India's Top 10 Exports 2024

Aromatic and warming tea exports from India tell a beautiful story, accounting for over 3% of the total export value. From the world-famous Darjeeling to the strong Assam, the country has a tea to suit every taste. The future of Indian tea promises a richer and more flavorful experience, with a rising emphasis on specialty teas and organic agriculture.

10.Tea

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India makes a lot of money by exporting dairy goods to other countries. Milk from Indicine cattle is in high demand in Western markets. The cost of items generated from these types of milk is typically four times that of local dairy products. Ghee, cheese, and curd are common ingredients in certain important Indian dairy exports. Dairy products are a highly profitable export possibility. 

9.Dairy Products

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India is a major exporter of vehicles such as automobiles, trucks, and motorcycles. The country's skilled workforce and low-cost production make it a vehicle manufacturing hub. India sells cars to several countries worldwide, including the United States, Europe, and Africa. Eximpedia is the finest platform to use if you need updated export import data or India’s top product HS codes. All important information and market updates are available with a simple click.

8.Vehicles

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Indian iron and steel exports are considered among India’s top 10 exports. It also plays a significant role in the growth and development of construction industries around the world. India's exports reach all corners of the globe, with around 205 countries and territories actively acquiring iron and steel from the country. The European Union, the United States, China, and the Middle East are among the main importers. The overall value of total exports is staggering: $9 billion.

7.Iron and steel

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India is a significant exporter of machinery and mechanical appliances, accounting for more than 3% of total exports. A broad network of small and medium-sized firms that specialize in producing diverse machinery and mechanical appliances drives the sector. India exports a variety of products to many countries around the world, including machine tools, pumps, engines, and turbines.

6.Machines and equipment

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From the smallest molecule to the largest chemical reactions, India's organic and inorganic chemicals industry is also considered one of India’s top 10 exports products, accounting for around 5% of total exports. The extensive range of chemicals produced, which includes fertilizers and insecticides as well as industrial-grade chemicals and dyes, caters to the demands of agriculture, medicine, and other industries worldwide.

5. Organic and inorganic chemicals

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India's pharmaceutical industry is truly a healer, exporting life-saving pharmaceuticals and medicines to more than 200 countries. This sector, which accounts for roughly 6% of total exports, has helped India establish itself as the "pharmacy of the world," delivering economical and high-quality healthcare solutions. With a strong R&D environment, the future holds the prospect of innovative discoveries and ongoing worldwide impact. Also, India exports a wide range of pharmaceutical items, including generic pharmaceuticals, active pharmaceutical ingredients (APIs), vaccines, and biosimilars.

4.Pharmaceuticals

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With a rich tapestry of history and innovation, India's textile and garment industry weaves its enchantment around the world, accounting for around 7% of total exports. The country provides a variety of textiles and styles, ranging from the delicate silks of Benaras to the vivid handlooms of Odisha. India exports cotton, silk, wool, and jute textiles, as well as ready-made clothing such as shirts, trousers, and dresses.

3.Textiles and Garments

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Adorned with the shining of diamonds and the attraction of precious stones, India's gems and jewellery industry shines brightly, accounting for around 13% of total exports. The craftsmanship passed down through the centuries, along with modern techniques, has pushed India to the leading edge of this field. Beyond the shining diamonds, emeralds, and sapphires, there is a treasure trove of lesser-known gems, such as gemstones. Based on India export data, the United States, Hong Kong, the United Arab Emirates, Switzerland, and the United Kingdom are among the leading destinations for India's magnificent jewellery exports.

2.Gems and Jewellery

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Fueling global economic growth, India's petroleum product exports rank second, accounting for roughly 10% of the overall export value. The industry provides a wide range of demands, from refined petroleum to petrochemicals, making India a trustworthy energy partner for several countries. With an emphasis on cleaner alternatives such as biofuels and green hydrogen, the future of this sector seems promising. Petroleum export products from India have found eager buyers in countries such as the United Arab Emirates, Singapore, and China. Demand for these products has been strong as countries seek reliable energy sources to power their economic expansion.

1.Petroleum Products

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BY: SYED MINHAAJ

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