Karandikars & Associates

Karandikars & Associates

Home About us Indian Indicators Global Indicators Conversion Factors Contact us

Exports Major Commodities

Balance of Payments (BoP) statistics systematically summarises the economic transactions of an economy with the rest of the World for a specific period

The Reserve Bank of India (RBI) is responsible for compilation and dissemination of BoP data. BoP is broadly consistent with the guidelines contained in the BoP Manual of the International Monetary Fund

Balance of payment (BoP) comprises of current account, capital account, errors and omissions and changes in foreign exchange reserves

Under current account of the BoP, transactions are classified into merchandise (exports and imports) and invisibles

The data on merchandise trade are available from two sources namely;

  1. from the Directorate General of Commercial Intelligence and Statistics (DGCI&S) on customs basis; and
  2. from RBI on payments (which includes both receipts and payments) basis
The data on merchandise exports in BoP are compiled on the basis of information available from the DGCI&S, after adjusting for time and exchange rate differences. The merchandise export data is recorded on free on board (F.O.B.) basis. It may be noted that export of software in physical form is captured by DGCI&S.

Table below captures trend in India's Exports by major commodities in US dollar million

YearTea USD MillionCoffee USD MillionRice USD MillionOther cereals USD MillionTobacco USD MillionSpices USD MillionCashew USD MillionOil Meals USD MillionOil seeds USD MillionFruits and Vegetables USD MillionCereal preparations and miscellaneous USD MillionMarine Products USD MillionMeat dairy and poultry products USD MillionIron Ore USD MillionMica, Coa Other Ores Minerals USD MillionLeather and leather products USD MillionCeramic products and glassware USD MillionGems and Jewellery USD MillionDrugs and Pharmaceuticals USD MillionOrganic and Inorganic Chemicals USD MillionEngineering Goods USD MillionElectronic Goods USD MillionCotton Yarn Fabrics etc USD MillionMan made Yarn Fabrics etc USD MillionRMG of all Textiles USD MillionJute Mfg including Floor Covering USD MillionCarpet USD MillionHandicrafts excl hand made carpet USD MillionPetroleum Products USD MillionPlastic and Linoleum USD MillionOther Commodities USD MillionTotal Exports USD Million
2024-25923.91805.612472.1270.91979.04451.5338.21344.41344.33871.23101.67405.05096.52082.75042.44370.73987.629814.330467.428699.4116637.138578.212055.94869.415989.3384.11541.11766.663341.08919.424465.4437415.9
2023-24826.11286.310416.7517.81449.54248.6339.21714.01437.03661.82852.87372.04527.33913.94682.24282.54277.432706.927851.729381.5109301.029122.911683.54679.114532.2338.91395.11802.384156.78092.024223.2437072.0
2022-23817.61146.211144.41194.11213.43785.4356.31601.71337.73208.62617.98078.04029.91797.55157.44752.43737.837957.025393.030342.5107041.023553.310948.54949.416191.0438.41366.11688.697468.48366.629390.0451070.0
2021-22751.11020.79671.11087.4923.63896.0453.11031.91113.62883.12280.77772.44141.03248.25217.24381.53464.839099.124594.329364.8112163.415660.415298.05614.616014.8507.61789.92088.267471.79824.629175.6422004.4
2020-21756.3719.78829.2705.4876.73984.0420.41585.01235.72612.81859.95962.43658.04896.54331.83301.43050.626022.824444.022088.576719.611093.39827.93806.312272.2371.31491.41707.525804.47462.919910.8291808.5
2019-20826.5738.96403.2205.2905.13621.4566.8827.91318.12380.51527.06722.13714.32625.03948.44658.52870.635898.520703.522082.878704.411700.610027.74821.415488.1342.61373.31797.941288.77551.617720.6313361.0
2018-19830.9822.37750.6349.0981.33322.4654.41508.61156.82540.91555.46802.64363.71317.34254.75140.82649.240251.019146.622379.383621.68829.411215.14980.516138.3324.91481.91838.146553.68607.518709.2330078.1
2017-18837.4968.67806.2248.6934.33115.4922.41093.21174.32513.31416.67389.24610.11471.13776.95289.12131.841544.417282.818508.578695.76393.110260.44826.316706.9335.11429.81823.337465.16851.115705.2303526.1
2016-17731.3842.85733.8212.3958.72851.9786.9805.41355.22454.71270.85903.14368.81533.53578.25165.61856.643412.816785.012336.167216.15962.99862.24557.117368.2309.91490.21926.731545.35796.516873.7275852.4
2015-16720.0783.95846.6261.2982.02541.5768.6553.01246.92268.81319.84767.54575.5191.53656.05407.81712.139284.316909.511731.361949.55959.510119.44621.716964.4295.41440.11648.030582.65764.217418.8262291.1
2014-15681.8814.07853.1869.1958.62430.3909.31324.21735.42153.51257.75510.55385.0515.33903.56030.51644.441266.115431.512473.673074.86260.810774.65275.016833.3297.01360.81378.056794.15746.019410.2310352.0
2013-14798.8798.87790.11204.21011.42497.3842.32796.41291.72255.31149.55016.65292.91552.44022.55572.81292.241388.314949.512286.063902.77843.011015.95183.714990.5351.61178.31499.363179.46147.025315.3314415.7
2012-13866.0866.16216.01505.2924.12786.1747.03038.61368.31799.2917.53464.13804.31661.43805.14771.91156.142988.214421.011478.859181.58253.09599.74536.012948.7366.41093.5989.760865.15598.828383.1300400.6
2011-12851.1946.25030.71146.2836.02734.1916.12461.61712.51728.0805.03460.73160.74622.13661.84686.11050.746314.113150.511396.459923.39078.88987.95069.513710.7464.5920.3993.456038.55674.534431.9305963.9
2010-11736.2660.62542.9800.8874.71730.9618.82429.51019.21445.0582.42615.62295.74872.13707.93822.8865.142314.310460.88212.450278.98445.77609.84274.911614.8459.21032.4760.141480.04266.128306.8251136.2
2009-10620.4428.32372.3626.7915.71253.9590.51650.8650.01514.6446.62086.71570.15978.92497.23277.8706.028639.18880.76264.933618.95614.25317.43602.710717.2217.8756.0713.028192.03001.116029.9178751.4

For the year 2024-25, Engineering Goods: USD 116,637.1 Million (26.7% of Total), Petroleum Products: USD 63,341 Million (14.5% of Total) and Electronic Goods: USD 38,578.2 Million (8.8% of Total), were the top three commodity categories under India's exports

These three collectively accounted for 50% of India's total exports of USD 437,415.9 million

View the trends graphically