India’s strategic location near highly populated trading partners like China, Pakistan, and Bangladesh make an ideal scenario for the country to export goods and services. In this read, we will cover the top 11 exports from India by value and the biggest importers the country trades with. The latest statistics for 2021 show that importers bought 53.9 of products exported from India in the United States of America, UAE, Mainland China, Bangladesh, Hong Kong, Singapore, United Kingdom, Netherlands, Germany, Nepal, Belgium and Saudi Arabia.
From a perspective of continents, 45.6 of India’s exports by value were delivered to fellow Asian countries, while 20.1 were sold to North American importers. India shipped another 19.2 worth of goods to Europe.
Given India’s population of 1.392 billion people, its total of $394.8 billion in 2021 exported products translates to roughly $300 for every resident in the vast South Asian nation. That dollar metric significantly increased from an average of $200 per capita in 2020.
The list of products exported from India includes below. The percentage share that these Indian exports represent is in terms of overall exports from India.
- Ready-made garments: 45.3
- Petroleum Products: 14.3
- Gems & Jewellery: 9.7
- Machinery: 6.1
- Iron, steel: 5.4
- Organic chemicals: 5.4
- Pharmaceuticals: 4.9
- Vehicles: 4.8
- Electrical machinery, equipment: 4.8
- Cereals: 3.1
- Cotton: 2.5
- Petroleum Products: The export sector of India is greatly aided by oil-based products and giant crude oil companies like Bharat Petroleum, Reliance Petroleum, ONGC and more.
- Gems & Jewellery: Jewellery can be defined as gemstones, gold and other similar materials. India accounts for about 20 of global gold production.
- Machinery: There has been a 10.5 increase in the export of heavy machinery from India in 2021. These include cars, pumps, heavy machines and more.
- Iron, steel: Before Independence, India was largely dependent on iron and steel. However, the radical increase in industrial growth has enabled the country to be the fourth largest steel producer.
- Organic chemicals: This sector contributes largely to the national economy and is a huge part of it.
- Pharmaceuticals: Being a research-based industry, the pharmaceuticals sector in India has seen huge growth over the past few decades.
- Vehicles: Being one of the largest steel producers in the world, India invests largely in the automobile sector.
- Electrical machinery: India has the third-largest pool of electronic engineers and scientists. The domestic demand for electronic goods has propelled the industry to grow by leaps and bounds.
- Cereals: India is one of the leading exporters of cereals and the second-largest producer of rice. Being an agriculture-driven country, India depends largely on its exports of cereals.
- Cotton: India is the second-largest cotton-producing country growing 23 of the world’s cotton. It also has the largest area under cotton cultivation.
- Ready-made garments: Textiles are the trump card for India. The country is a large producer of jute and owns about 63 of the global share of textile exports.
Expora provides services to a majority of the export categories mentioned above. We provide assistance to your export and import requirements by building a network of global hubs to enhance international trade with a tech-first approach.
- Gems & Jewellery: This comprises various types like diamond-studded jewellery, plain gold jewellery, antique gold jewellery and platinum jewellery.
- Fashion & Textiles: Entire gamut of Knits & woven across different segments of fabrics & apparel.
Agro & Food: Wide range of commodities & brands across packaged and branded food, spices, nuts & seeds, herbs & seasonings and more.
EXPORA is creating new trade linkages through our in-house curated global marketplace. We are addressing supplier challenges like new demand generation, increased global exposure, and an extended export arm.
If you want to enter India’s export industry, this is the right time. With the ever-growing demand, and evolving technology, you can make a lasting impression if you have the right product. EXPORA helps you achieve your dream of import and export with its growing network of global hubs built to grow and simplify global trade.
