Top 10 Export and Import Commodities of India!

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India is one of the fastest growing economies in the world and plays a significant role in international trade. As one of the largest economies, India exports and imports a variety of commodities that support its growth and development. 

This article will discuss India's major export commodities as well as an overview of the country's import commodities, including the main destination countries for trade. So, read this article until the end!

India's Export Commodities

India has a variety of export commodities that contribute greatly to its economy. Some of India's major export commodities and their destination countries include:

  1. Electronics India's electronics industry has seen rapid growth in recent years. Electronic products such as mobile phones, electronic components and computer hardware form a significant part of India's exports, with major destinations being the United States, the United Arab Emirates and Germany.
  2. Rubber and Rubber Products India is one of the largest producers of rubber in the world. Rubber products such as tires, hoses and other rubber goods are exported to various countries including the United States, Japan and Germany.
  3. Rubber and Rubber Products India is one of the largest producers of rubber in the world. Rubber products such as tires, hoses and other rubber goods are exported to various countries including the United States, Japan and Germany.
  4. Forest Products Production Forest products such as wood, paper and other wood-based products form part of India's exports. This industry is important for supporting sustainable development and rural economy, with the main destinations being the United States, China and the European Union.
  5. Footwear India is one of the largest footwear producers in the world. Shoes, sandals and other footwear are exported to various international markets, including the United States, the United Kingdom and Germany.
  6. Shrimp is one of India's major export commodities in the fisheries sector. Indian shrimp is known for its high quality and is exported to many countries, especially the United States, the European Union and Japan.
  7. Indian coffee, especially Arabica and Robusta varieties, is highly valued in the international market. Indian coffee exports have increased rapidly, with high demand from countries around the world, such as the United States, Italy and Germany.

Read Also: Cost of Living in India Monthly Breakdown

India Import Commodities

In addition to being a major exporter, India also imports a variety of commodities to support its domestic needs and economic growth. Some of India's major import commodities include:

  1. Crude Oil India is one of the world's largest importers of crude oil. Crude oil is essential to meet the country's energy needs and support its oil and gas industry, with major sources being Saudi Arabia, Iraq and the United Arab Emirates.
  2. Gold India is one of the world's largest consumers of gold. Gold is imported to meet high domestic demand, especially for jewellery and investment, with major countries of origin being Switzerland, the United Arab Emirates and South Africa.
  3. Machinery and Equipment Machinery and equipment, including industrial machinery, electrical equipment, and agricultural machinery, are imported to support the industrialization and modernization of various economic sectors, with major countries of origin being China, Germany, and Japan.
  4. Chemicals and chemical products, including fertilizers, pharmaceuticals and industrial chemicals, are imported to support various industrial sectors in India, with major countries of origin being China, the United States and Germany.
  5. Telecom Equipment With the rapid growth of the telecom sector, India imports a large number of telecom equipment such as antennas, routers and other communication devices, with major countries of origin being China, the United States and South Korea.

Read Also: 10 Main Indonesian Import Commodities and Their Countries of Origin

India plays a vital role in international trade with a wide range of exports and imports supporting its economic growth. From electronics to forest products, and from crude oil to gold, India’s trade picture reflects the needs and potential of this growing economy. 

By understanding India's major export and import commodities, we can see more clearly how the country contributes to the global economy and how trade helps shape India's future.

With Easylink you can send money to india for import needs easier and of course safer.

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Amanda Kayla Alika
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