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. Measured in %.
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 193rd out of 220 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 | % | 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% |
India compared with similar countries
- India's 29.7% is below the median for lower middle income countries, which is 56.4%, 53% of the median. (43 countries reporting)
- India's 29.7% is below the median for South Asia, which is 31.9%, 93% of the median. (6 countries reporting)
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
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
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- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % 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 193rd out of 220 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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CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).