What are the most important export markets for India?
India’s most important export markets include the United States, China, the United Arab Emirates, Saudi Arabia, Hong Kong, Singapore, the United Kingdom, Germany, the Netherlands, and Japan.
The United States is India’s largest export market, accounting for over 20% of total exports in 2017-18. The US is the largest importer of Indian goods, with exports to the US reaching $52.4 billion in 2017-18. Major exports to the US include pharmaceutical products, gems and jewelry, textiles, engineering goods, and organic chemicals.
China is India’s second largest export market, accounting for 12.6% of total exports in 2017-18. Major exports to China include organic chemicals, iron and steel, pharmaceutical products, and engineering goods.
The United Arab Emirates is India’s third largest export market, accounting for 10.3% of total exports in 2017-18. Major exports to the UAE include petroleum products, gems and jewelry, engineering goods, and organic chemicals.
Saudi Arabia is India’s fourth largest export market, accounting for 8.7% of total exports in 2017-18. Major exports to Saudi Arabia include petroleum products, gems and jewelry, engineering goods, and organic chemicals.
Hong Kong is India’s fifth largest export market, accounting for 7.1% of total exports in 2017-18. Major exports to Hong Kong include gems and jewelry, textiles, organic chemicals, and engineering goods.
Singapore is India’s sixth largest export market, accounting for 5.3% of total exports in 2017-18. Major exports to Singapore include gems and jewelry, pharmaceutical products, engineering goods, and organic chemicals.
The United Kingdom is India’s seventh largest export market, accounting for 4.2% of total exports in 2017-18. Major exports to the UK include gems and jewelry, textiles, engineering goods, and organic chemicals.
Germany is India’s eighth largest export market, accounting for 3.3% of total exports in 2017-18. Major exports to Germany include engineering goods, pharmaceutical products, organic chemicals, and textiles.
The Netherlands is India’s ninth largest export market, accounting for 2.5% of total exports in 2017-18. Major exports to the Netherlands include engineering goods, organic chemicals, pharmaceutical products, and gems and jewelry.
Japan is India’s tenth largest export market, accounting for 2.4% of total exports in 2017-18. Major exports to Japan include engineering goods, organic chemicals, pharmaceutical products, and gems and jewelry.|