Import-export trade data that we provide on India contains all essential details related to Indian trade including all the strategies and statistics that are being used by big Indian merchants.
Some of the major fields that are covered in India import-export data are Products Descriptions, Mode of Transport, Importer & Exporter Name, Address of Importer & Exporter, Port Name, Date, Shipment & Consignment Details, Rates-Value-Unit & Quantity, Foreign Country, etc.
To ensure that the India Custom Export Data that we provide is 100% authentic, accurate & reliable, we source raw data from various legitimate authorized import-export custom departments such as Indian Customs Departments, Port Authorities, Government Bodies, Shipping & Logistics Companies, Trade Associations, and some other authoritative sources of links.
Total Import-Export Value of India According To India Import-Export Data 2020
Given below total import value of India is based on India Import data yearwise:
● The total import value of India in 2017 was $582.02 billion, an increase of 21.21% from 2016.
● The total import value of India in 2018 was $639.01 billion, an increase of 9.79% from 2017.
● The total import value of India in 2019 was $601.58 billion, a decline of 5.86% from 2018.
● The total import value of India in 2020 was $482.45 billion, a decline of 19.8% from 2019.
Export
Given below total export value of India is based on India Export data yearwise:
● The total export value of India in 2017 was $498.26 billion, an increase of 13.33% from 2016.
● The total export value of India in 2018 was $538.64 billion, an increase of 8.1% from 2017.
● The total export value of India in 2019 was $529.02 billion, a decline of 1.79% from 2018.
● The total export value of India in 2020 was $474.15 billion, a decline of 10.37% from 2019.
Trade Balance
● The trade balance of India for 2017 was $-83.76 billion, an increase of 106.68% from 2016.
● The trade balance of India for 2018 was $-100.38 billion, an increase of 19.84% from 2017.
● The trade balance of India for 2019 was $-72.57 billion, a decline of 27.71% from 2018.
● The trade balance of India for 2020 was $-8.31 billion, a decline of 88.55% from 2019.
What Are The Main Imports & Exports Of India 2020?
Imports
Mineral Oils & Fuels $104.4 billion (28.4%), Precious Metal & Gems $41 billion (11.2%), Electrical Machinery & Equipment $42.9 billion (11.7%), Organic Chemicals $18.2 billion (4.9%), Electronics & Computers $35.2 billion (9.6%), Fertilizers $7.2 billion (2%), Steel & Iron $7.6 billion (2.1%), Plastics & Articles of Plastics $12 billion (3.3%), Technical, Optical & Medical Apparatus $8.2 billion (2.2%), and Animal-Vegetable Oils, Fats & Waxes $10.6 billion (2.9).
Exports
Cereals $8.7 billion (3.1%), Steel & Iron $10.6 billion (3.9%), Plastics & Articles of Plastics $6.6 billion (2.4%), Electrical Machinery & Equipment $13.5 billion (4.9%), Pharmaceuticals $18.4 billion (6.7%), Machinery & Computers $18 billion (6.5%), Vehicles $13 billion (4.7%), Mineral Oils & Fuels $27.6 billion (10%), Organic Chemicals $17.4 billion (6.3%), and Precious Metals & Gems $24.5 billion (8.9%).
Mentioned above were the major imports and exports of India according to the India import-export data 2020.
The custom import-export trade data we provide help you evaluate the real-time overall trade activities of the various foreign countries across the globe.
For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.
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