The main export partner for India in 2023 was the United States, accounting for 19 percent of all exports, followed by the United Arab Emirates.
The main import partners for India in 2023 were China, accounting for 19 percent of all imports, followed by Russia.
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Top Import Trading Partners of India with import value and Year on Year growth comparison
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High Frequency Indicator: The dataset contains year- and month-wise historically compiled data from the year 2007 to till date on the India's top 25 trading countries with trading of goods by import and export, along with details of country-wise value, both in indian rupees and u.s. dollars, of imports, exports and trade balance.
In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.
With a total trade volume of 5.9 billion U.S. dollars, Brazil ranked as the most important trade partner of Argentina in the first quarter of 2024. During that same period, Argentina's largest trade deficit was with China, as the balance reached -1,158 million dollars.
The value of trade between India and the ASEAN region amounted to over 120 billion U.S. dollars in fiscal year 2024. The largest portion of this trade came from Singapore, valued at over 35 billion dollars that year. Of the trade between India and Singapore, imports into India had a higher value than its exports.
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Russia Exports: Year to Date: India data was reported at 590.800 USD mn in Jan 2022. This records a decrease from the previous number of 9.129 USD bn for Dec 2021. Russia Exports: Year to Date: India data is updated monthly, averaging 2.366 USD bn from Feb 2004 (Median) to Jan 2022, with 216 observations. The data reached an all-time high of 9.129 USD bn in Dec 2021 and a record low of 91.200 USD mn in Jan 2005. Russia Exports: Year to Date: India data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA006: Exports: by Main Trading Partners: ytd. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.
In 2023, the main trade partner of Brazil was China: trade between both countries exceeded 157 billion U.S. dollars. Furthermore, the South American economy registered a trade surplus of 51 billion dollars with China. The United States ranked as the second most important trade partner, although in this case Brazil had a trade deficit.
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India's total Exports in 2024 were valued at US$434.44 Billion, according to the United Nations COMTRADE database on international trade. India's main export partners were: the United States, the United Arab Emirates and the Netherlands. The top three export commodities were: Mineral fuels, oils, distillation products; Electrical, electronic equipment and Machinery, nuclear reactors, boilers. Total Imports were valued at US$697.75 Billion. In 2024, India had a trade deficit of US$263.31 Billion.
Techsalerator’s Import/Export Trade Data for Asia
Techsalerator’s Import/Export Trade Data for Asia offers a comprehensive and detailed examination of trade activities across the Asian continent. This extensive dataset provides deep insights into import and export transactions involving companies across various sectors throughout Asia.
Coverage Across All Asian Countries
The dataset encompasses a broad range of countries within Asia, including:
Central Asia:
Kazakhstan Kyrgyzstan Tajikistan Turkmenistan Uzbekistan East Asia:
China Hong Kong Japan Mongolia North Korea South Korea Taiwan Southeast Asia:
Brunei Cambodia East Timor (Timor-Leste) Indonesia Laos Malaysia Myanmar (Burma) Philippines Singapore Thailand Vietnam South Asia:
Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan Sri Lanka West Asia (Middle East):
Armenia Azerbaijan Bahrain Cyprus Georgia Iran Iraq Israel Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Syria Turkey United Arab Emirates Yemen Comprehensive Data Features
Transaction Details: The dataset includes detailed information on individual trade transactions, such as product descriptions, quantities, values, and dates. This level of detail allows for accurate tracking and analysis of trade patterns across Asia.
Company Information: It provides insights into the companies involved in trade, including their names, locations, and industry sectors. This information supports targeted market analysis and competitive intelligence.
Categorization: Transactions are categorized by industry sectors, product types, and trade partners, helping users understand market dynamics and sector-specific trends across diverse Asian economies.
Trade Trends: Historical data is available to analyze trade trends, identify emerging markets, and assess the impact of economic or geopolitical events on trade flows within the region.
Geographical Insights: Users can explore regional trade flows and cross-border dynamics between Asian countries and their global trade partners, including major trading nations outside the continent.
Regulatory and Compliance Data: Information on trade regulations, tariffs, and compliance requirements is included, assisting businesses in navigating the complex regulatory environments across different Asian countries.
Applications and Benefits
Market Research: Businesses can use the data to identify new market opportunities, assess competitive landscapes, and understand consumer demand across various Asian countries.
Strategic Planning: Companies can leverage insights from the data to refine trade strategies, optimize supply chains, and manage risks associated with international trade in Asia.
Economic Analysis: Analysts and policymakers can monitor economic performance, evaluate trade balances, and make informed decisions on trade policies and economic development initiatives.
Investment Decisions: Investors can assess trade trends and market potentials to make informed decisions about investments in Asia’s diverse and rapidly evolving markets.
Techsalerator’s Import/Export Trade Data for Asia provides a vital resource for organizations involved in international trade, offering a detailed, reliable, and expansive view of trade activities across the Asian continent.
