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India Trade Summary

2008

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 2008

Overall Exports and Imports for India 2008

Exports and imports of India in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 181,861 million.
  • The total value of imports (CIF) was 315,712 million.
  • At the HS6 digit level, 4,691 products were exported to 222 countries and 4,484 products were imported from 218 countries.

India top 5 Export and Import partners 2008

Top five countries to which India exported in 2008 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 21,407 million, with a partner share of 11.77 percent.
  2. India exports to United Arab Emirates worth US$ 19,097 million, with a partner share of 10.50 percent.
  3. India exports to China worth US$ 10,094 million, with a partner share of 5.55 percent.
  4. India exports to Singapore worth US$ 8,854 million, with a partner share of 4.87 percent.
  5. India exports to Hong Kong, China worth US$ 6,771 million, with a partner share of 3.72 percent.

Top five countries from which India imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. India imports from China worth US$ 31,586 million, with a partner share of 10.00 percent.
  2. India imports from United States worth US$ 24,487 million, with a partner share of 7.76 percent.
  3. India imports from Saudi Arabia worth US$ 22,983 million, with a partner share of 7.28 percent.
  4. India imports from United Arab Emirates worth US$ 19,419 million, with a partner share of 6.15 percent.
  5. India imports from Iran, Islamic Rep. worth US$ 13,791 million, with a partner share of 4.37 percent.

India Top 5 Productsexports imports at HS 6 digit level 2008

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 31,558,804.84 (US$ Thousands).
  2. India exported Diamonds non-industrial nes excluding mounted o , worth 14,199,361.18 (US$ Thousands).
  3. India exported Non-agglomerated iron ores and concentrates , worth 5,318,336.33 (US$ Thousands).
  4. India exported Art. of jewellery and pts thereof of/o prec mtl , worth 4,475,485.16 (US$ Thousands).
  5. India exported Semi-milled or wholly milled rice , worth 2,830,070.95 (US$ Thousands).

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 86,582,530.61 (US$ Thousands).
  2. India imported Gold in unwrought forms non-monetary , worth 15,492,546.16 (US$ Thousands).
  3. India imported Petroleum oils, etc, (excl. crude); preparation , worth 12,133,517.21 (US$ Thousands).
  4. India imported Aircraft nes of an unladen weight > 2,000 kg bu , worth 9,865,108.93 (US$ Thousands).
  5. India imported Other coal, not agglomerated, nes , worth 8,881,021.07 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by India in 2008 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 9.98 percent.
  • The trade weighted average tariff was 5.98 .
  • The total duty free imports in thousands of US dollars were 42,419,125.86 and duty free tariff line items share was 8.10 percent.

Development Indicators 2008

Key Development Indicators of India in 2008 are below

  • India GDP in current US dollar was 1,198,895 million.
  • GNI per capita, Atlas method (current US$) was 990.00 .
  • India Trade balance: as % of GDP was -5.17.
  • Trade balance in current US$ was -62,025.00 million.
  • Trade as percentage of GDP was 53.37 .
  • Trade in services as percentage of GDP was 13.48 .

Trade Indicators 2008

Trade Indicators for India in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 25.88.
  • World Growth in percentage was -59.29 and India Country Growth was -65.99 .