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South Asia Trade Summary

2021

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 2021

Overall Exports and Imports for South Asia 2021

Exports and imports of South Asia in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 409,962 million.
  • The total value of imports (CIF) was 610,307 million.
  • At the HS6 digit level, 4,470 products were exported to 222 countries and 4,504 products were imported from 221 countries.

South Asia top 5 Export and Import partners 2021

Top five countries to which South Asia exported in 2021 are below, along with the percent of total exports that went to that country:

  1. South Asia exports to United States worth US$ 74,946 million, with a partner share of 18.28 percent.
  2. South Asia exports to United Arab Emirates worth US$ 25,764 million, with a partner share of 6.28 percent.
  3. South Asia exports to China worth US$ 23,351 million, with a partner share of 5.70 percent.
  4. South Asia exports to Bangladesh worth US$ 14,342 million, with a partner share of 3.50 percent.
  5. South Asia exports to Hong Kong, China worth US$ 11,459 million, with a partner share of 2.79 percent.

Top five countries from which South Asia imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. South Asia imports from China worth US$ 95,340 million, with a partner share of 15.62 percent.
  2. South Asia imports from United Arab Emirates worth US$ 45,228 million, with a partner share of 7.41 percent.
  3. South Asia imports from United States worth US$ 42,315 million, with a partner share of 6.93 percent.
  4. South Asia imports from Switzerland worth US$ 29,680 million, with a partner share of 4.86 percent.
  5. South Asia imports from Saudi Arabia worth US$ 28,146 million, with a partner share of 4.61 percent.

South Asia Top 5 Productsexports imports at HS 6 digit level 2021

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 54,243,482.82 (US$ Thousands).
  2. South Asia exported Diamonds non-industrial nes excluding mounted o , worth 23,993,552.40 (US$ Thousands).
  3. South Asia exported Other medicaments of mixed or unmixed products, , worth 14,949,633.87 (US$ Thousands).
  4. South Asia exported Art. of jewellery and pts thereof of/o prec mtl , worth 8,447,745.94 (US$ Thousands).
  5. South Asia exported Semi-milled or wholly milled rice , worth 8,367,789.89 (US$ Thousands).

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 106,896,336.60 (US$ Thousands).
  2. South Asia imported Gold in unwrought forms non-monetary , worth 55,239,629.41 (US$ Thousands).
  3. South Asia imported Other coal, not agglomerated, nes , worth 24,364,833.02 (US$ Thousands).
  4. South Asia imported Diamonds non-industrial unworked or simply sawn , worth 17,355,178.11 (US$ Thousands).
  5. South Asia imported Petroleum oils, etc, (excl. crude); preparation , worth 13,882,000.46 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by South Asia in 2021 are below

  • The maximum rate of tariff in percentage on any product was 679.86 percent.
  • The simple average tariff across all products was 9.63 percent.
  • The trade weighted average tariff was 6.29 .
  • The total duty free imports in thousands of US dollars were 130,638,379.80 and duty free tariff line items share was 27.91 percent.

Development Indicators 2021

Key Development Indicators of South Asia in 2021 are below

  • South Asia GDP in current US dollar was 3,717,045 million.
  • GNI per capita, Atlas method (current US$) was 2,222.50 .
  • South Asia Trade balance: as % of GDP was -3.46.
  • Trade balance in current US$ was -128,454.00 million.
  • Trade as percentage of GDP was 44.01 .
  • Trade in services as percentage of GDP was 10.97 .

Trade Indicators 2021

Trade Indicators for South Asia in 2021 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 .