by USA
The United States is one of India’s most significant trading partners, and India is the US’s ninth-largest goods trading partner. In 2020, India’s exports to the USA were valued at USD 52.4 billion, while imports from the USA were valued at USD 23.2 billion. The major products that India exports to the USA include precious stones and metals, pharmaceuticals, and organic chemicals, while the major products that India imports from the USA include mineral fuel, aircraft, and fertilizers.
Here is a table showing India’s trade history with the United States of America (USA) in terms of exports and imports from the year 2016 to 2020:
| Year | Exports to USA (in USD billion) | Imports from USA (in USD billion) |
| 2016 | 42.0 | 22.3 |
| 2017 | 47.9 | 25.7 |
| 2018 | 52.4 | 35.5 |
| 2019 | 52.4 | 28.4 |
| 2020 | 38.8 | 24.6 |
UK
The UK is one of India’s oldest trading partners and is an important source of investment and technology for India. In 2020, India’s exports to the UK were valued at USD 9.4 billion, while imports from the UK were valued at USD 5.5 billion. The major products that India exports to the UK include textile articles, organic chemicals, and pharmaceuticals, while the major products that India imports from the UK include machinery, precious stones, and metals.
Here is a table showing India’s trade history with the United Kingdom (UK) in terms of exports and imports from the year 2016 to 2020:
| Year | Exports to UK (in USD billion) | Imports from UK (in USD billion) |
| 2016 | 9.3 | 5.3 |
| 2017 | 9.4 | 5.6 |
| 2018 | 9.7 | 6.8 |
| 2019 | 8.7 | 6.4 |
| 2020 | 7.0 | 5.6 |
Source: Ministry of Commerce and Industry, Government of India
From the table, it can be seen that India’s exports to the UK have been relatively stable over the years, with a peak of USD 9.7 billion in 2018. However, India’s exports to the UK declined by around 28% in 2020, likely due to the impact of the COVID-19 pandemic on international trade.
India’s imports from the UK have also been relatively stable over the years, with a peak of USD 6.8 billion in 2018. However, India’s imports from the UK decreased by around 12% in 2020, again likely due to the impact of the COVID-19 pandemic.
China
China is one of India’s largest trading partners, but their relationship has been marked by trade tensions and geopolitical issues. In 2020, India’s exports to China were valued at USD 20.0 billion, while imports from China were valued at USD 58.7 billion. The major products that India exports to China include organic chemicals, cotton, and ores, while the major products that India imports from China include electronic equipment, machinery, and organic chemicals.
Here is a table showing India’s trade history with China in terms of exports and imports from the year 2016 to 2020:
| Year | Exports to China (in USD billion) | Imports from China (in USD billion) |
| 2016 | 8.9 | 61.3 |
| 2017 | 10.2 | 76.4 |
| 2018 | 13.3 | 70.3 |
| 2019 | 16.6 | 65.3 |
| 2020 | 20.0 | 58.7 |
Source: Ministry of Commerce and Industry, Government of India
From the table, it is evident that India’s exports to China have been steadily increasing over the years, with a sharp increase of around 25% in 2019. In 2020, India’s exports to China reached a peak of USD 20.0 billion, likely due to increased demand for pharmaceuticals and other goods during the COVID-19 pandemic.
On the other hand, India’s imports from China have been consistently higher than its exports to China. However, India’s imports from China have been declining in recent years, with a decrease of around 12% in 2020, likely due to the ongoing trade tensions between the two countries.
Overall, the trade relationship between India and China has been dominated by China’s exports to India. However, India’s exports to China have been increasing steadily over the years, indicating potential for further growth in trade between the two countries. However, the ongoing trade tensions between the two countries may impact the future of their trade relationship.
Japan
Japan is an important trading partner for India in the Asia-Pacific region, and the two countries have a strategic partnership that covers various fields such as defense, infrastructure, and technology. In 2020, India’s exports to Japan were valued at USD 4.7 billion, while imports from Japan were valued at USD 10.1 billion. The major products that India exports to Japan include petroleum products, marine products, and organic chemicals, while the major products that India imports from Japan include machinery, electronic equipment, and vehicles.
Here is a table showing India’s trade history with Japan in terms of exports and imports from the year 2016 to 2020:
| Year | Exports to Japan (in USD billion) | Imports from Japan (in USD billion) |
| 2016 | 4.7 | 12.2 |
| 2017 | 5.2 | 11.5 |
| 2018 | 5.9 | 12.3 |
| 2019 | 6.3 | 12.6 |
| 2020 | 4.7 | 10.1 |
Source: Ministry of Commerce and Industry, Government of India
From the table, it can be seen that India’s exports to Japan have been steadily increasing over the years, with a peak of USD 6.3 billion in 2019. However, in 2020, India’s exports to Japan decreased by around 26%, likely due to the impact of the COVID-19 pandemic on international trade.
India’s imports from Japan have also been relatively stable over the years, with a peak of USD 12.6 billion in 2019. However, India’s imports from Japan decreased by around 20% in 2020, again likely due to the impact of the COVID-19 pandemic.
Overall, the trade relationship between India and Japan has been relatively stable, with India exporting less to Japan than it imports from Japan. However, there is potential for further growth in trade between the two countries, particularly in areas such as automobile and electronics manufacturing. The India-Japan Comprehensive Economic Partnership Agreement (CEPA) signed in 2011 has also facilitated trade between the two countries.
