Every year, a large number of commodities India imports from different parts of the globe including China, Saudi Arabia, Switzerland, United States, United Arab Emirates, Indonesia, South Korea, Germany, Iraq and Nigeria etc.
Even the import industry of India helps in growing up national economies and expanding the business in international boundaries. Knowing everything about competitors is one of the basic needs to get succeed in every business in the world. One must analyze market trends and demand of various goods in Indian trade market. India majorly imports Crude Petroleum, Gold, Diamonds, Coal Briquettes and Petroleum in large number of quantities.
Find out the List of Top Countries which Contributes in Indian Import Business with India Import Data
India imports approximately5000 commodities from different parts of the world. According to a recent India Import Data, India imported $390.7 billion worth of products from China, Saudi Arabia, US, UAE etc. Here is the complete list of top 10 largest sources of Indian imports-
Country
|
Value
|
Percentage of overall Imports
|
China
|
61.5 US$ billion
|
15.8%
|
Saudi Arabia
|
21.4 US$ billion
|
5.5%
|
Switzerland
|
21.1 US$ billion
|
5.4%
|
United States
|
20.5 US$ billion
|
5.2%
|
United Arab Emirates
|
20.3 US$ billion
|
5.2%
|
Indonesia
|
13.9 US$ billion
|
3.5%
|
South Korea
|
13.1 US$ billion
|
3.4%
|
Germany
|
11.8 US$ billion
|
3%
|
Iraq
|
11.3 US$ billion
|
2.6%
|
Nigeria
|
10.2 US$ billion
|
2.5%
|
With the reference of the last year’s India Import Data, India imported commodities worth of US$ 356.7 billion from different parts of the world. India mainly imports mineral fuels including oil which represents 25% of total imports, Gems & other precious metals (13.5%), electronic equipment (10.4%), machinery (9.1%), organic chemicals (4.1%), plastics (3.2%), live trees & plants (3%), animals/vegetable fats and oils (3.9%), Iron & steel (2.4%) and medical & technical equipment which represents 2% of total imports.
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