What Does India Import and Export?
India’s top five imports are crude petroleum, gold, coal briquettes, diamonds and petroleum gas. The country’s top five exports are refined petroleum, jewelry, packaged medical treatments, rice and cars.
India primarily exports to the United States, the United Arab Emirates, China, Singapore and the United Kingdom. Other major export products include vegetable saps, raw cotton, broadcasting equipment, iron ore, non-retail pure cotton yarn, vehicle parts and frozen bovine meat.
India’s main partners for imports are China, the United Arab Emirates, Saudi Arabia, Switzerland and the United States. Major imports for the country also include palm oil, telephones, jewelry, copper ore, computers, refined petroleum, broadcasting equipment, vehicle parts, scrap iron and mixed mineral or chemical fertilizers.
India’s trade in merchandise has steadily increased since 2006. The country’s economy is the 10th largest in the world and the third largest in terms of purchasing power parity. Agriculture continues to be the country’s largest industry, but it has been in decline relative to the growth of petroleum production. Other significant industries in the country include pharmaceuticals, engineering, diamond and gem polishing, the manufacture of jewelry, retail, tourism, banking, mining and textiles. India’s economy is expected to continue growing, making the country an attractive trade partner.