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Indian Economy A Few Facts: At A Glance (FOREIGN TRADE)

  2015-16 2016-17
Exports 261·14 274·645
Imports 379·50 380·368
Trade Balance – 118·46 105·723

 

Establishment of First Trade Point in India New Delhi (August 16, 1994)
Commodity with Highest Share in Total Export Value (2015-16) Gems and Jewellery 15·08%
Country with Highest Foreign Trade with India (2015-16) China
% Share of Indian exports in total world exports (2015) 1·62%
India’s share in world imports (2015) 2·3%
WTO Profile India (2015) :  
Merchandise Export (f.o.b.) $ 267·147 billion
Merchandise Import (c.i.f.) $ 395·977 billion

 

Rank in World Trade    
-2015 Exports Imports
Merchandise 19th 13th
Commercial Services 8th 10th
Trade in Commercial  Services $ 155·288 billion $ 122·225 billion

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