Officially named the Republic of India, India is a South Asian nation that shares land borders with China, Nepal and Bhutan to its north-east, Burma and Bangladesh to its east, and Pakistan to its west. India exported US$394.8 billion worth of goods around the globe in 2023, up by 33.4% increase since 2019 and accelerating by 43.3% from 2022 to 2023. India is a relatively … [Read more...] about India’s Top Trading Partners
India
India’s Top 10 Imports
India bought US$667.2 billion worth of goods imported from around the world in 2023, up by 39.3% compared to $478.9 billion five years earlier during 2019. Year over year, that total dollar cost reflects an -8.9% reduction from $732.6 billion in 2022. Based on the average exchange rate for 2023 on a Purchasing Power Parity basis, the Indian rupee dropped by -20.8% against the … [Read more...] about India’s Top 10 Imports
India’s Top 10 Exports
Strategically located near highly populated trading partners including China, Pakistan and Bangladesh, the Republic of India shipped US$432 billion worth of exported products around the globe in 2023. That dollar amount reflects a 33.6% increase compared to $323.3 billion five years earlier in 2019. Year over year, the total value of goods exported from India fell by -4.6% … [Read more...] about India’s Top 10 Exports
India’s Top 10 Major Export Companies
Four of India’s 10 largest export companies specialize in petroleum-related sectors. Two huge Indian automobile manufacturers also rank among the country’s top 10 product exporters. To give some international perspective on large Indian company performance, the overall value of India’s exports rose by 22.5% from US$263.9 billion in 2015 to $323.5 billion during 2019. From 2018 … [Read more...] about India’s Top 10 Major Export Companies
Highest Value Indian Import Products
Fossil fuels including crude oil, coal and petroleum gases were among the 20 highest value Indian import products in 2017. The most valuable Indian imports also include unrefined gold and diamonds. Mobile phones and computers are other products for which India continues to show strong demand. The following list shows on which product categories Indian importers spent the … [Read more...] about Highest Value Indian Import Products