Loading..

India Trade Summary

2004

India exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2004

Overall Exports and Imports for India 2004

Exports and imports of India in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 75,904 million.
  • The total value of imports (CIF) was 98,981 million.
  • At the HS6 digit level, 4,695 products were exported to 222 countries and 4,551 products were imported from 198 countries.

India top 5 Export and Import partners 2004

Top five countries to which India exported in 2004 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 13,105 million, with a partner share of 17.27 percent.
  2. India exports to United Arab Emirates worth US$ 6,644 million, with a partner share of 8.75 percent.
  3. India exports to China worth US$ 4,099 million, with a partner share of 5.40 percent.
  4. India exports to Singapore worth US$ 3,416 million, with a partner share of 4.50 percent.
  5. India exports to United Kingdom worth US$ 3,409 million, with a partner share of 4.49 percent.

Top five countries from which India imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. India imports from Unspecified worth US$ 27,526 million, with a partner share of 27.81 percent.
  2. India imports from China worth US$ 6,051 million, with a partner share of 6.11 percent.
  3. India imports from United States worth US$ 5,944 million, with a partner share of 6.00 percent.
  4. India imports from Switzerland worth US$ 4,548 million, with a partner share of 4.59 percent.
  5. India imports from Belgium worth US$ 4,388 million, with a partner share of 4.43 percent.

India Top 5 Productsexports imports at HS 6 digit level 2004

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$ 8,700,571.37 million.
  2. India exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 5,915,248.54 million.
  3. India exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 2,718,623.34 million.
  4. India exported Non-agglomerated iron ores and concentrates , worth US$ 1,936,850.93 million.
  5. India exported Semi-milled or wholly milled rice , worth US$ 1,162,944.04 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$ 24,587,098.63 million.
  2. India imported Diamonds non-industrial unworked or simply sawn , worth US$ 6,344,667.19 million.
  3. India imported Gold in unwrought forms non-monetary , worth US$ 5,572,626.31 million.
  4. India imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 3,273,314.39 million.
  5. India imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 2,713,023.02 million.

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by India in 2004 are below

  • The maximum rate of tariff in percentage on any product was 182 percent.
  • The simple average tariff across all products was 28.57 percent.
  • The trade weighted average tariff was 22.96 .
  • The total duty free imports in thousands of US dollars were 1,008,736.42 and duty free tariff line items share was 0.93 percent.

Development Indicators 2004

Key Development Indicators of India in 2004 are below

  • India GDP in current US dollar was 709,149 million.
  • GNI per capita, Atlas method (current US$) was 610.00 .
  • India Trade balance: as % of GDP was -1.79.
  • Trade balance in current US$ was -12,662.00 million.
  • Trade as percentage of GDP was 37.50 .
  • Trade in services as percentage of GDP was 10.37 .

Trade Indicators 2004

Trade Indicators for India in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 20.49.
  • World Growth in percentage was 10.47 and India Country Growth was 14.76 .