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India Trade Summary

1997

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 1997

Overall Exports and Imports for India 1997

Exports and imports of India in 1997 are below, along with number of countries and products

  • The total value of exports (FoB) was 34,794 million.
  • The total value of imports (CIF) was 41,429 million.
  • At the HS6 digit level, 4,374 products were exported to 206 countries and 4,144 products were imported from 151 countries.

India top 5 Export and Import partners 1997

Top five countries to which India exported in 1997 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 6,738 million, with a partner share of 19.36 percent.
  2. India exports to United Kingdom worth US$ 2,096 million, with a partner share of 6.02 percent.
  3. India exports to Hong Kong, China worth US$ 1,929 million, with a partner share of 5.54 percent.
  4. India exports to Germany worth US$ 1,922 million, with a partner share of 5.52 percent.
  5. India exports to Japan worth US$ 1,893 million, with a partner share of 5.44 percent.

Top five countries from which India imported goods in 1997 are below, along with percent of total imports that came from the country :

  1. India imports from United States worth US$ 3,709 million, with a partner share of 8.95 percent.
  2. India imports from Unspecified worth US$ 3,341 million, with a partner share of 8.07 percent.
  3. India imports from Belgium-Luxembourg worth US$ 2,669 million, with a partner share of 6.44 percent.
  4. India imports from Switzerland worth US$ 2,637 million, with a partner share of 6.37 percent.
  5. India imports from Germany worth US$ 2,525 million, with a partner share of 6.09 percent.

India Top 5 Productsexports imports at HS 6 digit level 1997

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$ 4,309,481.47 million.
  2. India exported Semi-milled or wholly milled rice , worth US$ 896,461.25 million.
  3. India exported Frozen shrimps and prawns , worth US$ 779,436.22 million.
  4. India exported Oil-cake and other solid residues, of soya-bean , worth US$ 731,598.72 million.
  5. India exported Men's or boys' shirts of cotton , worth US$ 719,877.76 million.

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

  1. India imported Petroleum oils and oils obtained from bituminou , worth US$ 4,252,439.04 million.
  2. India imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 3,900,674.30 million.
  3. India imported Diamonds non-industrial unworked or simply sawn , worth US$ 3,124,971.26 million.
  4. India imported Gold in unwrought forms non-monetary , worth US$ 2,567,094.27 million.
  5. India imported Other coal, not agglomerated, nes , worth US$ 995,784.32 million.

Exports and Imports of Product Groups 1997

Exports and imports of products by stages of processing in 1997 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1997

Tariffs imposed by India in 1997 are below

  • The maximum rate of tariff in percentage on any product was 260 percent.
  • The simple average tariff across all products was 28.90 percent.
  • The trade weighted average tariff was 20.13 .
  • The total duty free imports in thousands of US dollars were 9,107,120.91 and duty free tariff line items share was 2.72 percent.

Development Indicators 1997

Key Development Indicators of India in 1997 are below

  • India GDP in current US dollar was 415,868 million.
  • GNI per capita, Atlas method (current US$) was 410.00 .
  • India Trade balance: as % of GDP was -1.24.
  • Trade balance in current US$ was -5,148.00 million.
  • Trade as percentage of GDP was 22.62 .
  • Trade in services as percentage of GDP was 5.18 .

Trade Indicators 1997

Trade Indicators for India in 1997 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 12.31.
  • World Growth in percentage was 3.05 and India Country Growth was 3.83 .