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Foreign trade in India includes all imports and exports to and from India. At the level of the Central Government , trade is administered by the Ministry of Commerce and Industry . [ 1 ] Foreign trade accounted for 48.8% of India's GDP in 2018.
The two largest goods traded by India are mineral fuels (refined / unrefined) and gold (finished gold ware / gold metal). In the year 2013–14, mineral fuels (HS code 27) were the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. In the year 2024–2025, gold and its finished ...
List of exports 2014. The following is the list of top twenty export product categories. Data is for 2014, in millions of United States dollars, as reported by Department of Commerce, Government of India. Mineral fuels, Mineral oil S AND PRODUCTS OF THEIR DISTILLATION; BITUMINOUS SUBSTANCES; MINERAL WAXES.
Exports in million US$ Share of total exports Leading export good Year 1 Gujarat: 146,485 33.55% Petroleum products 2022/23 2 Maharashtra: 72,498 16.60% Engineering goods 2022/23 3 Tamil Nadu: 40,673 9.32% Engineering goods 2022/23 4 Karnataka: 27,884 6.39% Petroleum products 2022/23 5 Uttar Pradesh: 21,686 4.97% Electronic goods 2022/23 6 ...
Service exports refer to the cross-border sale or supply of services by residents of one country to residents of another country. Some countries have significantly high export figures relative to their economy's size (i.e. Netherlands, Singapore and UAE) due to their high amount of re-exports.
However, the global economic slump followed by a general deceleration in world trade saw the exports as a percentage of imports drop to 61.4% in 2008–09. [366] India's growing oil import bill is seen as the main driver behind the large current account deficit, [367] which rose to $118.7 billion, or 11.11% of GDP, in 2008–09. [368]
Imports from countries with which India has FTAs will be 38% higher this year than in 2019, according to research by the think tank GTRI. If that pattern was repeated, the value of U.K. exports to ...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and services.