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India Trade Summary

1998

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 1998

Overall Exports and Imports for India 1998

Exports and imports of India in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 33,207 million.
  • The total value of imports (CIF) was 42,425 million.
  • At the HS6 digit level, 4,361 products were exported to 205 countries and 4,278 products were imported from 162 countries.

India top 5 Export and Import partners 1998

Top five countries to which India exported in 1998 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 7,200 million, with a partner share of 21.68 percent.
  2. India exports to Hong Kong, China worth US$ 1,880 million, with a partner share of 5.66 percent.
  3. India exports to United Arab Emirates worth US$ 1,867 million, with a partner share of 5.62 percent.
  4. India exports to United Kingdom worth US$ 1,856 million, with a partner share of 5.59 percent.
  5. India exports to Germany worth US$ 1,851 million, with a partner share of 5.57 percent.

Top five countries from which India imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. India imports from United States worth US$ 3,644 million, with a partner share of 8.59 percent.
  2. India imports from Switzerland worth US$ 2,945 million, with a partner share of 6.94 percent.
  3. India imports from Belgium-Luxembourg worth US$ 2,881 million, with a partner share of 6.79 percent.
  4. India imports from United Kingdom worth US$ 2,624 million, with a partner share of 6.19 percent.
  5. India imports from Japan worth US$ 2,468 million, with a partner share of 5.82 percent.

India Top 5 Productsexports imports at HS 6 digit level 1998

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 4,747,778.05 (US$ Thousands).
  2. India exported Semi-milled or wholly milled rice , worth 1,476,961.66 (US$ Thousands).
  3. India exported Art. of jewellery and pts thereof of/o prec mtl , worth 872,461.63 (US$ Thousands).
  4. India exported Frozen shrimps and prawns , worth 737,944.77 (US$ Thousands).
  5. India exported Men's or boys' shirts of cotton , worth 643,747.65 (US$ Thousands).

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

  1. India imported Gold in unwrought forms non-monetary , worth 3,875,846.91 (US$ Thousands).
  2. India imported Petroleum oils and oils obtained from bituminou , worth 3,694,212.86 (US$ Thousands).
  3. India imported Diamonds non-industrial unworked or simply sawn , worth 3,479,355.65 (US$ Thousands).
  4. India imported Petroleum oils, etc, (excl. crude); preparation , worth 2,710,241.54 (US$ Thousands).
  5. India imported Palm oil (excl. crude) and liquid fractions , worth 1,101,471.23 (US$ Thousands).

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by India in 1998 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 1998

Key Development Indicators of India in 1998 are below

  • India GDP in current US dollar was 421,351 million.
  • GNI per capita, Atlas method (current US$) was 410.00 .
  • India Trade balance: as % of GDP was -1.66.
  • Trade balance in current US$ was -7,005.00 million.
  • Trade as percentage of GDP was 23.70 .
  • Trade in services as percentage of GDP was 6.23 .

Trade Indicators 1998

Trade Indicators for India in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.07.
  • Index of export market penetration was 13.17.
  • World Growth in percentage was -0.47 and India Country Growth was -0.63 .