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South Asia Trade Summary

2022

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 2022

Overall Exports and Imports for South Asia 2022

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

  • The total value of exports (FoB) was 498,504 million.
  • The total value of imports (CIF) was 837,568 million.
  • At the HS6 digit level, 4,464 products were exported to 226 countries and 4,512 products were imported from 229 countries.

South Asia top 5 Export and Import partners 2022

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

  1. South Asia exports to United States worth US$ 90,041 million, with a partner share of 18.06 percent.
  2. South Asia exports to United Arab Emirates worth US$ 33,234 million, with a partner share of 6.67 percent.
  3. South Asia exports to Netherlands worth US$ 20,755 million, with a partner share of 4.16 percent.
  4. South Asia exports to China worth US$ 17,889 million, with a partner share of 3.59 percent.
  5. South Asia exports to Bangladesh worth US$ 14,906 million, with a partner share of 2.99 percent.

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

  1. South Asia imports from China worth US$ 124,314 million, with a partner share of 14.84 percent.
  2. South Asia imports from United Arab Emirates worth US$ 63,174 million, with a partner share of 7.54 percent.
  3. South Asia imports from United States worth US$ 55,693 million, with a partner share of 6.65 percent.
  4. South Asia imports from Saudi Arabia worth US$ 51,608 million, with a partner share of 6.16 percent.
  5. South Asia imports from Russian Federation worth US$ 41,607 million, with a partner share of 4.97 percent.

South Asia Top 5 Productsexports imports at HS 6 digit level 2022

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 94,743,940.93 (US$ Thousands).
  2. South Asia exported Diamonds non-industrial nes excluding mounted o , worth 23,155,240.81 (US$ Thousands).
  3. South Asia exported Other medicaments of mixed or unmixed products, , worth 15,226,563.46 (US$ Thousands).
  4. South Asia exported Semi-milled or wholly milled rice , worth 11,097,787.75 (US$ Thousands).
  5. South Asia exported Art. of jewellery and pts thereof of/o prec mtl , worth 9,243,060.50 (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 179,866,512.31 (US$ Thousands).
  2. South Asia imported Other coal, not agglomerated, nes , worth 48,168,811.55 (US$ Thousands).
  3. South Asia imported Gold in unwrought forms non-monetary , worth 36,416,572.36 (US$ Thousands).
  4. South Asia imported Petroleum oils, etc, (excl. crude); preparation , worth 31,826,640.08 (US$ Thousands).
  5. South Asia imported Natural gas, liquefied , worth 22,297,397.32 (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 South Asia in 2022 are below

  • The maximum rate of tariff in percentage on any product was 1,500 percent.
  • The simple average tariff across all products was 12.60 percent.
  • The trade weighted average tariff was 11.15 .
  • The total duty free imports in thousands of US dollars were 75,451,526.32 and duty free tariff line items share was 17.52 percent.

Development Indicators 2022

Key Development Indicators of South Asia in 2022 are below

  • South Asia GDP in current US dollar was 4,361,631 million.
  • GNI per capita, Atlas method (current US$) was 2,277.57 .
  • South Asia Trade balance: as % of GDP was -6.07.
  • Trade balance in current US$ was -264,674.00 million.
  • Trade as percentage of GDP was 46.54 .
  • Trade in services as percentage of GDP was 12.39 .

Trade Indicators 2022

Trade Indicators for South Asia in 2022 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 .