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South Asia Trade Summary

2020

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 2020

Overall Exports and Imports for South Asia 2020

Exports and imports of South Asia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 309,288 million.
  • The total value of imports (CIF) was 439,108 million.
  • At the HS6 digit level, 4,457 products were exported to 225 countries and 4,473 products were imported from 228 countries.

South Asia top 5 Export and Import partners 2020

Top five countries to which South Asia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. South Asia exports to United States worth US$ 56,208 million, with a partner share of 18.17 percent.
  2. South Asia exports to China worth US$ 21,133 million, with a partner share of 6.83 percent.
  3. South Asia exports to United Arab Emirates worth US$ 19,267 million, with a partner share of 6.23 percent.
  4. South Asia exports to United Kingdom worth US$ 10,467 million, with a partner share of 3.38 percent.
  5. South Asia exports to Hong Kong, China worth US$ 9,740 million, with a partner share of 3.15 percent.

Top five countries from which South Asia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. South Asia imports from China worth US$ 76,207 million, with a partner share of 17.36 percent.
  2. South Asia imports from United States worth US$ 29,868 million, with a partner share of 6.80 percent.
  3. South Asia imports from United Arab Emirates worth US$ 29,447 million, with a partner share of 6.71 percent.
  4. South Asia imports from Saudi Arabia worth US$ 19,854 million, with a partner share of 4.52 percent.
  5. South Asia imports from Iraq worth US$ 16,225 million, with a partner share of 3.69 percent.

South Asia Top 5 Productsexports imports at HS 6 digit level 2020

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$ 26,523,529.60 million.
  2. South Asia exported Diamonds non-industrial nes excluding mounted o , worth US$ 14,732,805.18 million.
  3. South Asia exported Other medicaments of mixed or unmixed products, , worth US$ 14,348,515.15 million.
  4. South Asia exported Semi-milled or wholly milled rice , worth US$ 9,024,255.36 million.
  5. South Asia exported Art. of jewellery and pts thereof of/o prec mtl , worth US$ 5,687,945.62 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$ 67,252,029.25 million.
  2. South Asia imported Gold in unwrought forms non-monetary , worth US$ 21,834,412.00 million.
  3. South Asia imported Other coal, not agglomerated, nes , worth US$ 14,712,784.47 million.
  4. South Asia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 12,130,091.78 million.
  5. South Asia imported Natural gas, liquefied , worth US$ 9,987,854.25 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by South Asia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 809.31 percent.
  • The simple average tariff across all products was 10.48 percent.
  • The trade weighted average tariff was 6.98 .
  • The total duty free imports in thousands of US dollars were 95,328,746.97 and duty free tariff line items share was 25.15 percent.

Development Indicators 2020

Key Development Indicators of South Asia in 2020 are below

  • South Asia GDP in current US dollar was 3,490,012 million.
  • GNI per capita, Atlas method (current US$) was 1,865.34 .
  • South Asia Trade balance: as % of GDP was -2.28.
  • Trade balance in current US$ was -79,419.00 million.
  • Trade as percentage of GDP was 36.05 .
  • Trade in services as percentage of GDP was 10.26 .

Trade Indicators 2020

Trade Indicators for South Asia in 2020 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 .