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India Trade Summary

2019

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 2019

Overall Exports and Imports for India 2019

Exports and imports of India in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 323,251 million.
  • The total value of imports (CIF) was 478,884 million.
  • At the HS6 digit level, 4,442 products were exported to 226 countries and 4,356 products were imported from 210 countries.

India top 5 Export and Import partners 2019

Top five countries to which India exported in 2019 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 54,288 million, with a partner share of 16.79 percent.
  2. India exports to United Arab Emirates worth US$ 29,539 million, with a partner share of 9.14 percent.
  3. India exports to China worth US$ 17,279 million, with a partner share of 5.35 percent.
  4. India exports to Hong Kong, China worth US$ 11,478 million, with a partner share of 3.55 percent.
  5. India exports to Singapore worth US$ 10,739 million, with a partner share of 3.32 percent.

Top five countries from which India imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. India imports from China worth US$ 68,402 million, with a partner share of 14.28 percent.
  2. India imports from United States worth US$ 34,918 million, with a partner share of 7.29 percent.
  3. India imports from United Arab Emirates worth US$ 30,309 million, with a partner share of 6.33 percent.
  4. India imports from Saudi Arabia worth US$ 27,000 million, with a partner share of 5.64 percent.
  5. India imports from Iraq worth US$ 22,085 million, with a partner share of 4.61 percent.

India Top 5 Productsexports imports at HS 6 digit level 2019

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 42,560,122.41 (US$ Thousands).
  2. India exported Diamonds non-industrial nes excluding mounted o , worth 20,575,454.94 (US$ Thousands).
  3. India exported Other medicaments of mixed or unmixed products, , worth 12,476,878.36 (US$ Thousands).
  4. India exported Art. of jewellery and pts thereof of/o prec mtl , worth 12,366,518.38 (US$ Thousands).
  5. India exported Semi-milled or wholly milled rice , worth 6,616,848.87 (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 101,948,596.92 (US$ Thousands).
  2. India imported Gold in unwrought forms non-monetary , worth 31,098,774.75 (US$ Thousands).
  3. India imported Other coal, not agglomerated, nes , worth 20,118,682.61 (US$ Thousands).
  4. India imported Diamonds non-industrial unworked or simply sawn , worth 13,480,569.95 (US$ Thousands).
  5. India imported Natural gas, liquefied , worth 9,550,077.43 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by India in 2019 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 10.21 percent.
  • The trade weighted average tariff was 6.59 .
  • The total duty free imports in thousands of US dollars were 185,514,243.82 and duty free tariff line items share was 18.24 percent.

Development Indicators 2019

Key Development Indicators of India in 2019 are below

  • India GDP in current US dollar was 2,835,606 million.
  • GNI per capita, Atlas method (current US$) was 2,080.00 .
  • India Trade balance: as % of GDP was -2.58.
  • Trade balance in current US$ was -73,070.00 million.
  • Trade as percentage of GDP was 39.91 .
  • Trade in services as percentage of GDP was 12.18 .

Trade Indicators 2019

Trade Indicators for India in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 31.89.
  • World Growth in percentage was -1.34 and India Country Growth was 1.33 .