Foreign trade as a share of GDP fell 8.88% to 39.6% in India in 2019, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in India reached an all time high of 55.8% in 2012 and an all time low of 7.66% in 1970. When compared to India's main peers, foreign trade as a share of GDP in Bangladesh amounted to 36.8%, 35.7% in China, 30.4% in Pakistan and 52.4% in Sri Lanka in 2019.
India has been ranked 137th within the group of 150 countries we follow in terms of foreign trade as a share of GDP, 4 places above the position seen 10 years ago.
| Foreign Trade (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Afghanistan | % | ... | 55.1% | 47.7% | 51.2% | ... | ... | ... | ... | |||||||||||||
| Bangladesh | % | 42.1% | 31.3% | 30.0% | 32.5% | 31.6% | ||||||||||||||||
| Bhutan | % | 97.9% | 83.4% | 81.2% | 84.2% | 82.1% | ||||||||||||||||
| China | % | 39.5% | 36.9% | 37.6% | 37.6% | 35.9% | ||||||||||||||||
| India | % | 41.9% | 40.1% | 40.7% | 43.6% | 40.0% | ||||||||||||||||
| Iran | % | 39.4% | 40.4% | 44.7% | 58.4% | 50.8% | ||||||||||||||||
| Japan | % | 35.4% | 31.3% | 34.4% | 36.6% | 35.2% | ||||||||||||||||
| Malaysia | % | 131% | 127% | 133% | 130% | 123% | ||||||||||||||||
| Maldives | % | 150% | 149% | 152% | 154% | 148% | ||||||||||||||||
| Myanmar | % | 44.9% | 53.9% | 61.0% | 62.4% | 60.7% | ||||||||||||||||
| Pakistan | % | 27.7% | 24.7% | 25.5% | 27.6% | 28.9% | ||||||||||||||||
| Russia | % | 49.4% | 46.5% | 46.9% | 51.6% | 49.2% | ||||||||||||||||
| Sri Lanka | % | 46.9% | 46.5% | 47.1% | 49.8% | 49.4% | ||||||||||||||||
| USA | % | 27.8% | 26.6% | 27.3% | 27.6% | 26.5% |
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