India’s Fastest-Growing Trading Partners

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The following analysis highlights India’s fastest-growing trading partners in terms of consuming Indian exported goods and is based on data for 2014. For more recent research statistics, please see the main article India’s Top Trading Partners.

After analyzing 2014 data for 100 of India’s fastest-growing trading partners, we found 13 nations that boosted their imports by at least 200% from 2010 to 2014.

Overall, exports originating from India were up 44.4% compared to 2010.

India’s Fastest-Growing Import Partners

Listed below in descending order below are the fastest-growing import countries for India’s exported products. These nations boosted imports from India by the greatest percentages over the five-year period ending in 2014.

  1. Marshall Islands: Up 20,152% since 2011 (US$104.5 million)
  2. Greenland: Up 4,980% ($9 million)
  3. Democratic Republic Congo: Up 4,712% ($322.8 million)
  4. Kiribati: Up 429.8% ($1.2 million)
  5. Solomon Islands: Up 278.3% ($4.9 million)
  6. Laos: Up 267.1% ($51.3 million)
  7. Bosnia/Herzegovina: Up 247.7% ($17.9 million)
  8. Bolivia: Up 245.7% ($75.6 million)
  9. Somalia: Up 242.7% ($418.4 million)
  10. Gibraltar: Up 239.1% ($1 billion)
  11. Rwanda: Up 210.9% ($124.2 million)
  12. Saint Kitts/Nevis: Up 208.9% ($2.1 million)
  13. Antigua/Barbuda: Up 177.4% ($2.7 million)
  14. Mozambique: Up 158.8% ($1.5 billion)
  15. Aruba: Up 155.7% ($6.5 million)

Indian-made ships and boats were the fastest-growing Indian export delivered to the Marshall Islands.
Accelerating at the quickest pace to Greenland were Indian shipments of footwear.

The top-improving Indian export to the Democratic Republic of Congo was pharmaceutical products.

Sugar showed the highest-growing demand for Kiribatian importers of Indian goods.

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on August 31, 2016

The World Factbook, Field Listing: Imports, Central Intelligence Agency. Accessed on August 31, 2016

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on August 31, 2016