OVERVIEW
In 2019 India was the number 5 economy in the world in terms of GDP (current US$), the number 15 in total exports, the number 11 in total imports, the number 142 economy in terms of GDP per capita (current US$) and the number 44 most complex economy according to the Economic Complexity Index (ECI).
EXPORTS
The top exports of India are Refined Petroleum ($39.2B), Diamonds ($22.5B), Packaged Medicaments ($15.8B), Jewellery ($14.1B), and Cars ($7.15B), exporting mostly to United States ($55.3B), United Arab Emirates ($28.6B), China ($17.4B), Hong Kong ($11.5B), and Singapore ($9.53B).
In 2019, India was the world’s biggest exporter of Diamonds ($22.5B), Jewellery ($14.1B), Rice ($6.9B), Crustaceans ($4.67B), and Non-Retail Pure Cotton Yarn ($2.86B)
IMPORTS
The top imports of India are Crude Petroleum ($92.7B), Gold ($33.8B), Coal Briquettes ($24.9B), Diamonds ($21.4B), and Petroleum Gas ($16.4B), importing mostly from China ($72.6B), United States ($33.7B), United Arab Emirates ($26.8B), Saudi Arabia ($25.1B), and Iraq ($19.8B).
In 2019, India was the world’s biggest importer of Coal Briquettes ($24.9B), Diamonds ($21.4B), Palm Oil ($4.85B), Nitrogenous Fertilizers ($2.71B), and Soybean Oil ($2.39B)
LOCATION
India borders Afghanistan, Bangladesh, Bhutan, Myanmar, China, Nepal, and Pakistan by land and Indonesia, Maldives, Sri Lanka, and Thailand by sea.