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).