Merchandise Trade statistics data for India (IND) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Trade Balance The U.S. goods trade deficit with India was $20.8 billion in 2018, a 9.0% decrease ($2.1 billion) over 2017. The United States has a services trade deficit of an estimated $4.4 billion with India in 2018, down 3.7% from 2017. Trade Balance (2018) ($295,654,034,646) Exports of goods and services (% of GDP) (2018) 19.74%: Imports of goods and services (% of GDP) (2018) 23.64% It has put India's balance of trade under serious pressure. According to Commerce ministry data, the India-China bilateral trade touched $84.44 billion in 2017, in which India's deficit was $52 billion. In FY18, exports to China had risen 31 per cent to $13.33 billion while imports were up just 24.64 per cent at $76.38 billion, which increased EEPC India; Export Promotion Council for EOUs & SEZa; Project Exports Promotion Council of India (PEPC) Indias Trade; Export Import Data Bank (Annual) Export Import Data Bank (Monthly) Foreign Trade Performance Analysis (FTPA) Indias Trade . Press Release on India's foreign Trade. The current account balance of payments is a record of a country's international transactions with the rest of the world. The current account includes all the transactions (other than those in financial items) that involve economic values and occur between resident and non-resident entities. The two main destinations of exported Indian merchandises is the EU market and the USA, when the two main markets of origin are China and the EU According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37% of total trade by India in the financial year 2015-2016.
15 Apr 2019 India cut its trade deficit with China by the most in more than a decade, according to people familiar with the data, as it boosted exports amid a 21 Dec 2018 According to data available from the April-October 2018 period, India's merchandise trade deficit with China narrowed to $33.3 billion from 3 Jan 2018 outside the EU like China, India, the United States, Australia and New Zealand. UK trade with the rest of the world, imports and exports, 1999 to 2016 The downloadable data relating to this figure, UK trade deficit and 30 Aug 2017 While trade deficit should not be a grey area for India - which continues lead by crude oil and gold imports, according to a government data.
According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India The trade surplus in services trade is US$70 billion in the year 2017-18. Counting the European Union as of several countries. The percentages on these tables are based on 2017 data as shown on the CIA World Factbook. India's trade deficit widened to $15.17 billion in January of 2020 from $15.05 billion in the same month a year ago. It came well above market expectations of a India's Trade Balance recorded a deficit of 9.8 USD bn in Feb 2020, compared with a deficit of 15.2 USD bn in the previous month. India's Trade Balance data is 3 Mar 2020 In 2018, India's trade deficit amounted to around 189.69 billion U.S. dollars, a significant slump after a steady recovery towards the black since
Data are in current U.S. dollars. India trade balance for 2018 was $-101.82B , a 19.75% increase from 2017. India trade balance for 2017 was $-85.03B , a 109.8% increase from 2016. Merchandise Trade statistics data for India (IND) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Trade Balance The U.S. goods trade deficit with India was $20.8 billion in 2018, a 9.0% decrease ($2.1 billion) over 2017. The United States has a services trade deficit of an estimated $4.4 billion with India in 2018, down 3.7% from 2017. Trade Balance (2018) ($295,654,034,646) Exports of goods and services (% of GDP) (2018) 19.74%: Imports of goods and services (% of GDP) (2018) 23.64% It has put India's balance of trade under serious pressure. According to Commerce ministry data, the India-China bilateral trade touched $84.44 billion in 2017, in which India's deficit was $52 billion. In FY18, exports to China had risen 31 per cent to $13.33 billion while imports were up just 24.64 per cent at $76.38 billion, which increased EEPC India; Export Promotion Council for EOUs & SEZa; Project Exports Promotion Council of India (PEPC) Indias Trade; Export Import Data Bank (Annual) Export Import Data Bank (Monthly) Foreign Trade Performance Analysis (FTPA) Indias Trade . Press Release on India's foreign Trade.
The balance of trade data records the value of merchandise trade of India with its trading partners. The data on import and export of the Indian economy is published by the Ministry of Commerce on a monthly basis. Merchandise trade is a key indicator of the development of the economy. India’s largest trade partners include US, EU, and China. Data are in current U.S. dollars. India trade balance for 2018 was $-101.82B , a 19.75% increase from 2017. India trade balance for 2017 was $-85.03B , a 109.8% increase from 2016. India - Trade Balance Exports and imports both decrease in January. Merchandise exports decreased 1.7% in January from the same month a year earlier, similar to the 1.8% decrease in December and amounting to a total value of USD 26.0 billion.