India

ECON COMPLEXITY (2018)

0.57

RANK 45 OF 137

PRODUCT EXPORTS (2018)

$326B

RANK 16 OF 222

EXPORTS PER CAPITA (2018)

$241

RANK 102 OF 219

PRODUCT IMPORTS (2018)

$492B

RANK 11 OF 221

IMPORTS PER CAPITA (2018)

$364

RANK 103 of 219

SERVICE EXPORTS (2018)

$119B

RANK 6 OF 88

SERVICE IMPORTS (2018)

$120B

RANK 7 OF 88

GDP (2018)

$2.72T

CURRENT US$
RANK 7 OF 196

GDP GROWTH (2008-2018)

127%

CURRENT US$
RANK 20 OF 196

GDP PC (2018)

$2,010

CURRENT US$
RANK 152 OF 196

GDP PC GROWTH (2008-2018)

101%

CURRENT US$
RANK 16 OF 196

Overview: This page contains the latest international trade data for India, including service trade data, and tariffs. In 2018 India was the number 7 economy in the world in terms of GDP (current US$), the number 16 in total exports, the number 11 in total imports, and the number 45 most complex economy according to the Economic Complexity Index (ECI). In 2018, India exported $326B and imported $492B, resulting in a negative trade balance of -$166B. In 2018, India’s exports per capita were $241 and its imports per capita were $364.

Trade: The top exports of India are Refined Petroleum ($41.5B), Diamonds ($26.3B), Packaged Medicaments ($14B), Jewellery($12.4B), and Rice ($7.47B). The top imports of India are Crude Petroleum ($101B), Gold ($32.8B), Coal Briquettes ($27.2B), Diamonds ($24.9B), and Petroleum Gas ($16.9B).

Destinations: India exports mostly to United States ($52B), United Arab Emirates ($27.1B), China ($16.6B), Hong Kong ($12.8B), and Germany ($9.66B), and imports mostly from China ($75.5B), United States ($31.6B), Saudi Arabia ($26.3B), United Arab Emirates($23.8B), and Iraq ($20.8B).

Location: India borders Afghanistan, Bangladesh, Bhutan, Burma, China, Nepal, and Pakistan by land and Indonesia, Maldives, Sri Lanka, and Thailand by sea.

Exports

In 2018 India exported a total of $326B, making it the number 16 exporter in the world. During the last five reported years the exports of India have changed by $13B from $313B in 2013 to $326B in 2018.

The most recent exports are led by Refined Petroleum ($41.5B), Diamonds ($26.3B), Packaged Medicaments ($14B), Jewellery ($12.4B), and Rice ($7.47B). 

Imports

In 2018 India imported $492B, making it the number 11 trade destination in the world. During the last five reported years the imports of India changed by $53B from $439B in 2013 to $492B in 2018.

The most recent imports of India are led by Crude Petroleum ($101B), Gold ($32.8B), Coal Briquettes ($27.2B), Diamonds ($24.9B), and Petroleum Gas ($16.9B). 

Trade Balance

As of 2018 India had a negative trade balance of $125B in net imports. As compared to their trade balance in 1995 when they had a positive trade balance of $340M in net exports.

Destinations

The most common destination for the exports of India are United States ($52B), United Arab Emirates ($27.1B), China ($16.6B), Hong Kong ($12.8B), and Germany ($9.66B).

Origins

The most common import partners for India are China ($75.5B), United States ($31.6B), Saudi Arabia ($26.3B), United Arab Emirates ($23.8B), and Iraq ($20.8B).