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List of product exported from India
Posted: Jul 11, 2019
List of product exported from India
- export items from India
Due to the strategic location of India, Indian products have a wide reach in the international markets. That’s the reason why Indian exports are showing double-digit growth year by year. Half covered by land borders and another half by ocean peripheries, Indians trade all over the world including neighbouring countries like Bangladesh, China, Pakistan, Maldives, Sri Lanka and others.
In terms of mainland distribution, India exports to almost half of its total percentage (49.3%) in South Asian countries. Accompanied by European countries i.e. 19.3% and North America i.e. (18%). Also, a small share is distributed with Africa (8.3%), Latin America (2.9%) and Oceania (1.3%).
While computing Gross Domestic Product (GDP) of the previous year, the export products from India to other countries, adding services, is about to 19.1% including re-exports. Therefore, A huge chunk of foreign currency is collected through the commodity trade.
The journey of the import-export business in India had started even before independence. As only organic products were exported at that time such as agricultural products, cloth, iron, spices and others. But if we look at today’s trade potential, there is a drastic change because now we have extended its scope to export machinery, electronic products, processed food, handicrafts, garments, chemical products and others.
If we talk about the share of conventional products, it has fallen from 55% to 12% in the past half-century. And on the other side, the group of modern or manufactured products has increased from 7.6% to 25% share in the export business from the last 50 years.
Now, with a population of 1.3 billion people, India export data shows a total of $323 billion export of Indian products in 2018. This means the average export rate of the last 5 years has increased by 1.7%. Also, the export business in India has recorded a gain of 9.2% in 2018 as compared to 2017.
Leather goods, medical appliances, textile goods, various types of equipment, tea, spices, cereals, cotton, handicrafts, fruits and vegetables This will help to know within which products nations are dealing at the global level. As per the leading products in terms of exports you can decide what product you want to export.
The list of top 10 Indian products exported in the international trade, which carries the highest U.S. dollar efficacy are as follows:-
Petroleum products: $48.3 billion
Gems and Jewellery: $40.1 billion
Technical products: $20.4 billion
Automobiles: $18.2 billion
Organic chemicals: $17.7 billion
Pharmaceuticals: $14.3 billion
Machinery and equipment: $11.8 billion
Iron and steel: $10 billion
Cotton : $8.1 billion
Clothing: $8.1 billion
Know more about the list of products exported from India
All these 10 Indian export products itself accounts for more than 60% of the total global exports from India.
Proportionately, the products do contribute in the ratio as -
Petroleum products (14.9%), gems and jewellery (12.4%), technical products (6.3%), automobiles (5.6%), organic chemicals (5.5.%), pharmaceuticals (4.4%), machinery and equipment (3.6%), iron and steel (3.1%), cotton (2.5%), clothing (2.5%).
The trading market is full of potential but in order to achieve it, you need proper planning, analysis of the market, selection of product. For this, you will need to know products that are actually in foreign demand.
In order to achieve your goal in exporting, connect2India gives an end to end services to all the interested exporters.
We are a one stop source for Indian SME to export from India or Import to India. We provide end to end export import services right from arranging export order to executing the order successfully.