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India Trade Summary

1988

India 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 INDIA 1988

Overall Exports and Imports for India 1988

Exports and imports of India in 1988 are below, along with number of countries and products

  • The total value of exports (FoB) was 13,872 million.
  • The total value of imports (CIF) was 19,351 million.
  • At the HS6 digit level, 3,665 products were exported to 165 countries and 3,487 products were imported from 122 countries.

India top 5 Export and Import partners 1988

Top five countries to which India exported in 1988 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 2,556 million, with a partner share of 18.43 percent.
  2. India exports to Soviet Union worth US$ 1,915 million, with a partner share of 13.80 percent.
  3. India exports to Japan worth US$ 1,477 million, with a partner share of 10.65 percent.
  4. India exports to German Democratic Republic worth US$ 848 million, with a partner share of 6.11 percent.
  5. India exports to United Kingdom worth US$ 791 million, with a partner share of 5.70 percent.

Top five countries from which India imported goods in 1988 are below, along with percent of total imports that came from the country :

  1. India imports from United States worth US$ 2,214 million, with a partner share of 11.44 percent.
  2. India imports from Japan worth US$ 1,795 million, with a partner share of 9.28 percent.
  3. India imports from German Democratic Republic worth US$ 1,675 million, with a partner share of 8.66 percent.
  4. India imports from United Kingdom worth US$ 1,637 million, with a partner share of 8.46 percent.
  5. India imports from Belgium-Luxembourg worth US$ 1,413 million, with a partner share of 7.30 percent.

India Top 5 Productsexports imports at HS 6 digit level 1988

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

  1. India exported Diamonds non-industrial nes excluding mounted o , worth US$ 2,815,753.47 million.
  2. India exported Non-agglomerated iron ores and concentrates , worth US$ 423,281.86 million.
  3. India exported Black tea (fermented) and partly fermented tea, , worth US$ 354,253.95 million.
  4. India exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 346,279.36 million.
  5. India exported Frozen shrimps and prawns , worth US$ 324,437.38 million.

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

  1. India imported Diamonds unsorted whether or not worked , worth US$ 2,128,530.82 million.
  2. India imported Petroleum oils and oils obtained from bituminou , worth US$ 1,925,137.02 million.
  3. India imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,061,959.62 million.
  4. India imported Phosphoric acid and polyphosphoric acids , worth US$ 375,090.14 million.
  5. India imported Spelt, common wheat and meslin , worth US$ 296,092.74 million.

Exports and Imports of Product Groups 1988

Exports and imports of products by stages of processing in 1988 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1988

Tariffs imposed by India in 1988 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1988

Key Development Indicators of India in 1988 are below

  • India GDP in current US dollar was 296,590 million.
  • GNI per capita, Atlas method (current US$) was 390.00 .
  • India Trade balance: as % of GDP was -1.42.
  • Trade balance in current US$ was -4,212.00 million.
  • Trade as percentage of GDP was 13.49 .
  • Trade in services as percentage of GDP was 3.07 .

Trade Indicators 1988

Trade Indicators for India in 1988 are below

  • Hirschman Herfindahl market concentration index was 0.27.
  • Index of export market penetration was 4.41.
  • World Growth in percentage was not available and India Country Growth was not available .