Analytics – ProGlobal

India's Top Exports (2024)

Highest value products India sells to the world

#	Product	Export Value (2024)	2yr Growth	Trade Surplus
1	Refined Petroleum	$58.2B	-34.5%	+$49.1B
2	Telephones	$26.1B	+118.5%	+$14.2B
3	Packaged Medicaments	$24.1B	+22.4%	+$22.9B
4	Diamonds	$16.5B	-38.5%	+$2.4B
5	Jewellery	$12.8B	+8.2%	+$10.1B
6	Rice	$10.2B	+15.6%	+$10.1B
7	Iron & Steel Products	$9.8B	+12.3%	+$5.2B
8	Organic Chemicals	$8.5B	+9.1%	+$3.8B
9	Auto Components	$7.9B	+18.3%	+$4.2B
10	Cotton Textiles	$7.2B	+9.6%	+$5.8B
11	Spices	$4.1B	+14.1%	+$3.9B
12	Leather Products	$3.8B	+6.5%	+$3.1B
13	Machinery	$3.5B	+11.2%	-$8.5B
14	Ceramic Products	$2.9B	+7.8%	+$2.1B
15	Carpets & Rugs	$1.8B	+5.2%	+$1.7B

India's Top Imports (2024)

Products India buys from the world - potential import business opportunities

#	Product	Import Value (2024)	2yr Growth	Trade Deficit
1	Crude Petroleum	$141.8B	-18.8%	-$141.7B
2	Gold	$58.5B	+59.0%	-$58.0B
3	Coal & Solid Fuels	$32.2B	-37.9%	-$32.0B
4	Petroleum Gas	$30.8B	-4.8%	-$30.3B
5	Diamonds	$14.1B	-25.8%	-$11.7B
6	Integrated Circuits	$11.9B	+32.5%	-$11.9B
7	Palm Oil	$8.2B	+12.4%	-$8.1B
8	Industrial Machinery	$7.5B	+8.6%	-$4.0B
9	Telecom Equipment	$6.8B	+15.2%	-$6.8B
10	Organic Chemicals	$6.5B	+5.3%	-$2.7B
11	Fertilizers	$5.2B	-22.1%	-$5.0B
12	Plastic Raw Materials	$4.8B	+6.7%	-$3.2B
13	Electronic Components	$4.5B	+18.9%	-$4.3B
14	Copper	$4.1B	+11.5%	-$3.5B
15	Lab Equipment	$3.8B	+14.2%	-$3.6B

Fastest Growing Trade Products

Products with highest 2-year growth rate (minimum $100M trade value)

Fastest Growing Exports

1. Telephones & Smartphones +118.5% ($26.1B)

2. Auto Components +18.3% ($7.9B)

3. Rice +15.6% ($10.2B)

4. Spices +14.1% ($4.1B)

5. Iron & Steel +12.3% ($9.8B)

6. Machinery Parts +11.2% ($3.5B)

7. Cotton Textiles +9.6% ($7.2B)

8. Organic Chemicals +9.1% ($8.5B)

9. Jewellery +8.2% ($12.8B)

10. Ceramic Products +7.8% ($2.9B)

Fastest Growing Imports

1. Gold +59.0% ($58.5B)

2. Integrated Circuits +32.5% ($11.9B)

3. Electronic Components +18.9% ($4.5B)

4. Telecom Equipment +15.2% ($6.8B)

5. Lab Equipment +14.2% ($3.8B)

6. Palm Oil +12.4% ($8.2B)

7. Copper +11.5% ($4.1B)

8. Industrial Machinery +8.6% ($7.5B)

9. Plastic Raw Materials +6.7% ($4.8B)

10. Organic Chemicals +5.3% ($6.5B)

Products by Capital Required

Find products that match your investment capacity

Micro - Under 5 Lakh ($6K)

Start small. LCL shipping. Home office possible.

Example products: Spices, Tea, Coffee, Handicrafts, Garments, Incense, Pickles, Paintings, Jute products, Candles

Small - 5-25 Lakh ($6K-$30K)

Full container loads. Warehouse needed. Agri, textiles, building materials.

Example products: Rice, Wheat, Fruits, Nuts, Leather goods, Ceramics, Granite, Furniture, Soap, Paper, Toys, Cement

Medium - 25L to 2 Crore ($30K-$240K)

Bulk industrial commodities. Trade finance recommended.

Example products: Steel, Aluminium, Copper, Machinery, Pharmaceuticals, Chemicals, Polymers, Fertilizers, Auto parts, Batteries, Solar panels

Large - 2-25 Crore ($240K-$3M)

Heavy industry, precious goods. Need strong compliance team.

Example products: Cars, Ships, Aircraft, Computers, Semiconductors, Diamonds, Gold, Crude Petroleum, Iron Ore, Gas Turbines

India Trade Analytics