India: Trade Statistics
Exporter Rank
16 / 138
Importer Rank
10 / 138
Trade Balance Rank
136 / 138
Total Trade [1]
| Total Exports (2021) | $394,813,673,347 |
|---|---|
| Total Imports (2021) | $570,402,004,491 |
| Trade Balance (2021) | ($175,588,331,144) |
| Exports of goods and services (% of GDP) (2022) [2] | 22.45% |
| Imports of goods and services (% of GDP) (2022) [2] | 26.92% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| United States | $71,510,497,449 |
| United Arab Emirates | $25,446,639,314 |
| China | $23,036,597,255 |
| Bangladesh | $14,092,748,087 |
| Hong Kong | $11,290,061,111 |
| Singapore | $10,650,086,591 |
| United Kingdom | $10,374,395,350 |
| Netherlands | $10,284,461,315 |
| Germany | $9,513,605,686 |
| Nepal | $9,189,858,659 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| China | $87,535,135,684 |
| United Arab Emirates | $43,070,344,928 |
| United States | $41,386,816,406 |
| Switzerland | $29,492,002,640 |
| Saudi Arabia | $27,689,346,106 |
| Iraq | $26,566,073,331 |
| Hong Kong | $18,201,550,896 |
| Singapore | $18,201,531,477 |
| South Korea | $17,076,153,076 |
| Indonesia | $16,724,827,701 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $56,400,638,754 |
| (71) Precious Stones & Metals | $38,155,137,708 |
| (84) Industrial Machinery | $24,165,782,192 |
| (72) Iron & Steel | $21,199,484,527 |
| (29) Organic Chemicals | $21,184,105,253 |
| (30) Pharmaceuticals | $19,460,516,245 |
| (87) Motor Vehicles & Parts | $18,897,162,043 |
| (85) Electrical Machinery | $18,836,214,300 |
| (10) Cereals | $12,350,066,605 |
| (52) Cotton | $10,028,336,566 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $170,398,554,314 |
| (71) Precious Stones & Metals | $88,346,259,275 |
| (85) Electrical Machinery | $56,725,007,901 |
| (84) Industrial Machinery | $48,414,563,011 |
| (29) Organic Chemicals | $27,247,007,275 |
| (39) Plastics | $19,257,672,847 |
| (15) Fats & Oils | $17,458,998,198 |
| (72) Iron & Steel | $11,679,975,651 |
| (90) Precision Instruments | $11,319,863,328 |
| (28) Inorganic Chemicals | $9,639,014,341 |
Sources:
- UN Comtrade (2021) except where stated otherwise.
- The World Bank. Accessed: 9/11/2023
India