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India: Trade Profile

October 2010
India
             
BASIC INDICATORS
Population (thousands, 2009)1 155 348Rank in world trade, 2009ExportsImports
GDP (million current US$, 2009)1 310 171Merchandise 2114
GDP (million current PPP US$, 2009)3 783 578excluding intra-EU trade158
Current account balance (million US$, 2008)- 36 088Commercial services1212
Trade per capita (US$, 2007-2009)  508excluding intra-EU trade66
Trade to GDP ratio (2007-2009)  46.2
Annual percentage change
2009  2000-200920082009
Real GDP (2000=100)  190758
Exports of goods and services (volume, 2000=100)  3801619-7
Imports of goods and services (volume, 2000=100)  4621923-7
             
TRADE POLICY
WTO accession1 January 1995Contribution to WTO budget (%, 2010)1.075
Trade Policy Review23, 25 May 2007Import duties collected (%, 2006-2008)
GPA accession Observerin total tax revenue17.5
Tariffs and duty free importsto total imports8.1
Tariff binding coverage (%)   73.8Number of notifications to WTO and measures in force 
MFN tariffsFinal boundApplied 2009Outstanding notifications in WTO Central Registry  42
Simple average of import dutiesGoods RTAs - services EIAs notified to WTO13 - 2
All goods  48.5  12.9Anti-dumping (30 June 2009)191
Agricultural goods (AOA)  113.1  31.8Countervailing duties (30 June 2009)...
Non-agricultural goods  34.4  10.1Safeguards (19 October 2009)  2
Non ad-valorem duties (% total tariff lines)  5.3  5.2Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008)Requests for consultation19 - 20
in agricultural goods (AOA)  40.7Original panel / Appellate Body (AB) reports9 - 6
in non-agricultural goods  14.3Compliance panel / AB reports (Article 21.5 DSU)1 - 0
Services sectors with GATS commitments  37Arbitration awards (Article 22.6 DSU)0 - 1
             
MERCHANDISE TRADE ValueAnnual percentage change
2009  2000-200920082009
Merchandise exports, f.o.b. (million US$) 162 6131630-17
Merchandise imports, c.i.f. (million US$) 249 5901940-22
2009  2009
Share in world total exports   1.30Share in world total imports 1.97
Breakdown in economy's total exportsBreakdown in economy's total imports
  By main commodity group (ITS)  By main commodity group (ITS)
Agricultural products  10.2Agricultural products5.6
Fuels and mining products  20.6Fuels and mining products37.6
Manufactures  66.0Manufactures46.6
  By main destination  By main origin
1. European Union (27)  20.51. European Union (27)  14.4
2. United Arab Emirates  14.42. China  11.5
3. United States  10.83. United Arab Emirates  7.4
4. China  5.94. United States  6.0
5. Hong Kong, China  4.05. Saudi Arabia  5.4
             
COMMERCIAL SERVICES TRADE ValueAnnual percentage change
2009  2000-2009 20082009
Commercial services exports (million US$)  a 87 434  ...18-15
Commercial services imports (million US$)  a 79 774  ...25-9
2009  2009
Share in world total exports  2.61  Share in world total imports2.54
Breakdown in economy's total exportsBreakdown in economy's total imports
  By principal services item  By principal services item
Transportation  12.3  Transportation43.4
Travel  12.1  Travel11.6
Other commercial services  75.6  Other commercial services45.0
             
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2008Trademark registrations by office, 2008
ResidentsNon-residents Total Direct residentsDirect non-residentsMadrid Total 
...... 18 230......... 102 257
             
a  Break in series for commercial services: 2004, 2005. Courtesy WTO
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