![]() ![]() India imports around 6000 commodities from 140 countries. The following table shows India's 10 largest destinations for exports in 2019–2020. India exports approximately 7500 commodities to about 192 countries. Imports by these countries from India Region The percentages on these tables are based on 2017 data as shown on the CIA World Factbook.Įxports from these countries to India Region India is the primary export or import partner of several countries. India's largest trade partners with their total trade (sum of imports and exports) in billions of US dollars for the financial year 2021–22 were as follows:Ĭountries to which India is the largest trading partner India exported about $422 billion merchandise in the financial year 2021-2022 and about $250 billion merchandise in the same financial year. ![]() (Financial Year 2021–22) in US Billion dollars 2 Countries to which India is the largest trading partner.These figures include trade in goods and commodities, but do not include services or foreign direct investment. The two main destinations of exported Indian merchandises is the EU market and the US, when the two main markets of origin are China and the EU Īccording to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 2015–2016. Ĭounting the European Union as one, the WTO ranks India fifth for commercial services exports and sixth for commercial services imports. The trade surplus in services trade is US$70 billion in the year 2017–18. The services trade (exports and imports) are not part of commodities trade. These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total trade deficit (136 billion US$) of India in the financial year 2013–14. In the year 2013–14, gold and its finished items (HS code 71) were the second largest traded items with 58.465 billion US$ worth imports and 41.692 billion US$ worth re-exports after value addition. In the year 2013–14, mineral fuels (HS code 27) were the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. The two largest goods traded by India are mineral fuels (refined / unrefined) and gold (finished gold ware / gold metal). ( February 2022)Īccording to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 2019-2020. ![]() Please help update this article to reflect recent events or newly available information. ![]()
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