India Balance of Trade  1957-2018 | Data | Chart | Calendar | Forecast

India trade deficit widened to USD 13.98 billion in September of 2018 from USD 9.4 billion a year earlier. Exports declined 2.2% to USD 27.95 billion. Sales rose for plastics and linoleum (28.2%); petroleum products (26.8%); chemicals (16.9%); drugs and pharmaceuticals (3.8%); and cotton and handloom (3.6%). Imports went up 10.5% to USD 41.9 billion, boosted by purchases of gold (51.5%); petroleum and crude (33.6%); coal, coke and briquettes (23.6%) and electronic goods (11.4%). Still, on a monthly basis, the non-seasonally adjusted trade deficit for September was the lowest in five months, as a weaker rupee weighed down on imports. Balance of Trade in India averaged -2473.96 USD Million from 1957 until 2018, reaching an all time high of 258.90 USD Million in March of 1977 and a record low of -20210.90 USD Million in October of 2012.

India Balance of Trade
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-08-14 12:15 PM Balance of Trade $-18.0B $-16.6B $ -13.8B
2018-09-14 01:15 PM Balance of Trade $-17.39B $-18.0B $-17.25B $ -14.6B
2018-10-15 10:35 AM Balance of Trade $-13.98B $-17.39B $-17.03B $ -17.3B
2018-11-14 12:05 PM Balance of Trade $-13.98B $ -12.1B
2018-12-14 12:05 PM Balance of Trade $ -14.1B


India Trade Last Previous Highest Lowest Unit
Balance of Trade -13980.00 -17390.00 258.90 -20210.90 USD Million [+]
Exports 27950.00 27840.00 30541.44 59.01 USD Million [+]
Imports 41930.00 45240.00 45281.90 117.40 USD Million [+]
Current Account -15807.13 -13047.43 7360.00 -31857.18 USD Million [+]
Current Account to GDP -1.90 -0.60 2.30 -4.80 percent [+]
External Debt 514395.00 529673.00 529673.00 96392.00 USD Million [+]
Terms of Trade 73.30 71.10 100.00 57.90 Index Points [+]
Capital Flows 17.43 -42.87 766.97 -271.47 USD Million [+]
Foreign Direct Investment 1898.00 1981.00 8579.00 -1336.00 USD Million [+]
Remittances 12638.86 12003.97 12638.86 5999.10 USD Million [+]
Tourist Arrivals 719121.00 784814.00 1176000.00 129286.00 [+]
Gold Reserves 573.10 560.30 573.10 357.75 Tonnes [+]
Crude Oil Production 718.00 724.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.53 7.48 8.09 7.22 [+]
Weapons Sales 56.00 42.00 56.00 0.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



India Balance of Trade

India has been recording sustained trade deficits since 1980 mainly due to the strong imports growth, particularly of mineral fuels, oils and waxes and bituminous substances and pearls, precious and semi-precious stones and jewelry. In recent years, the biggest trade deficits were recorded with China, Switzerland, Saudi Arabia, Iraq and Indonesia. India records trade surpluses with the US, United Arab Emirates, Hong Kong, United Kingdom and Vietnam. This page provides the latest reported value for - India Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-13980.00 -17390.00 258.90 -20210.90 1957 - 2018 USD Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1447.00 Sep/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


Related

Latest