Historical chart and dataset showing India tariff rates by year from 1990 to 2022.

Tariff rate, applied, simple mean, all products (%) in India was reported at 10.06 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, applied, simple mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Tariff rate, applied, weighted mean, all products (%) in India was reported at 4.59 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, applied, weighted mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Tariff rate, most favored nation, weighted mean, all products (%) in India was reported at 5.99 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, most favored nation, weighted mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The cheapest data tariff value was provided by BSNL at around *** rupees per gigabyte across India as of July 2024. However, Reliance Jio had the highest share in the number of wireless subscribers across the country during the same period.

Tariff rate, most favored nation, simple mean, primary products (%) in India was reported at 24.83 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, most favored nation, simple mean, primary products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Tariff rate, most favored nation, weighted mean, primary products (%) in India was reported at 3.22 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, most favored nation, weighted mean, primary products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Tariff rate, most favored nation, simple mean, manufactured products (%) in India was reported at 11.57 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, most favored nation, simple mean, manufactured products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Tariff rate, most favored nation, simple mean, all products (%) in India was reported at 15.02 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, most favored nation, simple mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

As of October 2022, refined rapeseed oil had the highest rate of import duty at about ** percent in India. In comparison, crude soybean oil, sunflower oil, and palm oil had an import duty rate of over **** percent each.

How Tariffs are Impacting the Economy

Tariffs have a profound impact on the economy by increasing the cost of imports and reducing the affordability of goods and services. As tariffs raise the price of foreign products, businesses face higher costs for materials and components, leading to increased production expenses. This increase in costs is typically passed down to consumers, causing inflationary pressures.

Businesses are also forced to adapt to changes in trade patterns, often seeking alternative suppliers or shifting production to countries with more favorable tariff rates. The result is often disruption in supply chains, with longer lead times and less predictable costs.

Additionally, tariffs can lead to a reduction in consumer demand as higher prices discourage spending. On a broader scale, the implementation of tariffs can slow economic growth by reducing international trade and investment flows, diminishing the efficiency of global markets, and creating a more fragmented trade environment.

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In 2018, the value of large scale solar project tariffs across India was **** Indian rupees per kilowatt hour. The power supply for residential areas in the South Asian country are highly subsidized and, the price of grid power is lower than the solar power for buildings that have low consumption.

Tariff rate, applied, simple mean, primary products (%) in India was reported at 17.27 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, applied, simple mean, primary products - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

India's relative price of investment rose 44% from 1981 to 1991 and fell 26% from 1991 to 2006. We build a simple DGE model calibrated to Indian data in order to explore the impact of capital import substitution policies and their reform post-1991, in accounting for this rise and fall. Our model delivers a 23% rise before reform and a 31% fall thereafter. GDP per effective labor was 3% lower in 1991 compared to 1981 due to import restrictions on capital goods. Their removal and a 71 percentage point reduction in tariff rates raised GDP per effective labor permanently by 20%.

Tariff rate, applied, simple mean, manufactured products (%) in India was reported at 9 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, applied, simple mean, manufactured products - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Procter & Gamble strategically shifts its supply chain by sourcing stainless steel for Gillette razors from India to avoid potential tariffs and enhance cost efficiency.

In the first quarter of 2024, the industrial electricity rate in India saw a marginal decrease to **** U.S. dollars per kilowatt-hour. Previously, the rate had peaked at **** U.S. dollars per kilowatt-hour during the second to fourth quarters of 2023.

Tariff rate, most favored nation, weighted mean, manufactured products (%) in India was reported at 8.37 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tariff rate, most favored nation, weighted mean, manufactured products - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

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.

During the financial year 2023, the average cost of state electricity supplied in India was 7.11 Indian rupees per kilowatt-hour. Furthermore, that same year, the South Asian country was the third largest electricity producer in the world. Short-term transactions on the rise The electricity market in India has seen significant growth in short-term transactions and power exchange activity. During the fiscal year 2023, the volume of short-term electricity transactions exceeded 194 terawatt-hours, which marked a four percent increase from the previous year. During the same time, electricity transacted through power exchanges was approximately 103 terawatt-hours, the highest number ever recorded. These trends indicate a more dynamic and flexible electricity market across the country. Shift towards renewable energy In the fiscal year 2023, over 8.25 million Renewable Energy Certificates were traded on power exchanges, highlighting the country's commitment to sustainable energy sources. Moreover, India transitioned from being a net importer of electricity to a net exporter of electricity in 2023, exporting around 11 terawatt-hours. The shift shows the success of policies aimed at enhancing India's energy self-reliance and its potential as a regional power supplier.