What are India’s major imports and exports?

Rank Export Product Import Product
1 Refined Petroleum Crude Petroleum
2 Packaged Medicaments Gold
3 Jewellery Petroleum Gas
4 Rice Diamonds

What are the major imports of India?

India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic …

What are India’s main exports?

Top 10

  • Mineral fuels including oil: US$27.6 billion (10% of total exports)
  • Gems, precious metals: $24.5 billion (8.9%)
  • Pharmaceuticals: $18.4 billion (6.7%)
  • Machinery including computers: $18 billion (6.5%)
  • Organic chemicals: $17.4 billion (6.3%)
  • Electrical machinery, equipment: $13.5 billion (4.9%)

What does India export to USA?

The top export categories (2-digit HS) in 2019 were: mineral fuels ($8.2 billion), precious metal and stone (diamonds) ($6.4 billion), aircraft ($2.8 billion), machinery ($2.4 billion), and organic chemicals ($1.9 billion).

Which country exports the most?

Top Export Countries

Rank Country 2020 Export Sales (US$)
1. China $2,590,607,686,000
2. United States $1,431,406,392,000
3. Germany $1,377,863,429,000
4. Japan $640,953,137,000
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Which fruit is most exported from India?

Apples: In terms of production and quality apples is India’s top export worthy product. The countries importing apples with fastest-growing market for apples are Vietnam, Indonesia, and Hong Kong. Pomegranates: India is one of the largest pomegranate producers in the world.

Which country is best for export from India?

TOP 25 Export Destination

1. USA 2. China 3. UAE
7. United Kingdom 8. Germany 9. Nepal

Which country has maximum foreign trade with India?

Largest trading partners with India

Rank Country Total Trade
1 United States 92.0
2 China 81.87
3 United Arab Emirates 59.03
4 Saudi Arabia 26.71

What is India the largest exporter of?

India broke into the top 10 list of agricultural produce exporters in 2019 with a sizeable share in the export of rice, cotton, soya beans and meat, according to a World Trade Organization (WTO) report on the trends in world agricultural trade in the past 25 years.

Does India import more than export?

India All Products Exports and Imports

India services export is 214,761,539,670.90 in BoP, current US$ and services import is 130,535,200,230.31 in Bop, current US$. India exports of goods and services as percentage of GDP is 18.43% and imports of goods and services as percentage of GDP is 20.96%.

What is India famous for producing?

India is the world’s largest producer of milk, pulses and jute, and ranks as the second largest producer of rice, wheat, sugarcane, groundnut, vegetables, fruit and cotton. It is also one of the leading producers of spices, fish, poultry, livestock and plantation crops.

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Which export business is best?

So after comprehensive research, I have identified the list of best export businesses in India.

  • Vegetable Export: …
  • Clothing. …
  • Beauty Products. …
  • Seafood Export. …
  • Meat Exports. …
  • Machinery Export Business. …
  • Chemical Exports. …
  • Petroleum Products.

What is the best thing to export from India?

Below are 7 of the top exported products of India.

  • Refined petroleum. Among the top exported products of India, the petroleum industry of India is a major source of income from the export market. …
  • Precious stones and Gems. …
  • Mineral fuels. …
  • Cars. …
  • Mechanical equipment. …
  • Organic Chemicals. …
  • Pharmaceutical products.