Exporter Rank

18 / 121

Importer Rank

11 / 121

Trade Balance Rank

119 / 121

Total Trade [1]

Total Exports (2017) $294,364,490,162
Total Imports (2017) $444,052,353,836
Trade Balance (2017) ($149,687,863,674)
Exports of goods and services (% of GDP) (2017) [2] 18.87%
Imports of goods and services (% of GDP) (2017) [2] 21.77%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $46,018,076,640
United Arab Emirates $28,636,263,302
Hong Kong $15,020,619,619
China $12,495,230,459
Singapore $11,559,940,668
United Kingdom $8,954,722,988
Germany $8,233,600,524
Vietnam $8,114,676,738
Bangladesh $7,210,099,516
Belgium $6,219,889,932

Import Partners

Top 10 Import Countries

Country Import USD$
China $71,922,747,817
United States $24,086,156,632
United Arab Emirates $23,115,459,708
Saudi Arabia $21,086,845,710
Switzerland $20,404,650,023
Indonesia $16,235,402,963
South Korea $16,091,810,261
Iraq $15,310,044,476
Australia $14,352,346,774
Germany $12,665,121,178

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

Top 10 Export Goods

HS Code Export USD$
(71) Precious Stones & Metals $41,165,028,821
(27) Oil & Mineral Fuels $35,873,711,764
(84) Industrial Machinery $16,633,522,805
(87) Motor Vehicles & Parts $16,206,133,321
(29) Organic Chemicals $13,556,922,317
(30) Pharmaceuticals $12,884,848,379
(72) Iron & Steel $11,708,857,176
(62) Apparel: Non Knit $8,997,092,018
(85) Electrical Machinery $8,793,821,367
(61) Apparel: Knit $8,347,736,721

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $123,108,161,090
(71) Precious Stones & Metals $74,307,377,422
(85) Electrical Machinery $46,846,397,392
(84) Industrial Machinery $36,005,667,944
(29) Organic Chemicals $17,966,048,582
(39) Plastics $13,008,523,717
(15) Fats & Oils $11,874,177,370
(72) Iron & Steel $9,958,826,899
(90) Precision Instruments $8,440,689,333
(26) Ores $5,872,227,984

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 12/1/2018
India