Fastest-Growing Indian Export Products

Bahadra India shipment

Bahadra India shipment

The following analysis highlights India’s fastest-growing exported products and is based on data for 2015. For more recent research statistics, please see the main article India’s Top 10 Exports.

Five of India’s fastest-growing export product categories posted gains exceeding 500% from 2011 to 2015.

The average change for all Indian export products was a -12.3% decline over that 5-year timeframe.

Please note that this analysis is at the 2-digit Harmonized Tariff System code level, which is better for looking at trends as opposed to uncovering more targeted opportunities at the 6, 8 or 10-digit code level.

Fastest-Growing Indian Export Products

Listed below in descending order are the fastest-growing export products from India. Also shown is the percentage increase in a product category’s exports for the 5-year period ending in 2015.

  1. Nickel: Up by 1,793% (US$751.1 million)
  2. Umbrellas and walking-sticks: Up by 1,186% ($18.5 million)
  3. Woodpulp: Up by 977% ($10.9 million)
  4. Tin: Up by 564.2% ($47.8 million)
  5. Cocoa: Up by 507.6% ($179.9 million)
  6. Arms and ammunition: Up by 327.7% ($120.8 million)
  7. Plaiting products, basketwork: Up by 294.2% ($5.9 million)
  8. Ceramic products: Up by 146% ($895 million)
  9. Furskins, artificial fur: Up by 121.1% ($2.8 million)
  10. Milling products including wheat flour, starches: Up by 118% ($295.9 million)

Unrefined nickel and nickel articles were the strongest factors pacing nickel to its number one position as the fastest-growing India product export category.

India exporters also posted accelerating international sales of walking-sticks.

Bombs, grenades, ammunition and weaponry parts were the major components increasing export sales for the arms and ammunition category.

Research Sources:
The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on August 9, 2016

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on August 9, 2016