Foreign Trade (As % of GDP) rose to 40.8% in India in 2017

Foreign Trade (As % of GDP) (%)
Economy | India | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 40.8 % in 2017 in India, according to the National Statistical Office. This is 1.51 % more than in the previous year.

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 35.3 %, 37.8 % in China, 25.8 % in Pakistan and 51.0 % in Sri Lanka in 2017.

India has been ranked 148th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 4 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Afghanistan % 88.8% 81.6% 74.7% 67.2% 55.1%
Bangladesh % 47.4% 48.1% 46.3% 44.5% 42.1%
Bhutan % 112% 102% 103% 93.6% 96.4%
China % 50.6% 48.1% 46.6% 44.9% 39.5%
India % 55.6% 55.8% 53.8% 48.9% 41.9%
Iran % 43.2% 47.4% 50.3% 44.6% 39.0%
Japan % 30.4% 30.6% 34.1% 37.5% 35.6%
Malaysia % 155% 148% 143% 138% 133%
Maldives % 171% 161% 161% 164% 144%
Myanmar % 0.200% 22.4% 38.6% 42.3% 47.4%
Pakistan % 32.9% 32.8% 33.3% 30.9% 27.7%
Russia % 47.9% 47.1% 46.2% 47.7% 49.3%
Sri Lanka % 55.0% 51.5% 49.3% 50.3% 49.6%
USA % 30.8% 30.6% 30.0% 30.0% 27.7%