In 2018, India’s most valuable exported products were processed as petroleum oils, unmounted diamonds, medication mixes in dosage, jewellery, rice, cars, automobile parts or accessories, crustaceans including lobsters, cyclic hydrocarbons then predominantly cotton yarn.
India, the subcontinent exported US$323.1 billion worth of goods around the globe in 2018 up by 9.2% gain from 2017 to 2018.
From a continental perspective, almost half (49.3%) of Indian exports by value in 2018 were delivered to fellow Asian countries. Another 19.3% was sold to European importers while 18% went to North America. Smaller percentages went to Africa (8.3%), Latin America (2.9%) excluding Mexico but including the Caribbean, then Oceania (1.3%) led by Australia.
Given India’s population of 1.297 billion people, its total $323.1 billion in 2018 exported products translates to roughly $250 for every resident in the vast South Asian country.
The following export product groups categorize the highest dollar value in Indian global shipments during 2018. Also shown is the percentage share each export category represents in terms of overall exports from India.
Mineral fuels including oil
Gems, precious metals
Machinery including computers
Electrical machinery, equipment
Clothing, accessories (not knit or crochet)
India’s top 10 exports accounted for just over three-fifths (61%) of the overall value of its global shipments.
Mineral fuels including oil were the fastest growing among the top 10 export categories, up 34.5% from 2017 to 2017. Notably, exports of Indian refined petroleum oils and electrical energy were behind this acceleration.
Close behind in second place for improving, Indian export sales were electrical machinery and equipment which gained 33.9%.
India’s shipments of organic chemicals recorded the third-fastest gain in value up 30.7% year over year, ahead of the 22.5% sales expansion for the machinery including computers category.