The Secret of TOP 10 EXPORT DESTINATIONS FOR INDIAN EXPORTERS
India is one of the largest exporter countries for many products in the world. This is an interesting fact to know, India`s exports to the world in 2018 were $323 billion while the exports of the world to the world were $19284 billion, measured as 1.67% of total world exports. The 1.67% shares in the total world exports are considered a sizable and decent export.
Let us check some facts for the last 5 years for world export as shown in the chart;
World export with some fluctuations seems to be stable and consistent in performance, it was down in 2015 and 2016 but it had gained in 2017 as well as in 2018 and it continues.
India`s export was down in 2015 and 2016 as we saw in the world export but it had gained in 2017 and 2018.
India`s exports compared to the world exports are declined since the world export has performed bit good in 2018 but the performance of India`s export was not at the same pace and it was down by 0.1% in 2018 as you can find the difference in the graph; 1.69% in 2017 and 1.68% in 2018.
Now let us discuss 10 major countries that are importing the most from India.
Exports from India to USA
India is a good partner of the United States of America in exports. Many products from India are being exported to the USA. A question arises in our mind that why America imports various products from India although it can import from another country. The answer to this question is exported from India to the USA are made due to the main two reason;
- Quality products
- Reasonable prices
India has earned its name and won the trust of America due to the good quality of products. The right prices and good rates attract the American importers to meet their import needs as much they can do from India.
The top products exported from India to the USA you must know are;
- Diamonds and jewelry
- Pharmaceutical products
- Machinery
- Mineral fuels
- Vehicles
- apparel and clothing accessories
- Fish and crustaceans
- Organic chemicals
- Electrical machinery and equipment
- iron or steel
- Carpets
- Plastics and articles
Exports from India to China
India and China have bilateral relations and both the country exports its valuable products to each other to meet the requirements needed by the people in the country. Imports of various products from China to India are in good demand but India also exports various products to China effectively and efficiently.
Indian top Products exported to China includes the below;
- Mineral fuels and its related products
- Organic chemicals
- Cotton
- Ores, slag and ash
- Plastics and its related products
- Salt & sulfur
- Copper
- Fish
- Natural pearls & precious stones
- Iron and steel
Exports from India to Canada
India is considered to be a good partner of Canada in trade and exports various products.
- iron & steel
- Pharmaceutical products
- Vehicles
- Machinery
- Organic chemicals
- apparel and clothing
- Natural pearls & precious stones
- Fish
- Plastics based products
- Electrical machinery and equipment
- Cereals
- Rubber
- Coffee & tea
- Other Agro Products
If you are planning to start exporting to Canada and if you are dealing with any of the above-mentioned products, you will have a good chance to start with your desired products.
Exports from India to Pakistan
The political relation between India and Pakistan is not good at the moment but the trade between both countries has much potential which is not being explored at its full capacity. Instead, interesting facts and worth mentioning is that India exports many products to Pakistan as enumerated below;
- Cotton
- Organic chemicals
- Plastics products
- Machinery
- Pharmaceutical products
- Iron and steel
- Coffee & Tea
- Rubber-based products
- Essential oils, perfumery & cosmetics
- Cereals
At the moment, India’s export to Pakistan is drastically down sine exporters do not feel comfortable to trade with Pakistan due to the political relations between both the countries.
If the relation of both countries comes on the track, both the countries have massive potentials to trade with others and get benefited.
Exports from India to Australia
Australia is one of the leading importers from India and it imports all the famous products from India. Australian importers always focus on quality products that they get from India.
Some of the main products exported by India to Australia is the following;
- Mineral fuels, mineral oils & products
- Railway or tramway locomotives, rolling stock and parts thereof; railway or tramway track fixtures
- Cultured pearls, precious stones, precious metals
- Pharmaceutical products
- Electrical machinery and equipment
- Machinery
- Iron or steel
- Textile articles
- Vehicles
- Apparel and clothing
- Leather items; travel goods, handbags, and similar items
- Carpets and other textile floor coverings
- Rubber
- Plastics based products
- Coffee, tea,
- Cereals
- Organic chemical
- Medical Equipment
- Cosmetics
- Footwear
Exports from India to Dubai
In Gulf Cooperation Council Countries (GCC), UAE is a prominent member and plays a vital role in these countries and known as the trading and economic hub.
United Arab Emirates consists of 6 states; Dubai, Abu Dhabi, Sharjah, Ajman, Umm Al-Quwain, Fujairah and Ras Al Khaimah.
Abu Dhabi is the capital of UAE and Dubai is the hub of business and trading.
Dubai leads Gulf countries in the trade is also known as a global hub for trade.
The exports from India to Dubai are significant and Dubai is one of the top export destinations for India.
Many traders sitting in Dubai import products from India and re-export to other countries.
