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India Trade Summary

2007

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 2007

Overall Exports and Imports for India 2007

Exports and imports of India in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 145,898 million.
  • The total value of imports (CIF) was 218,645 million.
  • At the HS6 digit level, 4,664 products were exported to 221 countries and 4,510 products were imported from 210 countries.

India top 5 Export and Import partners 2007

Top five countries to which India exported in 2007 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 20,133 million, with a partner share of 13.80 percent.
  2. India exports to United Arab Emirates worth US$ 14,447 million, with a partner share of 9.90 percent.
  3. India exports to China worth US$ 9,492 million, with a partner share of 6.51 percent.
  4. India exports to Singapore worth US$ 6,390 million, with a partner share of 4.38 percent.
  5. India exports to United Kingdom worth US$ 6,287 million, with a partner share of 4.31 percent.

Top five countries from which India imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. India imports from China worth US$ 24,576 million, with a partner share of 11.24 percent.
  2. India imports from Saudi Arabia worth US$ 16,570 million, with a partner share of 7.58 percent.
  3. India imports from United States worth US$ 14,206 million, with a partner share of 6.50 percent.
  4. India imports from United Arab Emirates worth US$ 11,703 million, with a partner share of 5.35 percent.
  5. India imports from Switzerland worth US$ 10,638 million, with a partner share of 4.87 percent.

India Top 5 Productsexports imports at HS 6 digit level 2007

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

  1. India exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 22,846,161.04 million.
  2. India exported Diamonds non-industrial nes excluding mounted o , worth US$ 12,834,798.54 million.
  3. India exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 4,965,803.37 million.
  4. India exported Non-agglomerated iron ores and concentrates , worth US$ 4,400,118.61 million.
  5. India exported Semi-milled or wholly milled rice , worth US$ 2,259,722.81 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$ 54,059,489.01 million.
  2. India imported Gold in unwrought forms non-monetary , worth US$ 9,716,612.39 million.
  3. India imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 8,618,069.56 million.
  4. India imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 7,493,116.95 million.
  5. India imported Diamonds non-industrial unworked or simply sawn , worth US$ 6,529,106.56 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by India in 2007 are below

  • The maximum rate of tariff in percentage on any product was 182 percent.
  • The simple average tariff across all products was 14.66 percent.
  • The trade weighted average tariff was 11.99 .
  • The total duty free imports in thousands of US dollars were 16,447,884.64 and duty free tariff line items share was 3.45 percent.

Development Indicators 2007

Key Development Indicators of India in 2007 are below

  • India GDP in current US dollar was 1,216,735 million.
  • GNI per capita, Atlas method (current US$) was 910.00 .
  • India Trade balance: as % of GDP was -4.09.
  • Trade balance in current US$ was -49,726.00 million.
  • Trade as percentage of GDP was 45.69 .
  • Trade in services as percentage of GDP was 12.88 .

Trade Indicators 2007

Trade Indicators for India in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 25.07.
  • World Growth in percentage was 7.16 and India Country Growth was 12.19 .