The European Union has experienced a shift in its biggest trade partners since the early 2000s. Over the past two decades, the share of EU imports flowing from China has more than doubled, from around 8 percent in 2002 to over 20 percent in 2024, making China the EU's largest external import partner. At the same time, the proportion of total imports coming from the United Kingdom, which was historically a large importer to EU countries (the UK was an EU member state until 2020), have more than halved, from 18 percent to less than 7 percent. This secular trend existed before the UK voted to leave the EU in 2016, however, there has been a notable drop in imports from the UK since Brexit was enacted in 2020. By contrast the share of the EU's import trade taken by the U.S., Switzerland, and the Rest of World have remained relatively stable over this period. The share of exports coming from Russia was growing steadily in the period before 2014, after which the EU imposed economic sanctions on Russia due to the illegal annexation of Crimea from Ukraine. Imports from Russia collapsed in 2023, due to the effect of the additional economic sanctions placed on Russia in response to the full scale invasion of Ukraine in February of 2022.The Russian Federation is now only the tenth-largest exporter to the EU, after India, Japan, and South Korea.
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Exports: India: 1-Digit: Animal and Vegetable Oil, Fats and Waxes data was reported at 0.000 NOK th in Jun 2018. This stayed constant from the previous number of 0.000 NOK th for May 2018. Exports: India: 1-Digit: Animal and Vegetable Oil, Fats and Waxes data is updated monthly, averaging 0.000 NOK th from Jan 1988 (Median) to Jun 2018, with 366 observations. The data reached an all-time high of 1,462.000 NOK th in May 2017 and a record low of 0.000 NOK th in Jun 2018. Exports: India: 1-Digit: Animal and Vegetable Oil, Fats and Waxes data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.JA003: Exports: by SITC 1-Digit and Main Trade Partner.
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Imports: India: 1-Digit: Chemical and Related Product data was reported at 56,813.000 NOK th in Jun 2018. This records an increase from the previous number of 38,053.000 NOK th for May 2018. Imports: India: 1-Digit: Chemical and Related Product data is updated monthly, averaging 2,439.000 NOK th from Jan 1988 (Median) to Jun 2018, with 366 observations. The data reached an all-time high of 62,530.000 NOK th in Apr 2018 and a record low of 0.000 NOK th in Mar 1991. Imports: India: 1-Digit: Chemical and Related Product data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.JA018: Imports: by SITC 1-Digit and Main Trade Partner.
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Canada Trade Balance: NAPCS: BOP: sa: India data was reported at -9.600 CAD mn in Sep 2018. This records a decrease from the previous number of 145.700 CAD mn for Aug 2018. Canada Trade Balance: NAPCS: BOP: sa: India data is updated monthly, averaging 8.600 CAD mn from Jan 1997 (Median) to Sep 2018, with 261 observations. The data reached an all-time high of 484.200 CAD mn in Mar 2017 and a record low of -132.200 CAD mn in Jul 2016. Canada Trade Balance: NAPCS: BOP: sa: India data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA002: Trade Balance: NAPCS 2007: Seasonally Adjusted (Discontinued).
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
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Canada Exports: NAPCS: BOP: India data was reported at 434.100 CAD mn in Sep 2018. This records an increase from the previous number of 426.900 CAD mn for Aug 2018. Canada Exports: NAPCS: BOP: India data is updated monthly, averaging 148.700 CAD mn from Jan 1997 (Median) to Sep 2018, with 261 observations. The data reached an all-time high of 654.900 CAD mn in Mar 2017 and a record low of 25.300 CAD mn in Feb 1997. Canada Exports: NAPCS: BOP: India data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.JA030: Exports by Major Trading Partners: NAPCS 2007: Balance of Payments Basis (Discontinued).
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
Russia's leading five export partners in 2023 were China, India, Turkey, Kazakhstan, and Brazil. The value of total exports from Russia to its major trade partner — China — exceeded 128 billion U.S. dollars. Trade between Russia and China China was not only the leading export destination of Russian commodities, but also the major import partner of the country. Prior to 2018, the value of Russian imports from China prevailed the Russian exports’ worth to the country. It was in 2018 when for the first time, the trade balance of Russia with China turned positive and amounted to about 3.8 billion U.S. dollars. Russia's primary export goods, mineral and energy products, were also the most imported commodities by China from the country. Russian trade with Europe Trade flows between Russia and the EU have been in decline over the past years. In 2023, the EU export value to Russia exceeded 38 billion U.S. dollars — roughly 12 billion U.S. dollars below the EU imports’ worth from Russia in that year. Germany was the major importer of Russian goods in the region.
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Ethiopia's total Imports in 2023 were valued at US$17.05 Billion, according to the United Nations COMTRADE database on international trade. Ethiopia's main import partners were: China, India and Kuwait. The top three import commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Exports were valued at US$2.86 Billion. In 2023, Ethiopia had a trade deficit of US$14.19 Billion.
The main export partner for India in 2023 was the United States, accounting for 19 percent of all exports, followed by the United Arab Emirates.