India - Trade Balance Presentation

India- Trade Balance. Indian Trade Balance. Top 10 Exports. Indian Top 10 Imports. India’s Top Imports. Indian Trade Partners. Trade Environment in India. - Socio-economic. Socio-economic. Legal- political factors. Technological factors. The main costs of resources. Conditions of doing business in India.

India has a trade deficit since 1980 mainly due to the strong imports growth Highest trade deficits in recent years: with China, Switzerland, Saudi Arabia, Iraq and Indonesia. India has a trade surplus with US, United Arab Emirates, UK and Vietnam. On the 9th of May in 2018, it was reported that India’s trade deficit widened to its highest in more than 5 years driven largely by a surge in oil prices and a weaker rupee.

Gems, precious metals: US$42.6 billion (14.4% of total exports) Mineral fuels including oil: $35.9 billion (12.1%) Machinery including computers: $16.7 billion (5.6%) Vehicles: $16.2 billion (5.5%) Organic chemicals: $13.6 billion (4.6%) Pharmaceuticals: $12.9 billion (4.4%) Iron, steel: $11.7 billion (4%) Clothing, accessories (not knit or crochet): $9 billion (3%) Electrical machinery, equipment: $8.8 billion (3%) Knit or crochet clothing, accessories: $8.3 billion (2.8%).

Mineral fuels including oil: US$123 billion (27.7% of total imports) Gems, precious metals: $74.4 billion (16.7%) Electrical machinery, equipment: $46.9 billion (10.6%) Machinery including computers: $36 billion (8.1%) Organic chemicals: $18 billion (4%) Plastics, plastic articles: $13 billion (2.9%) Animal/vegetable fats, oils, waxes: $11.9 billion (2.7%) Iron, steel: $10 billion (2.2%) Optical, technical, medical apparatus: $8.4 billion (1.9%) Ores, slag, ash: $5.9 billion (1.3%).