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IND----------------------------------------------------FOR Trade Summary

2021

IND----------------------------------------------------FOR exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR IND----------------------------------------------------FOR 2021

Overall Exports and Imports for IND----------------------------------------------------FOR 2021

Exports and imports of IND----------------------------------------------------FOR in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 394,814 million.
  • The total value of imports (CIF) was 570,402 million.
  • At the HS6 digit level, 4,437 products were exported to 220 countries and 4,342 products were imported from 208 countries.

IND----------------------------------------------------FOR top 5 Export and Import partners 2021

Top five countries to which IND----------------------------------------------------FOR exported in 2021 are below, along with the percent of total exports that went to that country:

  1. IND----------------------------------------------------FOR exports to United States worth US$ 71,510 million, with a partner share of 18.11 percent.
  2. IND----------------------------------------------------FOR exports to United Arab Emirates worth US$ 25,447 million, with a partner share of 6.45 percent.
  3. IND----------------------------------------------------FOR exports to China worth US$ 23,037 million, with a partner share of 5.83 percent.
  4. IND----------------------------------------------------FOR exports to Bangladesh worth US$ 14,093 million, with a partner share of 3.57 percent.
  5. IND----------------------------------------------------FOR exports to Hong Kong, China worth US$ 11,290 million, with a partner share of 2.86 percent.

Top five countries from which IND----------------------------------------------------FOR imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. IND----------------------------------------------------FOR imports from China worth US$ 87,535 million, with a partner share of 15.35 percent.
  2. IND----------------------------------------------------FOR imports from United Arab Emirates worth US$ 43,070 million, with a partner share of 7.55 percent.
  3. IND----------------------------------------------------FOR imports from United States worth US$ 41,387 million, with a partner share of 7.26 percent.
  4. IND----------------------------------------------------FOR imports from Switzerland worth US$ 29,492 million, with a partner share of 5.17 percent.
  5. IND----------------------------------------------------FOR imports from Saudi Arabia worth US$ 27,689 million, with a partner share of 4.85 percent.

IND----------------------------------------------------FOR Top 5 Productsexports imports at HS 6 digit level 2021

The top five exported HS 6 digit level products to world by IND----------------------------------------------------FOR along with trade value are:

  1. IND----------------------------------------------------FOR exported Petroleum oils, etc, (excl. crude); preparation , worth 54,037,061.74 (US$ Thousands).
  2. IND----------------------------------------------------FOR exported Diamonds non-industrial nes excluding mounted o , worth 23,844,452.25 (US$ Thousands).
  3. IND----------------------------------------------------FOR exported Other medicaments of mixed or unmixed products, , worth 14,942,441.81 (US$ Thousands).
  4. IND----------------------------------------------------FOR exported Art. of jewellery and pts thereof of/o prec mtl , worth 8,430,817.28 (US$ Thousands).
  5. IND----------------------------------------------------FOR exported Semi-milled or wholly milled rice , worth 8,361,332.50 (US$ Thousands).

The top five imported HS 6 digit level products from world by IND----------------------------------------------------FOR along with trade value are

  1. IND----------------------------------------------------FOR imported Petroleum oils and oils obtained from bituminou , worth 106,406,786.61 (US$ Thousands).
  2. IND----------------------------------------------------FOR imported Gold in unwrought forms non-monetary , worth 55,228,539.20 (US$ Thousands).
  3. IND----------------------------------------------------FOR imported Other coal, not agglomerated, nes , worth 24,055,549.35 (US$ Thousands).
  4. IND----------------------------------------------------FOR imported Diamonds non-industrial unworked or simply sawn , worth 17,302,761.95 (US$ Thousands).
  5. IND----------------------------------------------------FOR imported Monolithic integrated circuits, digital , worth 12,499,988.62 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by IND----------------------------------------------------FOR in 2021 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 9.86 percent.
  • The trade weighted average tariff was 5.87 .
  • The total duty free imports in thousands of US dollars were 107,176,554.41 and duty free tariff line items share was 18.03 percent.

Development Indicators 2021

Key Development Indicators of IND----------------------------------------------------FOR in 2021 are below

  • IND----------------------------------------------------FOR GDP in current US dollar was 3,167,271 million.
  • GNI per capita, Atlas method (current US$) was 2,170.00 .
  • IND----------------------------------------------------FOR Trade balance: as % of GDP was -2.62.
  • Trade balance in current US$ was -83,134.00 million.
  • Trade as percentage of GDP was 45.42 .
  • Trade in services as percentage of GDP was 11.95 .

Trade Indicators 2021

Trade Indicators for IND----------------------------------------------------FOR in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 33.01.
  • World Growth in percentage was 12.50 and IND----------------------------------------------------FOR Country Growth was 18.83 .