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

India recorded a trade deficit of 10830 USD Million in June of 2015. Balance of Trade in India averaged -2010.52 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.

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India Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-10830.00 -10406.20 258.90 -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 the latest reported value for - India Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - India Balance of Trade - was last refreshed on Friday, July 31, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-15 01:00 PM Apr $-10.99B $-11.79B $-10B $ -14.4B
2015-06-16 06:20 AM May $-10.4B $-10.99B $-11.1B
2015-07-15 01:20 PM Jun $-10.83B $-10.4B $ -9.8B
2015-08-14 12:30 PM Jul $-10.83B -10792.35
2015-09-15 12:30 PM Aug -10778.66
2015-10-15 12:30 PM Sep -10773.68

India Trade Last Previous Highest Lowest Unit
Balance of Trade -10830.00 -10406.20 258.90 -20210.90 USD Million [+]
Exports 22290.00 22346.75 30541.44 59.01 USD Million [+]
Imports 33120.00 32753.00 45281.90 117.40 USD Million [+]
Current Account -1285.52 -8226.25 7360.00 -31857.20 USD Million [+]
Current Account to GDP -1.40 -1.70 1.50 -4.70 percent [+]
External Debt 475813.00 461943.00 475813.00 96392.00 USD Million [+]
Terms of Trade 60.20 61.90 100.00 60.20 Index Points [+]
Foreign Direct Investment 3509.00 2721.00 5670.00 -60.00 USD Million [+]
Remittances 11303.87 12293.40 12293.40 5999.10 USD Million [+]
Tourist Arrivals 513000.00 511000.00 877000.00 129286.00 [+]
Gold Reserves 557.74 557.74 557.74 357.75 Tonnes [+]
Crude Oil Production 776.00 766.00 813.00 526.00 BBL/D/1K [+]
Capital Flows -212.67 -45.30 766.96 -271.46 USD Million [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 465.36 Jun/15 588.67 606.19 -319.71 USD Hundred Million [+]
Euro Area 18800.00 May/15 24941.50 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 19600.00 May/15 21900.00 23468.80 -535.91 EUR Million [+]
India -10830.00 Jun/15 -10406.20 258.90 -20210.90 USD Million [+]
Indonesia 477.00 Jun/15 1076.60 4641.92 -2329.13 USD Million [+]
Italy 4184.00 May/15 3728.00 6923.00 -6389.30 EUR Million [+]
Japan -69.00 Jun/15 -217.18 1608.67 -2795.04 JPY Billion [+]
Mexico -749.00 Jun/15 -1017.00 1710.25 -3292.30 USD Million [+]
Netherlands 3191.00 May/15 5434.70 6211.40 -907.60 EUR Million [+]
Russia 15309.00 May/15 15037.00 20356.00 -185.00 USD Million [+]
South Korea 10243.00 Jun/15 6300.98 10243.00 -4043.45 USD Million [+]
Spain -1657308.00 May/15 -2253100.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3578.49 Jun/15 3408.61 3894.91 -1478.68 CHF million [+]
Turkey -6753.00 May/15 -4966.00 24.51 -10453.06 USD Million [+]
United Kingdom -393.00 May/15 -1834.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]