DEMAND FOR THE ART Exports of art

products from
PRODUCTS India (2001-
2020)
OUTSIDE THE INDIA
 INTRODUCTION

 Art products are the included in the chapter 97 of HS

(Harmonized system) codes
 The code for the art products is the 9701 in which there are
various sub-products and HS codes like 970110 is for the
paintings, drawings and pastels, executed entirely by hand.
 For this research I have selected the time series data on the
exports of art products from India for the 20 consecutive
years (2001-2021).
 Firstly I have done the overall research about art product than
on the some sub-products of the art.
 I also added the country wise export of art products for the
two consecutive years.
 HAND PAINTINGS, DRAWINGS AND
PASTELS (9701)

Hand paintings, drawings and pastels This is the overall

(9701)
250,000.00
data of exports from
the 2001 to 2021
200,000.00
financial year.
150,000.00
Hand paintings,
drawings and pastels
In this data we can
(9701)
100,000.00 see that high peaks
50,000.00
of the sales was in
2003-04 and 2006-
0.00
07.
13 11
16 14
0 4 02
0 7 05
1 0 08

1 9 17

0
02
20 -20
20 -20
20 -20
20 -20
20 -20

20 -20
-2
01
20
 GROWTH IN PERCENTAGE

2500
Growth % This is the growth
2000 rate of art products.
1500 As we can see that
1000 there are so many
500 Growth %
fluctuations in the
growth rate.
0
Growth rate high
2

-500
peak was also in
-1000
2003-04 and 2017-
-1500
18.
 PERCENTAGE OF SHARE

% share This is the

0.8
percentage of share
0.7

0.6
of art commodities
0.5
in the total exports
0.4
% share
of India in the given
0.3 period.
0.2

0.1

0
11 10

13 12

15 14

17 16
0 3 02

0 5 04

0 7 06

0 9 08

1 9 18

0
02
20 -20

20 -20

20 -20

20 -20

20 -20

20 -20
20 -20

20 -20

20 -20

-2
01
20
 SUB-PRODUCTS IN THE ART

160000 In this data there are 7

140000 sub-products like
120000 Madhubani painting,
100000
Rajasthani painting,
80000
Domestic article of wood,
60000
etc.
In this series 7 is the other
40000
hand decorated article
20000
which was the at the high
0
peak in the starting.
Series 4 includes the other
items like paintings
COUNTRY WISE SELLS

This is the export of

art products country
wise in 2019-20
Highest export of art
products were to the
countries USA, UK,
Switzerland, Hong
U SA
U ARAB EMTS
THAILAND
CHINA P RP
BANGLADESH PR
BAHARAIN IS
2019-20
UK art product
SINGAPORE
JAPAN
AUSTRALIA
TURKEY
KOREA RP
SWITZERLANDexport

QATAR
FRANCE
BELGIUM
ITALY
HONG KONG
NETHERLAND GERMANY
CANADA
SAUDI ARAB
MALAYSIA
KUWAIT
Kong, Arab EMITS
and Singapure.
SPAIN DENMARK UNSPECIFIED SWEDEN
ISRAEL KYRGHYZSTAN MONACO NORWAY
GREECE AUSTRIA SOUTH AFRICA CZECH REPUBLIC
NEW ZEALAND NEPAL PORTUGAL FIJI IS
SRI LANKA DSR MEXICO MAURITIUS OMAN
PANAMA REPUBLIC VIETNAM SOC REP KENYA UZBEKISTAN
HUNGARY PHILIPPINES GEORGIA MACAO
AZERBAIJAN GABON TANZANIA REP MOROCCO
ECUADOR FINLAND MALDIVES ROMANIA
MALTA ARGENTINA POLAND LATVIA
CONGO D. REP. INDONESIA ARUBA PAPUA N GNA
CHILE BRAZIL MOZAMBIQUE REUNION
URUGUAY LITHUANIA LUXEMBOURG NIGERIA
BHUTAN CONGO P REP JAMAICA BELIZE
MADAGASCAR NETHERLANDANTIL
COUNTRY WISE SELLS

