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.

India Imports from United States was US$38.99 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Imports from United States - data, historical chart and statistics - was last updated on September of 2025.

The largest portion of India's imports originated from China, representing more than 15 percent of the total imports in the financial year 2024, with Russia following at over nine percent. Conversely, during the same period, India's primary exports were directed towards the United States. India’s import mix India's imports encompass a wide range of goods, with some key commodities dominating the landscape. Among these critical imports are crude oil, gold, and petroleum products. Crude oil, constituting approximately 20 percent of total imports, is critical due to the nation’s reliance on energy sources. In addition, India, as a major textile producer, has witnessed a significant rise in textile imports over the years to meet the diverse consumer and industrial demands. Trade balance In the recent past, the country experienced a notable change in its trade balance-to-GDP ratio. This ratio, which reflects the relationship between the country's trade activities and the size of its economy, saw a significant decrease of 8.5 percent in fiscal year 2023. In other words, the country was importing more goods and services than it was exporting during the period.

Graph and download economic data for International Trade: Ratio: Exports to Imports: Total for India (XTEITT01INA156N) from 1990 to 2022 about ratio, India, imports, exports, and trade.

India's total Imports in 2024 were valued at US$697.75 Billion, according to the United Nations COMTRADE database on international trade. India's main import partners were: China, Russia and the United Arab Emirates. The top three import commodities were: Mineral fuels, oils, distillation products; Pearls, precious stones, metals, coins and Electrical, electronic equipment. Total Exports were valued at US$434.44 Billion. In 2024, India had a trade deficit of US$263.31 Billion.

Crude petroleum was the most imported commodity into India, at about 21 percent in fiscal year 2024. Gold came in second at around six percent, an increase of over 30 percent compared to the previous year.

The statistic shows the value of exports of goods from India from 2014 to 2024. In 2024, goods with a value of around ***** billion U.S. dollars were exported from India. Trade and economy in India Being one of the BRICS countries, India is one of the leading emerging market countries worldwide, and one of the fastest-growing economies. It is the world's most populous country. As for India’s economy, the country has been reporting a promising development of key figures over the last few years: Gross domestic product / gdp in India has been increasing significantly, while inflation in India and other indicators, such as the country’s unemployment rate, have been more or less stable. India is also among the countries with the largest gross domestic product / gdp and among those with the highest gross domestic product growth. The majority of India’s labor force works in agriculture – the industrial and the services sector both make up about ** percent each of the country’s economy. India’s main export partners are the United Arab Emirates, the United States and China; the country’s leading exports include textile goods, software, and petroleum products. As for imports, India mainly imports crude oil, chemicals, and machinery, again, from China, the United States, and the United Arab Emirates, among others.

United States Imports from India was US$91.23 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from India - data, historical chart and statistics - was last updated on September of 2025.

In financial year 2024, India's exports to the United States amounted to around ** billion U.S. dollars, while imports accounted for over ** billion dollars. However, the value of imports and exports between India and its largest trading partner, the United States, has decreased compared to the previous year.

Key information about India Total Exports to USA

• India Total Exports to USA recorded 7.017 USD bn in Dec 2024, compared with 5.706 USD bn in the previous Nov 2024
• India Total Exports to USA data is updated monthly, available from Nov 1979 to Dec 2024, with an averaged value of 812.170 USD mn
• The data reached an all-time high of 7.745 USD bn in Mar 2022 and a record low of 44.690 USD mn in Nov 1979

CEIC converts monthly Total Exports to USA into USD. The Ministry of Commerce and Industry provides Total exports to USA in local currency. The Federal Reserve Board average market exchange rate is used for currency conversions. Total Exports to USA prior to March 1992 is sourced from the International Monetary Fund.

China accounted for an average of ** percent in imports supporting select industries in India in financial year 2019. Electrical machinery and equipment accounted for the highest in that time period at ** percent. Plastics, on the other hand acquired ** percent of imports from China that year. India depended on China for a variety of products spread across multiple industries.

Trade relationship between India and China

The trade relationship between the two major global economies started a few decades ago. However, India has had an unfavorable trade balance with China as the trade deficit gap has widened over the years. The Indian food product imports has struggled and it is evident in its decreased value since 2008. In 2019, China was India’s leading import partner. For the same year, China was also the second leading export partner of India.

India’s export value

India exported a variety of products to a long list of countries in the world. In 2019, engineering goods valued at more than ************* Indian rupees was the leading commodity exported by India. The economic slowdown in 2019 and the current lockdown during the coronavirus (COVID-19) pandemic has affected industrial production across all sectors. Following this, the country's exports saw a drastic decline in various products.

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.

In fiscal year 2024, the estimated ratio of India's total exports and imports of goods to the GDP stood at about ** percent. This was a decrease as compared to the previous fiscal year, when the ratio of India's total exports and imports of goods to the GDP was ** percent.

Petroleum products accounted for the highest share in Indian exports in fiscal year 2024 at over 19 percent. Drug formulations and gold were the other important commodities of trade for the South Asian country. Indian exports decreased by three percent during that fiscal year.

The main import partners for India in 2023 were China, accounting for 19 percent of all imports, followed by Russia.

