As we see in the present Time India is leading the 5th rank in the world in terms of Economy and become the top favorite import-export hub throughout the world.
Many other countries’ importers & Exporters think that India is the best place where they can get the maximum profit from trading.
According to the most recent Indian Import Data, India ultimately maintained its third-most significant economic position in the world in terms of the greatest purchase power parity,
As per the data, the top imported products of India are “Natural gas, condensates” who have generated a total value of $85.67 Billion US Dollars in the year 2021. And the top exported products are “Plated Or Coated With Aluminium-Zinc Alloys” which have generated a total value of $32.65 Billion US Dollars in the year 2021.
In this article, we will give you the information on which product is imported & Exported the most in India and who are major import-export-trading partners of India.
Which product does India Import the most?
If we talk about the top import products of India then we can see that India imports a variety of goods to meet the needs of its market due to its significant economic diversity.
Indian Importers doing their level best in the import sector just to increase their country’s economy. As of now, we will only concentrate on India’s main imports for the time being, which are mentioned below.
Top Import Products | Total USD Value | Overall percentage |
Natural, gas, condensates | $85.89 Billion | 15.44% |
Gold in the unwrought form | $30.23 Billion | 5.43% |
Petroleum Oils and oils obtained from bituminous minerals | $24.07 Billion | 4.33% |
Non-industrial diamonds unworked or simply sawn, cleaved or bruted | $17.01 Billion | 3.06% |
Crude Oil | $13.74 Billion | 2.47% |
Coking Oil | $10.97 Billion | 1.97% |
Steam Oil | $9.90 Billion | 1.78% |
Liquified: Natural Gas | $9.44 Billion | 1.70% |
Processors And Controllers | $7.51 Billion | 1.35% |
Diamond, Cut Or Otherwise Worked But Not Mounted Or Set | $7.09 Billion | 1.27% |
These are the top 10 import products of India who have generated the most profit and become helpful for the Indian economy.
What are the most significant export products of India?
If we are talking about the top export product of India then you have to know that India is a very diversified nation and because of its diversity, India is producing lots of precious things which have a huge demand in the international trade market.
Indian Importers sell their own countries’ goods & services at a very huge price and generated a remarkable amount which helps the country to grow in the import-export sector
We are presenting you the list of top 10 export products of India which are written below –
Top Export Products | Total USD Value | Overall Percentage |
Plated Or Coated With Aluminium-Zinc Alloys | $32.67 Billion | 8.66% |
Diamond, Cut Or Otherwise Worked But Not Mounted Or Set | $21.53 Billion | 5.71% |
Medicaments | $6.51 Billion | 1.73% |
Mobile Phones | $5.45 Billion | 1.45% |
Frozen deepwater rose shrimps | $4.82 Billion | 1.28% |
Basmati Rice | $4.26 Billion | 1.13% |
Automotive diesel fuel not containing biodiesel | $4.01 Billion | 1.06% |
Buffalo Meat | $3.17 Billion | 0.84% |
Aluminium, not alloyed: Ingots | $3.16 Billion | 0.84% |
Indian pieces of cotton of staple | $3.08 Billion | 0.82% |
These are the top 10 export products of India who contributed their contribution in the Indian economy and help India to reach the 5th rank in the world as the largest economy
Who is the major import-export-trading partner of India Country-wise?
We see above that India is importing & exporting lots of goods & services which helps India to build a strong import-export-trading tie-up with different countries.
If we talk about the top import trading partner of India then no doubt It will be “china” whose product is imported the most in India and they participate an overall 18% in the import process of India. Or in terms of exporting, the top export trading partner of India is “The United States of America” where Indian products are exported the most and participated an overall 16% in the Indian economy
These are the top import-export-trading partners of India if want to know more about the Indian Import-export sector then visit Exim Trade Data official website.
Conclusion – In the article, we will give you enough information about which import and export products are on the top and generating a huge amount also we will give you the largest import-export-trading partner name. If you still have any queries and want to learn more then click on the link Exim Trade Data and obtain the sample data of the Indian Import-export sector.
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