Annual growth of exports of goods and services in India
India: Annual growth of exports of goods and services was 6.3% in 2024. ◆ Volatile
Annual growth of exports of goods and services in India, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of exports of goods and services in India is 6.3%, measured in 2024.
Compared with earlier readings it is up 188.9% on the previous year and up 256.8% over ten years.
Over the whole period, annual growth of exports of goods and services in India peaked at 29.6% in 2021 and was at its lowest, -7.0%, in 2020.
India ranks 64th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in India, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 18.2% | — |
| 2001 | 4.3% | -76.3% |
| 2002 | 21.1% | +389.3% |
| 2003 | 9.6% | -54.6% |
| 2004 | 27.2% | +183.6% |
| 2005 | 26.1% | -4.0% |
| 2006 | 20.4% | -21.8% |
| 2007 | 5.9% | -71.2% |
| 2008 | 14.8% | +151.9% |
| 2009 | -4.8% | -132.7% |
| 2010 | 19.5% | -502.9% |
| 2011 | 15.5% | -20.5% |
| 2012 | 6.8% | -56.1% |
| 2013 | 7.8% | +14.5% |
| 2014 | 1.8% | -77.2% |
| 2015 | -5.6% | -417.7% |
| 2016 | 5.0% | -188.3% |
| 2017 | 4.6% | -8.4% |
| 2018 | 11.9% | +161.4% |
| 2019 | -3.4% | -128.4% |
| 2020 | -7.0% | +105.5% |
| 2021 | 29.6% | -525.5% |
| 2022 | 10.3% | -65.1% |
| 2023 | 2.2% | -78.7% |
| 2024 | 6.3% | +188.9% |
India compared with similar countries
- India's 6.3% is above the median for lower middle income countries, which is 2.7%, 2.4× the median. (40 countries reporting)
- India's 6.3% is below the median for South Asia, which is 9.1%, 70% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.3% | -4.8% | 27.2% | 10 |
| 2010s | 6.4% | -5.6% | 19.5% | 10 |
| 2020s | 8.3% | -7.0% | 29.6% | 5 |
Countries ranked near India
More economy & growth data for India
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in India?
- Annual growth of exports of goods and services in India was 6.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in India?
- The highest recorded value was 29.6% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in India?
- The lowest recorded value was -7.0% in 2020.
- How does India rank for annual growth of exports of goods and services?
- India ranks 64th out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in India?
- Over the last ten years it is up 256.8%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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