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India Trade Balance 1960-2024

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • India trade balance for 2022 was $-124.91B, a 50.25% increase from 2021.
  • India trade balance for 2021 was $-83.13B, a 690.53% increase from 2020.
  • India trade balance for 2020 was $-10.52B, a 85.61% decline from 2019.
  • India trade balance for 2019 was $-73.07B, a 28.13% decline from 2018.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Indonesia $47.38B
Angola $19.94B
Vietnam $9.17B
Republic of Congo $4.66B
Cambodia $3.98B
Zambia $3.23B
Timor-Leste $0.44B
Sudan $0.23B
Kyrgyz Republic $0.00B
Myanmar $0.00B
Papua New Guinea $0.00B
Sao Tome and Principe $0.00B
Bhutan $0.00B
Lao PDR $0.00B
Nigeria $0.00B
Solomon Islands $0.00B
Djibouti $-0.08B
Eswatini $-0.18B
Micronesia $-0.19B
Kiribati $-0.19B
Cabo Verde $-0.35B
Vanuatu $-0.41B
Mauritania $-0.55B
Ghana $-0.58B
Mongolia $-1.06B
Bolivia $-1.11B
Lesotho $-1.17B
Cameroon $-1.18B
Georgia $-2.43B
Nicaragua $-2.45B
Sri Lanka $-2.64B
Kosovo $-3.07B
Moldova $-4.10B
Tunisia $-5.56B
El Salvador $-7.94B
Honduras $-8.64B
West Bank and Gaza $-9.33B
Kenya $-10.55B
Uzbekistan $-13.70B
Morocco $-15.05B
Ukraine $-26.95B
Egypt $-32.46B
Bangladesh $-36.89B
Pakistan $-44.80B
Philippines $-63.26B
India $-124.91B
India Trade Balance - Historical Data
Year Billions of US $ % of GDP
2022 $-124.91B -3.66%
2021 $-83.13B -2.64%
2020 $-10.52B -0.39%
2019 $-73.07B -2.58%
2018 $-101.67B -3.76%
2017 $-83.76B -3.16%
2016 $-40.53B -1.77%
2015 $-48.31B -2.30%
2014 $-60.89B -2.99%
2013 $-55.38B -2.98%
2012 $-122.91B -6.72%
2011 $-119.28B -6.54%
2010 $-74.62B -4.45%
2009 $-73.43B -5.47%
2008 $-62.02B -5.17%
2007 $-49.73B -4.09%
2006 $-29.98B -3.19%
2005 $-22.90B -2.79%
2004 $-12.66B -1.79%
2003 $-4.23B -0.70%
2002 $-5.05B -0.98%
2001 $-4.25B -0.88%
2000 $-4.25B -0.91%
1999 $-8.77B -1.91%
1998 $-7.01B -1.66%
1997 $-5.15B -1.24%
1996 $-4.55B -1.16%
1995 $-4.25B -1.18%
1994 $-0.99B -0.30%
1993 $0.05B 0.02%
1992 $-2.15B -0.75%
1991 $0.00B 0.00%
1990 $-4.49B -1.40%
1989 $-3.36B -1.14%
1988 $-4.21B -1.42%
1987 $-3.84B -1.38%
1986 $-4.55B -1.83%
1985 $-5.56B -2.39%
1984 $-3.06B -1.44%
1983 $-4.40B -2.02%
1982 $-4.33B -2.16%
1981 $-5.10B -2.64%
1980 $-5.79B -3.11%
1979 $-2.17B -1.42%
1978 $-0.38B -0.27%
1977 $0.14B 0.12%
1976 $0.59B 0.57%
1975 $-0.98B -1.00%
1974 $-1.18B -1.19%
1973 $-0.44B -0.51%
1972 $0.23B 0.32%
1971 $-0.23B -0.34%
1970 $-0.06B -0.10%
1969 $-0.19B -0.32%
1968 $-0.48B -0.90%
1967 $-0.96B -1.91%
1966 $-1.16B -2.53%
1965 $-1.13B -1.90%
1964 $-1.11B -1.96%
1963 $-0.79B -1.63%
1962 $-0.79B -1.86%
1961 $-0.65B -1.65%
1960 $-0.88B -2.37%