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India Trade

Latest trade data available from various sources.
India monthly trade data
India quarterly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year 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.

TRADE SUMMARY FOR India

Overall Exports and Imports for India 2023

  • The total value of exports (FOB) is US$ 431,412 million.
  • The total value of imports (CIF) is US$ 672,140 million.
  • At the HS6 digit level, 4,418 products are exported to 226 countries and 4,316 products are imported from 213 countries.

Top 5 Products exports imports at HS 6 digit level 2023

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

  • India exported Petroleum oils, etc, (excl. crude); preparation , worth 84,963,281.53 (US$ Thousands).
  • India exported Diamonds non-industrial nes excluding mounted o , worth 17,336,157.14 (US$ Thousands).
  • India exported Other medicaments of mixed or unmixed products, , worth 16,237,588.19 (US$ Thousands).
  • India exported Transmission apparatus, for radioteleph incorpo , worth 15,243,172.60 (US$ Thousands).
  • India exported Art. of jewellery and pts thereof of/o prec mtl , worth 11,044,813.94 (US$ Thousands).

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

  • India imported Petroleum oils and oils obtained from bituminou , worth 140,386,299.65 (US$ Thousands).
  • India imported Gold in unwrought forms non-monetary , worth 42,480,205.63 (US$ Thousands).
  • India imported Other coal, not agglomerated, nes , worth 35,940,397.65 (US$ Thousands).
  • India imported Monolithic integrated circuits, digital , worth 19,150,841.98 (US$ Thousands).
  • India imported Diamonds non-industrial unworked or simply sawn , worth 13,952,485.07 (US$ Thousands).

India top 5 Export and Import partners 2023

The top five countries to which India exported 2023 along with the partner share in percentage are:

  1. India exports to United States worth US$ 75,805 million, with a partner share of 17.57 percent.
  2. India exports to United Arab Emirates worth US$ 33,021 million, with a partner share of 7.65 percent.
  3. India exports to Netherlands worth US$ 23,108 million, with a partner share of 5.36 percent.
  4. India exports to China worth US$ 16,245 million, with a partner share of 3.77 percent.
  5. India exports to United Kingdom worth US$ 12,480 million, with a partner share of 2.89 percent.

The top five countries to which India imported goods 2023 along with the share in percentage are

  1. India imports from China worth US$ 121,967 million, with a partner share of 18.15 percent.
  2. India imports from Russian Federation worth US$ 67,071 million, with a partner share of 9.98 percent.
  3. India imports from United States worth US$ 42,116 million, with a partner share of 6.27 percent.
  4. India imports from United Arab Emirates worth US$ 37,541 million, with a partner share of 5.59 percent.
  5. India imports from Saudi Arabia worth US$ 34,644 million, with a partner share of 5.15 percent.

India Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by India in 2023 are below.

  • The maximum rate of tariff in percentage on any product is 150.
  • The simple average tariff across all products is 9.81.
  • The trade weighted average tariff is 5.22.
  • The total duty free imports in thousands of US dollars are 139,951,065.36 and duty free tariff line items share is 17.30.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.15.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.15.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is 3.
  • No Of NTM Affected Products (HS 6 Digit) is 347.

Temporary Trade Barriers Database (TTDB) 2013.

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  • Temporary Trade Barriers in Effect - Simple Average for the year 2013 is 6.59.
  • Temporary Trade Barriers in Effect - Weighted Average for the year 2013 is 5.32.

India World Development Indicators (WDI) 2023

Key Development Indicators of India in 2023 are below

WDI

India Doing Business 2019

  • The ease of doing business rank for India is 63.
  • The trade across border rank is 68.
Doing Business

India Country Policy and Institutional Assessment (CPIA), 2013

  • The CPIA Trade Ratings for 2013 is 4.
CPIA

IndiaLogistics Performance Index (LPI) 2016

  • The LPI score for India in 2016 is 3.42.
  • The LPI rank is 35.
LPI

India Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for India is 65.70.
SPRD