Highest Value Indian Export Products

Highest Value Indian Export Products

Freeway in India

Petroleum oils, unmounted diamonds and jewelry top the list of highest value Indian export products.

The most valuable Indian exports also include medicines, milled rice, jewelry and frozen beef. Another international trade highlight for 2016 is the strong increase in India’s gold sales.

The following list shows which Indian exports pulled in the most money during 2016. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level.

More granular details on export sales can help entrepreneurs identify precisely which products in which India has strong competitive advantages over other nations, also focus on lucrative opportunities for innovation.

Highest Value Indian Export Products

Below are the 20 highest value export products shipped from India in 2016. Shown within brackets is the increase in value from 2009 to 2016 for each item.

  1. Processed petroleum oils: US$27 billion (up 16.1% since 2009)
  2. Diamonds (unmounted/unset): $24 billion (up 44%)
  3. Jewelry: $12.6 billion (up 18.4%)
  4. Medication mixes in dosage: $11.6 billion (up 192.6%)
  5. Cars: $6.4 billion (up 116.5%)
  6. Rice: $5.3 billion (up 121.7%)
  7. Gold (unwrought): $4.3 billion (up 2156.8%)
  8. Automobile parts/accessories: $4 billion (up 244.4%)
  9. Frozen beef: $3.7 billion (up 278.5%)
  10. Crustaceans (including lobsters): $3.6 billion (up 351.9%)
  11. Yarn (85%+ cotton): $3.2 billion (up 156.9%)
  12. T-shirts, vests (knit or crochet): $2.8 billion (up 41.7%)
  13. Women’s clothing (not knit or crochet): $2.5 billion (up 25.3%)
  14. Packaged insecticides/fungicides/herbicides: $2.1 billion (up 98.8%)
  15. Aircraft parts: $2 billion (up 108.5%)
  16. Light vessels, fire boats, floating docks: $1.9 billion (up 78.5%)
  17. Footwear (leather): $1.9 billion (up 59.8%)
  18. Synthetic organic coloring: $1.8 billion (up 108.3%)
  19. Heterocyclics, nucleic acids: $1.8 billion (up 291.9%)
  20. Aluminum (unwrought): $1.6 billion (up 241.6%)

Among these product categories, India’s unprocessed gold exports posted an increase up 2,157% from 2009 to 2016. Shipments of lobsters and other crustaceans rose in value by 351.9%.

In third place were organic chemical exports heterocyclics and nucleic acids, which appreciated 291.9% over the same 7-year period. Exported frozen beef exports increased in value by 278.5%.

India’s automobile parts and accessories showed an export sales gain of 244.4%.

For all Indian export products, there was an average increase of 47.7% from 2009 to 2016.

See also India’s Top 10 Exports, India’s Top 10 Major Export Companies, India’s Top 10 Imports, India’s Top Trading Partners and Top Indian Trade Balances

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 7, 2017

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on March 7, 2017

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 7, 2017