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South Asia Trade Summary

2018

South Asia 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 SOUTH ASIA 2018

Overall Exports and Imports for South Asia 2018

Exports and imports of South Asia in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 347,873 million.
  • The total value of imports (CIF) was 695,883 million.
  • At the HS6 digit level, 4,467 products were exported to 224 countries and 4,481 products were imported from 228 countries.

South Asia top 5 Export and Import partners 2018

Top five countries to which South Asia exported in 2018 are below, along with the percent of total exports that went to that country:

  1. South Asia exports to United States worth US$ 55,450 million, with a partner share of 15.94 percent.
  2. South Asia exports to United Arab Emirates worth US$ 29,538 million, with a partner share of 8.49 percent.
  3. South Asia exports to China worth US$ 18,241 million, with a partner share of 5.24 percent.
  4. South Asia exports to Hong Kong, China worth US$ 13,243 million, with a partner share of 3.81 percent.
  5. South Asia exports to United Kingdom worth US$ 11,490 million, with a partner share of 3.30 percent.

Top five countries from which South Asia imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. South Asia imports from China worth US$ 107,763 million, with a partner share of 15.49 percent.
  2. South Asia imports from United States worth US$ 42,012 million, with a partner share of 6.04 percent.
  3. South Asia imports from United Arab Emirates worth US$ 41,573 million, with a partner share of 5.97 percent.
  4. South Asia imports from Saudi Arabia worth US$ 37,604 million, with a partner share of 5.40 percent.
  5. South Asia imports from Iraq worth US$ 28,494 million, with a partner share of 4.09 percent.

South Asia Top 5 Productsexports imports at HS 6 digit level 2018

The top five exported HS 6 digit level products to world by South Asia along with trade value are:

  1. South Asia exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 47,289,704.55 million.
  2. South Asia exported Diamonds non-industrial nes excluding mounted o , worth US$ 24,188,847.81 million.
  3. South Asia exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 11,582,435.81 million.
  4. South Asia exported Other medicaments of mixed or unmixed products, , worth US$ 10,829,127.66 million.
  5. South Asia exported Semi-milled or wholly milled rice , worth US$ 8,580,619.37 million.

The top five imported HS 6 digit level products from world by South Asia along with trade value are

  1. South Asia imported Petroleum oils and oils obtained from bituminou , worth US$ 144,242,289.75 million.
  2. South Asia imported Gold in unwrought forms non-monetary , worth US$ 38,317,301.22 million.
  3. South Asia imported Other coal, not agglomerated, nes , worth US$ 28,284,780.92 million.
  4. South Asia imported Diamonds non-industrial unworked or simply sawn , worth US$ 21,003,093.09 million.
  5. South Asia imported Natural gas, liquefied , worth US$ 16,507,473.70 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by South Asia in 2018 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 10.97 percent.
  • The trade weighted average tariff was 5.53 .
  • The total duty free imports in thousands of US dollars were 270,900,223.49 and duty free tariff line items share was 23.26 percent.

Development Indicators 2018

Key Development Indicators of South Asia in 2018 are below

  • South Asia GDP in current US dollar was 3,452,512 million.
  • GNI per capita, Atlas method (current US$) was 1,923.25 .
  • South Asia Trade balance: as % of GDP was -5.21.
  • Trade balance in current US$ was -191,607.00 million.
  • Trade as percentage of GDP was 42.08 .
  • Trade in services as percentage of GDP was 11.12 .

Trade Indicators 2018

Trade Indicators for South Asia in 2018 are below

  • Hirschman Herfindahl market concentration index was not available.
  • Index of export market penetration was not available.
  • World Growth in percentage was not available and South Asia Country Growth was not available .