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India Trade Summary

2017

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 2017

Overall Exports and Imports for India 2017

Exports and imports of India in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 294,364 million.
  • The total value of imports (CIF) was 444,052 million.
  • At the HS6 digit level, 4,418 products were exported to 219 countries and 4,317 products were imported from 213 countries.

India top 5 Export and Import partners 2017

Top five countries to which India exported in 2017 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 46,018 million, with a partner share of 15.63 percent.
  2. India exports to United Arab Emirates worth US$ 28,636 million, with a partner share of 9.73 percent.
  3. India exports to Hong Kong, China worth US$ 15,021 million, with a partner share of 5.10 percent.
  4. India exports to China worth US$ 12,495 million, with a partner share of 4.24 percent.
  5. India exports to Singapore worth US$ 11,560 million, with a partner share of 3.93 percent.

Top five countries from which India imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. India imports from China worth US$ 71,923 million, with a partner share of 16.20 percent.
  2. India imports from United States worth US$ 24,086 million, with a partner share of 5.42 percent.
  3. India imports from United Arab Emirates worth US$ 23,115 million, with a partner share of 5.21 percent.
  4. India imports from Saudi Arabia worth US$ 21,087 million, with a partner share of 4.75 percent.
  5. India imports from Switzerland worth US$ 20,405 million, with a partner share of 4.60 percent.

India Top 5 Productsexports imports at HS 6 digit level 2017

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 34,849,725.42 (US$ Thousands).
  2. India exported Diamonds non-industrial nes excluding mounted o , worth 22,876,671.42 (US$ Thousands).
  3. India exported Other medicaments of mixed or unmixed products, , worth 9,656,236.04 (US$ Thousands).
  4. India exported Art. of jewellery and pts thereof of/o prec mtl , worth 8,369,358.43 (US$ Thousands).
  5. India exported Semi-milled or wholly milled rice , worth 6,634,757.43 (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 82,101,926.63 (US$ Thousands).
  2. India imported Gold in unwrought forms non-monetary , worth 36,090,216.54 (US$ Thousands).
  3. India imported Diamonds non-industrial unworked or simply sawn , worth 19,438,591.14 (US$ Thousands).
  4. India imported Other coal, not agglomerated, nes , worth 19,074,850.97 (US$ Thousands).
  5. India imported Parts of electrical apparatus for line telephon , worth 11,284,403.94 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by India in 2017 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 8.88 percent.
  • The trade weighted average tariff was 5.78 .
  • The total duty free imports in thousands of US dollars were 161,391,484.30 and duty free tariff line items share was 17.36 percent.

Development Indicators 2017

Key Development Indicators of India in 2017 are below

  • India GDP in current US dollar was 2,651,474 million.
  • GNI per capita, Atlas method (current US$) was 1,800.00 .
  • India Trade balance: as % of GDP was -3.16.
  • Trade balance in current US$ was -83,759.00 million.
  • Trade as percentage of GDP was 40.74 .
  • Trade in services as percentage of GDP was 11.11 .

Trade Indicators 2017

Trade Indicators for India in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 30.89.
  • World Growth in percentage was 5.17 and India Country Growth was 6.50 .