Exporter Rank

16 / 119

Importer Rank

7 / 119

Trade Balance Rank

118 / 119

Total Trade [1]

Total Exports (2018) $322,291,568,431
Total Imports (2018) $617,945,603,077
Trade Balance (2018) ($295,654,034,646)
Exports of goods and services (% of GDP) (2018) [2] 19.74%
Imports of goods and services (% of GDP) (2018) [2] 23.64%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $51,628,587,408
United Arab Emirates $28,522,550,157
China $16,365,814,376
Hong Kong $13,132,015,231
Singapore $10,444,385,832
United Kingdom $9,740,984,740
Germany $8,948,016,116
Bangladesh $8,739,349,243
Netherlands $8,654,413,067
Nepal $7,296,705,705

Import Partners

Top 10 Import Countries

Country Import USD$
China $90,398,343,274
United States $38,904,474,792
Saudi Arabia $34,342,850,305
United Arab Emirates $32,119,463,054
Iraq $28,444,411,947
Switzerland $21,848,966,615
South Korea $19,672,475,277
Indonesia $19,660,204,140
Hong Kong $18,722,557,478
Iran $18,086,943,563

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $48,593,626,052
(71) Precious Stones & Metals $39,233,564,417
(84) Industrial Machinery $20,426,067,619
(87) Motor Vehicles & Parts $18,239,438,927
(29) Organic Chemicals $17,778,489,932
(30) Pharmaceuticals $14,300,419,263
(85) Electrical Machinery $11,844,522,976
(72) Iron & Steel $9,949,158,479
(52) Cotton $8,094,168,843
(62) Apparel: Non Knit $8,066,004,666

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $168,786,293,541
(71) Precious Stones & Metals $64,864,466,447
(85) Electrical Machinery $52,450,743,852
(84) Industrial Machinery $43,206,328,080
(29) Organic Chemicals $22,585,958,056
(39) Plastics $15,187,643,656
(72) Iron & Steel $12,000,631,456
(15) Fats & Oils $10,131,997,900
(90) Precision Instruments $9,460,752,910
(28) Inorganic Chemicals $7,269,389,003

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 6/3/2020
India