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How Indian export import data helps to figure out the position of India in the international trade market?

More than 80 countries in the world are responsible for India’s successful trade business including China, Russia, Colombia, the United States, Sri Lanka, Chile, Mexico and the United Kingdom etc. Every year, a wide range of commodities are imported from India to different parts of the globe and exported to India from different parts of the globe.

Indian Export Business

According to a recent Indian Export Import Data, the United States is one such country where the largest number of products India exports. US $42 billion dollars’ worth of commodities US buys from India last year which accounted 16.1% of total Indian exports. The list of top India’s export trading partners is followed by United Arab Emirates (11.8%), Hong Kong (5.1%), China (3.4%), United Kingdom (3.3%), Singapore (2.8%), Germany (2.7%) and Vietnam (2.3%) etc.

Some major commodities that India exports to different parts of the globe in large number of quantity are listed below-

  • Gems & precious metals
  • Vehicles
  • Machinery
  • Pharmaceuticals
  • Organic chemicals
  • Clothing & accessories
  • Electrical machinery & equipment
  • Iron & steel

Indian Import Business

India majorly imports Gold (Accounted for 9.6% of total imports), Crude Petroleum (18%), Diamonds (4.7%), Coal Briquettes (3.8%), Petroleum Gas (3.2%), Telephones (2.2%) and Vehicle parts (1.0%) etc. from China, Switzerland, the United States, Saudi Arabia and the United Arab Emirates.

The detailed information which is fetched from Indian export import data about top commodities that India majorly imports from different parts of the globe in large number of quantity are mentioned below-

  • Oil, Gems & precious metals
  • Electrical machinery & equipment
  • Organic chemicals
  • Plastics 
  • Animal & vegetable fats
  • Oils and waxes
  • Iron & steel
  • Ships & boats
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