazon platforms to sell to other countries.
3. Iron and steel
Ever since the inception of the Tata Iron and Steel Company during the British reign, India has been one of the largest iron and steel producers. It has now become a prominent exporter instead of an importer of steel, a significant growth in the industry. There is a vast scope for expansion in this industry, both in the domestic and foreign markets.
The scope of expansion largely depends on the service. It will help manage your concern for global compliance and customs clearance. When you have easy access to foreign markets, things will be easier to advocate.
4. Textiles
Another Indian industry with a vast pool of customers on Amazon selling to the USA is the textile industry. People all over the world are in love with Indian traditional and ethnic wear. Also, men’s shirts, trousers, t-shirts, etc., are all manufactured in India for big brands, including Tommy Hilfiger.
Some other items shipped from the Indian subcontinent include spices, agro-based products, and dairy items, including frozen meat, bio-chemical, pharmaceuticals, medicines, electronics, machinery, cereals, grains, and whatnot.
India is situated in the tropical zone and makes the most out of the diverse climatic conditions. With an environment suitable for manufacturing almost all the products, India can produce all the products mentioned above for the local markets and foreign countries. It is one of the reasons why India is becoming an export hub. And all this propels the economy to grow even faster.