Current Export Strength and Market

Overall exports (goods and services) reached USD 778.2 billion. India's rank in world merchandise exporters improved from 19th to 17th, with a marginal increase in share from 1.70% in 2014 to 1.82% in 2023.

During the last five reported years the exports of India have changed by $159B from $309B in 2017 to $468B in 2022. The most recent exports are led by Refined Petroleum ($86.2B), Diamonds ($25.9B), Packaged Medicaments ($19.5B), Jewellery ($12.6B), and Rice ($11.1B).

The most common destination for the exports of India are United States ($82.9B), United Arab Emirates ($31.6B), Netherlands ($17.6B), China ($15.3B), and Bangladesh ($13.8B).

Top 10 Exported Items from India

  • 1. Leather and Its Products. India's leather industry is thriving, supplying bags, shoes, and jackets worldwide.
  • 2. Petroleum Products.
  • 3. Gems and Jewellery.
  • 4. Automobiles and Equipment.
  • 5. Pharmaceutical Products.
  • 6. Electronic Goods.
  • 7. Dairy Products.
  • 8. Handloom and Cotton Yarns.
  • 9. Textile & Apparel.
  • 10. Cereal
  • Petroleum products are considered India's top export products, making up around 10% of total export value and contributing to global economic growth. This industry's USD 15.5 billion export value highlights its importance in the global marketplace.