The highest value of imports in India came from China valued at around *** billion U.S. dollars in fiscal year 2024. This was followed by Russia with an import value of about ** billion U.S. dollars during the same year.

The data set contains the total annual value of Top-10 import commodities from Russia. The information is obtained from Department of Commerce's Export Import Data bank

This vast repository houses crucial information on international trade transactions, capturing the intricate details of both export and import activities of India. The Export Database contains meticulous records of outbound shipments, offering valuable insights into the products, exporters, and destinations involved in each transaction. On the other hand, the Import Database provides a comprehensive view of inbound shipments, shedding light on the importers, origins, and details of the products acquired. Together, these two databases present a holistic perspective on global trade dynamics, encompassing critical metadata such as dates, product descriptions, quantities, values, and transportation specifics. Whether you are an analyst, researcher, or business professional, this comprehensive database will undoubtedly prove to be an invaluable resource for gaining a deep understanding of international trade patterns and market dynamics. Explore the wealth of information within and unlock new opportunities in the world of trade and commerce. The Export Database contains information related to export transactions. Each entry in the database represents a specific export event. The metadata fields in this database hold crucial details about the exported products and the transaction itself. The "DATE" field indicates the date of the export. "EXPORTER NAME" refers to the name of the entity or company responsible for exporting the goods. "DESTINATION COUNTRY" indicates the country to which the products are being shipped. The "HS CODE" represents the Harmonized System code, a standardized numerical system used to classify traded products. The "PRODUCT DESCRIPTION" field provides a brief description of the exported item. The "BRAND" field specifies the brand associated with the product. "QUANTITY" indicates the total quantity of the product being exported, and "UNIT OF QUANTITY" represents the measurement unit used for quantity. "SUBITEM QUANTITY" refers to the quantity of a subitem within the main exported product. The "PACKAGES" field indicates the number of packages used for shipment. "GROSS WEIGHT" represents the total weight of the exported products. "SUBITEM FOB VALUE" and "TOTAL FOB VALUE" denote the Free on Board (FOB) value of the subitem and the total FOB value of the export, respectively. "TOTAL CIF VALUE" indicates the total cost, insurance, and freight value. "ITEM NUMBER" is a unique identifier for each product item. "TRANSPORT TYPE" specifies the mode of transportation used for the export. "INCOTERMS" refers to the standardized international trade terms defining the responsibilities of buyers and sellers during transportation. "CUSTOMS" indicates the customs information related to the export. "VARIETY" and "ATTRIBUTES" hold additional details about the product. The "OPERATION TYPE" field indicates the type of export operation, such as direct export or re-export. "MONTH" and "YEAR" represent the month and year when the export occurred. The Import Database contains information related to import transactions. Each entry in the database represents a specific import event. The metadata fields in this database hold crucial details about the imported products and the transaction itself. The "DATE" field indicates the date of the import. "IMPORTER NAME" refers to the name of the entity or company responsible for importing the goods. "SALES COUNTRY" indicates the country from which the products are being purchased. "ORIGIN COUNTRY" denotes the country where the imported products originate. The "HS CODE" represents the Harmonized System code, a standardized numerical system used to classify traded products. The "PRODUCT DESCRIPTION" field provides a brief description of the imported item. "QUANTITY" indicates the total quantity of the product being imported, and "UNIT OF QUANTITY" represents the measurement unit used for quantity. "SUBITEM QUANTITY" refers to the quantity of a subitem within the main imported product. The "PACKAGES" field indicates the number of packages used for shipment. "GROSS WEIGHT" represents the total weight of the imported products. "TOTAL CIF VALUE" indicates the total cost, insurance, and freight value. "TOTAL FREIGHT VALUE" and "TOTAL INSURANCE VALUE" represent the respective values for freight and insurance. "ITEM FOB VALUE," "SUBITEM FOB VALUE," and "ITEM CIF VALUE" denote the Free on Board (FOB) value of the item, subitem, and the cost, insurance, and freight value of the item, respectively. "ORIGIN PORT" specifies the port from which the products were shipped. "TRANSPORT TYPE" specifies the mode of transportation used for the import. "INCOTERMS" refers to the standardized international trade terms defining the responsibilities of buyers and sellers during transportation. "ITEM NUMBER" is a unique identifier for each product item. "CUSTOMS" indicates the customs information related to the import. "OPERATION TYPE" field indicates the type of import operation, such as direct import...

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.

Key information about India Total Exports

• India Total Exports recorded 36.4 USD bn in Jan 2025, compared with 38.0 USD bn in the previous month
• India Total Exports data is updated monthly, available from Apr 1990 to Jan 2025, with an averaged value of 12.4 USD bn
• The data reached an all-time high of 44.6 USD bn in Mar 2022 and a record low of 1.3 USD bn in Jun 1991

The Ministry of Commerce and Industry provides monthly Total Exports, FOB, in USD. [COVID-19-IMPACT]


Further information about India Total Exports

• In the latest reports, India Total Exports grew 1.3 % YoY in Jan 2025
• Total Imports recorded 59.4 USD bn in Jan 2025, which registered an increase of 14.5 % year on year
• India Trade Balance recorded a deficit of 23.0 USD bn in Jan 2025