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India Trade Summary

2016

India exports, imports, tariff by year.
India monthly trade data
India quarterly trade data

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 2016

Overall Exports and Imports for India 2016

Exports and imports of India in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 260,327 million.
  • The total value of imports (CIF) was 356,705 million.
  • At the HS6 digit level, 4,411 products were exported to 219 countries and 4,310 products were imported from 211 countries.

India top 5 Export and Import partners 2016

Top five countries to which India exported in 2016 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 41,992 million, with a partner share of 16.13 percent.
  2. India exports to United Arab Emirates worth US$ 30,042 million, with a partner share of 11.54 percent.
  3. India exports to Hong Kong, China worth US$ 13,210 million, with a partner share of 5.07 percent.
  4. India exports to China worth US$ 8,916 million, with a partner share of 3.42 percent.
  5. India exports to United Kingdom worth US$ 8,565 million, with a partner share of 3.29 percent.

Top five countries from which India imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. India imports from China worth US$ 60,483 million, with a partner share of 16.96 percent.
  2. India imports from United States worth US$ 20,395 million, with a partner share of 5.72 percent.
  3. India imports from United Arab Emirates worth US$ 19,241 million, with a partner share of 5.39 percent.
  4. India imports from Saudi Arabia worth US$ 18,461 million, with a partner share of 5.18 percent.
  5. India imports from Switzerland worth US$ 14,855 million, with a partner share of 4.16 percent.

India Top 5 Productsexports imports at HS 6 digit level 2016

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$ 26,951,007.61 million.
  2. India exported Diamonds non-industrial nes excluding mounted o , worth US$ 22,440,712.30 million.
  3. India exported Other medicaments of mixed or unmixed products, , worth US$ 9,798,286.49 million.
  4. India exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 9,205,942.66 million.
  5. India exported Semi-milled or wholly milled rice , worth US$ 5,057,559.95 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$ 60,869,089.42 million.
  2. India imported Gold in unwrought forms non-monetary , worth US$ 22,803,622.25 million.
  3. India imported Diamonds non-industrial unworked or simply sawn , worth US$ 16,455,728.75 million.
  4. India imported Other coal, not agglomerated, nes , worth US$ 11,734,262.38 million.
  5. India imported Parts of electrical apparatus for line telephon , worth US$ 6,376,471.95 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by India in 2016 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 8.91 percent.
  • The trade weighted average tariff was 6.35 .
  • The total duty free imports in thousands of US dollars were 118,813,607.04 and duty free tariff line items share was 15.02 percent.

Development Indicators 2016

Key Development Indicators of India in 2016 are below

  • India GDP in current US dollar was 2,290,432 million.
  • GNI per capita, Atlas method (current US$) was 1,690.00 .
  • India Trade balance: as % of GDP was -1.77.
  • Trade balance in current US$ was -40,526.00 million.
  • Trade as percentage of GDP was 40.16 .
  • Trade in services as percentage of GDP was 11.25 .

Trade Indicators 2016

Trade Indicators for India in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 28.62.
  • World Growth in percentage was -1.24 and India Country Growth was -0.83 .