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As of 2023, India is the seventh largest exporter of commercial services in the world, [12] accounting for 4.6% of global trade in services. India's service exports grew by 27%. [13] In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.
Leading export good Year 1 Gujarat: 146,485 33.55% Petroleum products 2022/23 2 Maharashtra: 72,498 16.60% Engineering goods 2022/23 3 Tamil Nadu: 40,673 9.32% Engineering goods 2022/23 4 Karnataka: 27,884 6.39% Petroleum products 2022/23 5 Uttar Pradesh: 21,686 4.97% Electronic goods 2022/23 6 Andhra Pradesh: 19,843 4.54% Engineering goods ...
Counting the European Union (EU) as one, the World Trade Organisation ranks India fifth for commercial services exports and sixth for commercial services imports. [4] The two primary destinations of India's exports are the EU and the United States, whereas the China and the EU are the two primary countries from which India's imports come from. [1]
For information on exports, see Export. For Harmonized Codes, see Harmonized System. The following is a list of export product categories that were exported the most and fetched foreign currency for India. The list includes the HS Codes and the value of the product exported. The data referenced in the system do not have any legal sanctity and ...
The World Integrated Trade Solution (WITS) is a trade software provided by the World Bank for users to query several international trade databases.. WITS allows the user to query trade statistics (export, import, re-exports and re-imports) from the UN's repository of official international trade statistics and relevant analytical tables (UN COMTRADE), tariff and non-tariff measures data from ...
2023 Petroleum Hong Kong: 673,305 2023 Integrated circuits Switzerland: 661,627 2023 Gold Mexico: 649,312 2023 Cars Spain: 615,829 2023 Cars Taiwan: 536,128 2022 [4] Integrated circuits Belgium: 535,173 2023 Vaccines Poland: 469,264 2023 Car parts Russia: 465,432 2023 Petroleum Australia: 447,506 2023 Iron ore Brazil: 389,625 2023 Iron ore Vietnam
India was the first developing country to introduce a preferential tariff program for the LDCs. [1] [2] Under the DFTP scheme, 98.2% of product categories originating from LDCs are offered duty free and preferential treatment. Only 1.8% of product categories imported into India from LDCs are subject to regular duties.
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.