The past few decades have witnessed a steady increase in the Indian exporting sector. With export products such as ready-made garments, refined petroleum, and even valuable items like gems and jewellery, India is one of the leading exporting countries that fulfil the demand of many other countries.
India has a huge agricultural and manufacturing sector, and for the development of the industries in this sector, growth in exports is inevitable. Indian exports topped $538 billion in 2017 alone, an all-time high for India. And even though the Covid Export From India wave wasn’t exactly favourable for the Indian export industry, the growth of the Indian export sector is rising again. India’s exports, including both merchandise and services, are estimated to be at $499.46 billion from April to November 2023.
Being a top manufacturer of many goods and resources, let’s explore some of the most exported products from India and what are the most convenient methods to start shipping them.
Top 10 Most Exported Products From India
1. Leather And Its Products
With several recipient markets around the honduras phone number list globe, including Italy, China, Korea and Hong Kong, the demand for Indian leather has only been growing over the years.
Indian leather manufactures items such as Export From India purses, coats, cricket balls, shoes, jackets and more. In many cases, rather than providing the raw material, i.e. leather, items are manufactured in India only and directly exported to other countries.
Many luxury brands worldwide import their leather from India only. Primarily, markets in the US and Europe have been the biggest markets that demand Indian leather the most.
2. Petroleum Products
As one of the high-demand products for export, petroleum is the key item for the fuel and energy requirements of the world. Ranked second globally, India’s petroleum product exports play a pivotal role in driving international economic growth. With a diverse portfolio ranging from refined petroleum to petrochemicals, India has solidified its position as a trusted energy partner for various countries.
Petroleum products like Petrol, diesel, gasoline, jet fuel and LPG are very demanding in countries like the US, China and the Netherlands. Because Export From India of this increasing demand, India’s export of these products is also significantly increasing.
3. Gems And Jewellery
Due to its natural wealth in gold, diamonds, pearls, gemstones, and other forms of jewellery, India is the world’s fifth-largest exporter of such materials. India why a professional website and not a website builder? owns almost 6% of shares in global exports.
In April 2024, the total value of Gems & Jewellery exports was $2074.85 million (Rs. 17307.280 crores). The main places in India where gold and diamonds are extracted are Gujarat, Andhra Pradesh, and Madhya Pradesh.
4. Automobiles, Equipment Parts, and Electronic Goods
India is a rich country in terms of iron and steel. Due to this, India is among the top exporters of machinery and its parts and most importantly, automobiles.
India aims to double its auto industry size to INR 15 Lakh Cr by the end of 2024. Among the various kinds of machinery exported from japan business directory India in the financial year 2023, electric machinery and equipment had the highest value. Followed by industrial machinery for dairy, food processing and textiles valued at over eight billion USD.