India Balance of Trade 1957-2015 | Data | Chart | Calendar | Forecast

India recorded a trade deficit of 11790 USD Million in March of 2015. Balance of Trade in India averaged -1973.05 USD Million from 1957 until 2015, reaching an all time high of 258.90 USD Million in March of 1977 and a record low of -20210.90 USD Million in October of 2012. Balance of Trade in India is reported by the Ministry of Commerce and Industry, India.

     Forecast  
India Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
-11790.00 -6847.00 258.90 -20210.90 1957 - 2015 USD Million Monthly
India has been recording sustained trade deficits since 1980 mainly due to the high growth of imports, particularly of crude oil, gold and silver. In recent years, the biggest trade deficits were recorded with China, Saudi Arab, Iraq, Switzerland and Kuwait. India records trade surpluses with US, Singapore, Germany, Netherlands and United Kingdom. This page provides - India Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - India Balance of Trade - was last refreshed on Sunday, April 26, 2015.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-13 12:20 PM
Balance of Trade  Jan
$ -8.32B $ -9.43B $ -13.6B
2015-03-13 12:15 PM
Balance of Trade  Feb
$-6.8B $ -8.32B $ -6.3B
2015-04-17 01:00 PM
Balance of Trade  Mar
$-11.79B $-6.8B $ -13.2B
2015-05-15 12:30 PM
Balance of Trade  Apr
$-11.79B $ -14.4B
2015-06-15 12:30 PM
Balance of Trade  May
$ -15.1B
2015-07-15 12:30 PM
Balance of Trade  Jun
$ -14.3B


India Trade Last Previous Highest Lowest Unit
Balance of Trade -11790.00 -6847.00 258.90 -20210.90 USD Million [+]
Exports 23950.00 21545.33 30541.44 59.01 USD Million [+]
Imports 35740.00 28392.30 45281.90 117.40 USD Million [+]
Current Account -8226.25 -10105.90 7360.00 -31857.20 USD Million [+]
Current Account to GDP -1.70 -4.70 1.50 -4.70 percent [+]
External Debt 461943.00 461943.00 461943.00 96392.00 USD Million [+]
Terms of Trade 60.20 61.90 100.00 60.20 Index Points [+]
Foreign Direct Investment 3089.00 4687.00 5670.00 -60.00 USD Million [+]
Remittances 12293.40 11673.51 12293.40 5999.10 USD Million [+]
Tourist Arrivals 730000.00 761000.00 877000.00 129286.00 [+]
Gold Reserves 557.75 557.75 557.75 357.75 Tonnes [+]
Crude Oil Production 774.00 757.00 813.00 526.00 BBL/D/1K [+]
Capital Flows -45.30 -14.32 766.96 -271.46 USD Million [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 458.00 Mar/15 -2841.76 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19515.32 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 6923.00 -6389.30 EUR Million [+]
Japan 229.26 Mar/15 -425.00 1608.67 -2795.04 JPY Billion [+]
Mexico 558.30 Feb/15 -3248.00 1710.25 -3292.30 USD Million [+]
Netherlands 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8380.51 Mar/15 7706.30 8380.51 -4043.45 USD Million [+]
Spain -2037200.00 Feb/15 -2596200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -4655.64 Feb/15 -4320.27 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]