This is the country

wise sells of art
products in 2020-21
The highest sells are
in the UK, USA,
Japan, Singapore
and Korea.
2020-21 art product export
UK USA JAPAN SINGAPORE
KOREA RP GERMANY U ARAB EMTS HONG KONG
THAILAND SWITZERLAND LATVIA SRI LANKA DSR
FRANCE SAUDI ARAB OMAN NETHERLAND
CANADA SWAZILAND AUSTRALIA TURKEY
BELGIUM NEW ZEALAND ROMANIA ITALY
QATAR TAIWAN UGANDA MALAYSIA
SEYCHELLES NEPAL BAHARAIN IS NORWAY
ARGENTINA DENMARK SOUTH AFRICA FIJI IS
ISRAEL SWEDEN MYANMAR MAURITIUS
TANZANIA REP SPAIN REUNION POLAND
CHILE MOZAMBIQUE MEXICO COTE D' IVOIRE
BANGLADESH PR INDONESIA MONACO BRAZIL
SAMOA CHINA P RP IRELAND GHANA
NIGERIA FINLAND AUSTRIA HUNGARY
PORTUGAL KENYA CONGO D. REP. PHILIPPINES
VIETNAM SOC REP IRAQ PAPUA N GNA BURUNDI
BHUTAN JAMAICA PANAMA REPUBLIC SURINAME
GROWTH OF ART PRODUCTS

The pie diagram is

showing the growth of
art products in various
countries for the two
consecutive years.
The most of the
growth is in the Japan,
Growth in %
Korea, Germany and
Singapore.
JAPAN KOREA RP GERMANY SINGAPORE THAILAND
LATVIA SRI LANKA DSR OMAN SWAZILAND ROMANIA
NEW ZEALAND TAIWAN UGANDA SEYCHELLES ARGENTINA
NEPAL MYANMAR REUNION CHILE MOZAMBIQUE
TANZANIA REP COTE D' IVOIRE POLAND SAMOA IRELAND
GHANA NIGERIA IRAQ BURUNDI SURINAME
BRAZIL JAMAICA TRINIDAD BELIZE MADAGASCAR
NETHERLANDANTIL BHUTAN CONGO P REP LUXEMBOURG LITHUANIA
INDONESIA URUGUAY PAPUA N GNA ARUBA CONGO D. REP.
FINLAND MALTA MALDIVES ECUADOR MOROCCO
GABON AZERBAIJAN MACAO GEORGIA HUNGARY
PHILIPPINES FIJI IS UZBEKISTAN KENYA VIETNAM SOC REP
MAURITIUS NORWAY MEXICO SOUTH AFRICA PANAMA REPUBLIC
PORTUGAL ISRAEL CZECH REPUBLIC AUSTRIA SWEDEN
MONACO GREECE DENMARK KYRGHYZSTAN FRANCE
UNSPECIFIED SPAIN ITALY KUWAIT SAUDI ARAB
BELGIUM TURKEY MALAYSIA BAHARAIN IS CANADA
BANGLADESH PR AUSTRALIA CHINA P RP QATAR NETHERLAND
UK U ARAB EMTS HONG KONG SWITZERLAND USA
 CONCLUSION

 The overall conclusion is that the exports of the art products

from India to the world are very fluctuating.
 As we see the highest exports were in the 2003-04 and in
2016-17, after that the exports were started to decline.
 There may be various reasons or factors for the declining rate
of exports like economic cycle, change in taste and habits of
customer and the current pandemic on the world, etc.
 The Demand for the art products are the elastic in the nature,
therefore there are various fluctuations in the sales of these
products.
 CONCLUSION

 However the high demand for the art products is in the USA,
UK, Japan, Singapore.
 The growth rate for the USA and UK is decreasing but the
highest growth rate for these products are in the Japan,
Korea, Germany and Singapore.
 Therefore in the countries (Japan, Korea, Germany and
Singapore) there is the scope for exports of art products from
India.