Top 100 Products for Export from India in 2023
In 2020 India was the number 6 economy in the world in terms of GDP (current US$), the number 18 in total exports, the number 12 in total imports. In 2021 India exported US$394.8 billion worth of goods around the globe in 2021, up by 33.4% increase since 2017 and accelerating by 43.3% from 2020 to 2021.
In May 2022 India exported $39B and imported $63.2B, resulting in a negative trade balance of $24.2B. Between May 2021 and May 2022 the exports of India have increased by $7.01B (21.9%) from $32B to $39B, while imports increased by $25B (65.4%) from $38.2B to $63.2B.. India is a relatively small player in international trade. The value of India’s exports represent 1.8% of total world exports of $21.513 trillion for 2021.
In 2020 The top exports of India are Refined Petroleum ($25.3B), Packaged Medicaments ($17.8B), Diamonds ($16B), Rice ($8.21B), and Jewellery ($7.57B), exporting…