Merchandise trade as a proportion of GDP in India
India: Merchandise trade as a proportion of GDP was 29.7% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in India, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in India is 29.7%, measured in 2024.
Compared with earlier readings it is down 2.3% on the previous year and down 22.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in India peaked at 43.0% in 2012 and was at its lowest, 19.3%, in 2001.
That places India 165th out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in India, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 20.0% | — |
| 2001 | 19.3% | -3.7% |
| 2002 | 20.5% | +6.4% |
| 2003 | 21.6% | +5.4% |
| 2004 | 24.9% | +15.0% |
| 2005 | 29.6% | +18.8% |
| 2006 | 31.9% | +8.0% |
| 2007 | 31.2% | -2.3% |
| 2008 | 43.0% | +37.9% |
| 2009 | 31.5% | -26.9% |
| 2010 | 34.4% | +9.4% |
| 2011 | 42.1% | +22.3% |
| 2012 | 43.0% | +2.2% |
| 2013 | 42.0% | -2.4% |
| 2014 | 38.5% | -8.3% |
| 2015 | 31.5% | -18.3% |
| 2016 | 27.3% | -13.3% |
| 2017 | 28.3% | +3.5% |
| 2018 | 31.0% | +9.9% |
| 2019 | 28.6% | -8.0% |
| 2020 | 24.3% | -15.0% |
| 2021 | 30.6% | +25.9% |
| 2022 | 35.1% | +14.7% |
| 2023 | 30.4% | -13.4% |
| 2024 | 29.7% | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.4% | 19.3% | 43.0% | 10 |
| 2010s | 34.7% | 27.3% | 43.0% | 10 |
| 2020s | 30.0% | 24.3% | 35.1% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1347 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 364.05 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 11.76 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 31,792 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1505 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 406.63 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 32,680 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.33 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in India?
- Merchandise trade as a proportion of gdp in India was 29.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in India?
- The highest recorded value was 43.0% in 2012.
- What is the lowest merchandise trade as a proportion of gdp recorded in India?
- The lowest recorded value was 19.3% in 2001.
- How does India rank for merchandise trade as a proportion of gdp?
- India ranks 165th out of 188 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in India?
- Over the last ten years it is down 22.9%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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