Loading..

India Trade Summary

2022

India exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2022

Overall Exports and Imports for India 2022

Exports and imports of India in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 452,684 million.
  • The total value of imports (CIF) was 732,566 million.
  • At the HS6 digit level, 4,403 products were exported to 223 countries and 4,316 products were imported from 211 countries.

India top 5 Export and Import partners 2022

Top five countries to which India exported in 2022 are below, along with the percent of total exports that went to that country:

  1. India exports to United States worth US$ 80,230 million, with a partner share of 17.72 percent.
  2. India exports to United Arab Emirates worth US$ 31,323 million, with a partner share of 6.92 percent.
  3. India exports to Netherlands worth US$ 18,500 million, with a partner share of 4.09 percent.
  4. India exports to China worth US$ 15,084 million, with a partner share of 3.33 percent.
  5. India exports to Bangladesh worth US$ 13,834 million, with a partner share of 3.06 percent.

Top five countries from which India imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. India imports from China worth US$ 102,249 million, with a partner share of 13.96 percent.
  2. India imports from United Arab Emirates worth US$ 53,851 million, with a partner share of 7.35 percent.
  3. India imports from United States worth US$ 51,772 million, with a partner share of 7.07 percent.
  4. India imports from Saudi Arabia worth US$ 46,188 million, with a partner share of 6.30 percent.
  5. India imports from Russian Federation worth US$ 40,628 million, with a partner share of 5.55 percent.

India Top 5 Productsexports imports at HS 6 digit level 2022

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 94,398,699.63 (US$ Thousands).
  2. India exported Diamonds non-industrial nes excluding mounted o , worth 22,959,945.96 (US$ Thousands).
  3. India exported Other medicaments of mixed or unmixed products, , worth 15,075,128.42 (US$ Thousands).
  4. India exported Semi-milled or wholly milled rice , worth 9,400,160.30 (US$ Thousands).
  5. India exported Art. of jewellery and pts thereof of/o prec mtl , worth 9,219,529.04 (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 173,515,902.76 (US$ Thousands).
  2. India imported Other coal, not agglomerated, nes , worth 47,335,284.79 (US$ Thousands).
  3. India imported Gold in unwrought forms non-monetary , worth 36,200,642.78 (US$ Thousands).
  4. India imported Diamonds non-industrial unworked or simply sawn , worth 18,118,823.34 (US$ Thousands).
  5. India imported Natural gas, liquefied , worth 17,773,951.16 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by India in 2022 are below

  • The maximum rate of tariff in percentage on any product was 150 percent.
  • The simple average tariff across all products was 14.27 percent.
  • The trade weighted average tariff was 11.36 .
  • The total duty free imports in thousands of US dollars were 48,237,685.69 and duty free tariff line items share was 5.84 percent.

Development Indicators 2022

Key Development Indicators of India in 2022 are below

  • India GDP in current US dollar was 3,385,090 million.
  • GNI per capita, Atlas method (current US$) was 2,380.00 .
  • India Trade balance: as % of GDP was -4.47.
  • Trade balance in current US$ was -151,456.00 million.
  • Trade as percentage of GDP was 49.37 .
  • Trade in services as percentage of GDP was 14.36 .

Trade Indicators 2022

Trade Indicators for India in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 31.14.
  • World Growth in percentage was 5.18 and India Country Growth was 5.26 .