India is the 16th largest export economy in the world and the 49th most complex economy according to the Economic Complexity Index (ECI). In 2015, India exported $276B and imported $368B, resulting in a negative trade balance of $92.6B. In 2015 the GDP of India was $2.1T and its GDP per capita was $6.1k.

The top exports of India are Refined Petroleum ($29.2B), Diamonds ($23.2B), Packaged Medicaments ($13.4B), Jewellery ($9.2B) and Rice ($6.55B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($64.6B), Gold ($35.4B), Diamonds ($17.2B), Coal Briquettes ($13.9B) and Petroleum Gas ($11.7B).

The top export destinations of India are the United States ($44.1B), the United Arab Emirates ($30B), China ($12B), Hong Kong ($11.4B) and the United Kingdom ($9.2B). The top import origins are China ($59B), Switzerland ($21.5B), the United States ($20B), Saudi Arabia ($19.9B) and the United Arab Emirates ($19.4B).

India borders Afghanistan, Bangladesh, Bhutan, China, Burma, Nepal and Pakistan by land and Indonesia, Sri Lanka, Maldives and Thailand by sea.

Economic Complexity of India

More on India from our other sites