International Trade — Syllabus
Madhya Pradesh Board · Class 12 · Geography
What International Trade covers in Madhya Pradesh Board Class 12 Geography: 4 topics, for the 2026-27 session.
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Topics in International Trade
1. Meaning and importance of international trade
- International trade is the exchange of goods and services between countries.
- No country can produce everything it needs efficiently, so trade becomes necessary.
- India’s share in world trade is small, but its role in the world economy is significant.
2. Changing pattern of exports
- The composition of India’s exports has changed over time.
- Manufactured goods formed the largest share of exports in 2021-22.
- The share of manufactured goods decreased from 72.9% in 2015-16 to 67.8% in 2021-22.
3. Changing pattern of imports
- During the 1950s and 1960s, major import items were foodgrain, capital goods, machinery, and equipment.
- India faced serious food shortage during this period.
- After the 1970s, foodgrain import was discontinued due to the success of the Green Revolution.
4. Direction of trade and major trading partners
- India has trade relations with most countries and major trading blocks of the world.
- Most foreign trade is carried through sea and air routes.
- A small portion is carried by land route to Nepal, Bhutan, Bangladesh, and Pakistan.
Key Concepts
Central concept: International Trade as the exchange of goods and services between countries through sea, air, and land routes, shaped by exports, imports, ports, airports, and changing trade patterns in India
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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