The major products imported by Dubai from India are;
- Natural pearls, precious or semi-precious stones & metals
- Mineral fuels, mineral oils, and products, Bitumen
- Electrical machinery and equipment
- Ships, boats and floating structures
- Apparel and clothing accessories, knitted and not knitted
- Iron and steel
- Machinery, mechanical appliances
- Cereals
- Organic chemicals
- Vehicles
- Plastics articles
- Edible fruit and nuts
- Paper and paperboard
- Fish
- Meat and edible meat offal
- Pharmaceutical products
- Coffee, tea, and spices
- Essential oils, perfumery and cosmetic
The interesting facts and worth mentioning here are UAE meets its 9% import needs from India only.
Exports from India to Malaysia
Malaysia exports palm oil to India in good quantity but also import many products from India and the major imported products are;
- Mineral fuels
- Aluminum and articles
- Organic chemicals
- Meat and edible meat offal
- Machinery
- Iron and steel
- Electrical machinery
- Cotton
- Coffee, tea, and spices
- Natural or cultured pearls, precious or semi-precious stones, precious metals
- Apparel and clothing accessories, knitted as well not knitted
- Pharmaceutical products
- Miscellaneous chemical products
- Plastics and articles
- Zinc
- Fish
- Vehicles
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical equipment
Exports from India to African Countries
Opportunities for exports to African countries are huge you need to decide what products you can export.
Africa is a big market that imports various products and it depends on largely products imported from different countries.
India is one that satisfies the needs of Africa`s requirements largely.
India is trying to strengthen its business relationship with African countries so that it can increase its exports in many folds.
At the moment, India exports various products to African Countries.
Few of them are;
- Mineral fuels, mineral oils, and products of their distillation; bituminous substances; mineral. . .
- Machinery, mechanical appliances, nuclear reactors, boilers.
- Pharmaceutical products
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
- Plastics and its articles
- Paper and paperboard
- Electrical machinery and equipment and parts.
- Organic chemicals
- Iron and steel
- iron or steel
- Miscellaneous chemical products
- Rubber and its articles.
- Cereals
- Sugars and sugar confectionery
- Aluminum and its articles
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical . . .
- Footwear, gaiters and the like; parts of such articles
- Zinc and articles thereof
- Other made-up textile articles.
If you are one who is planning to export to African countries, you need to choose the products from the above or any other products which you may find suitable for the Africa Market and then you are set to go and explore this wide market. Africa has great potentials and we need to explore as much as we can do.
The list of goods imported by Africa from India mentioned here is not the exhaustive list. Africa imports huge items and I will write a separate blog on it only for the products exported to Africa in detail. You need to keep coming on this blog to get updates on new topics.
Let me check how big Africa is. As World meters provide the below data, Africa consists of 54 countries.
The details of African countries and its population I have mentioned here just for the reference to know how big the export market is for you.
The opportunity for you to export is everywhere in Africa and you need to prepare yourselves firmly and catch them with the right mind-set and right products.
Exports from India to Thailand
Thailand is also in the race to import products from India and the below major items are imported by the country.
- Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad
- Machinery, mechanical appliances, nuclear reactors
- Organic chemicals
- Fish and crustaceans
- Iron and steel
- Vehicles
- Electrical machinery and equipment and parts
- Cotton
- Pharmaceutical products
- Coffee, tea, and spices
- Mineral fuels, mineral oils, and products of their distillation
- Aluminum
- Miscellaneous chemical products
- Iron or steel
Exports from India to Nepal
Nepal is a landlocked country and depends on India to meet most of its requirements. Almost each and everything required by Nepal is exported by India. Let us see the major export products made by India to Nepal.
Top products imported by Nepal from India are following;
- Mineral fuels, oils, distillation products, etc.
- Articles of apparel, accessories, not knit or crochet
- Iron and steel
- Electrical, electronic equipment
- Machinery, nuclear reactors, boilers, etc.
- Vehicles other than railway, tramway
- Cereals
- Plastics and articles thereof
- Pharmaceutical products
- Footwear, gaiters and the like, parts thereof
- Optical, photo, technical, medical, etc apparatus
- Other made textile articles, sets, worn clothing, etc
- Edible fruit, nuts, peel of citrus fruit, melons
- Paper and paperboard, articles of pulp, paper, and board
- Manmade staple fibers
- Essential oils, perfumes, cosmetics, toiletries
- Articles of iron or steel
- Residues, wastes of the food industry, animal fodder
- Salt, sulfur, earth, stone, plaster, lime and cement
- Edible vegetables and certain roots and tubers
- Articles of leather, animal gut, harness, travel goods
- Oilseed, oleagic fruits, grain, seed, fruit, etc.
- Coffee, tea, mate, and spices
- Rubber and articles
Final word
India has resources a lot to fulfill the need of the domestic market as well as the need of the international market. India has the potential to produce quality products at the best prices. Many countries look forward to India to import many products to cater to their importing needs. India is one of the top exporters in the world and the government is always trying to help the exporter to export more by incentivizing monetary and giving other benefits to them.
The major partners of India in imports include the USA, China, Canada, Australia, Dubai, Africa, Malaysia, Thailand, and Nepal as well as many other partners.
You are the lucky one who is born in India since you being Indian and staying in India has a lot of opportunities and various products to start with. You need to just choose one product and one export destination and go ahead.
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