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

India recorded a trade deficit of 12812.46 USD Million in July of 2015. Balance of Trade in India averaged -2025.89 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.

India Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-12812.46 -10830.00 258.90 -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 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 Tuesday, September 1, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 02:02 PM Jul $-12.81B $-10.83B $-10.79B
2015-09-15 01:20 PM Aug $-12.81B $ -11.9B
2015-10-15 12:30 PM Sep $ -11.6B
2015-11-16 12:30 PM Oct $ -11.5B

India Trade Last Previous Highest Lowest Unit
Balance of Trade -12812.46 -10830.00 258.90 -20210.90 USD Million [+]
Exports 23137.26 22290.00 30541.44 59.01 USD Million [+]
Imports 35949.72 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 1749.00 3509.00 5670.00 -60.00 USD Million [+]
Remittances 11303.87 12293.40 12293.40 5999.10 USD Million [+]
Tourist Arrivals 633000.00 513000.00 877000.00 129286.00 [+]
Gold Reserves 557.74 557.74 557.74 357.75 Tonnes [+]
Crude Oil Production 751.00 776.00 813.00 526.00 BBL/D/1K [+]
Capital Flows -212.67 -45.30 766.96 -271.46 USD Million [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2933.00 Jun/15 -2677.00 2254.00 -4156.00 AUD Million [+]
Brazil 2379.00 Jul/15 4527.00 5659.37 -4058.14 USD Million [+]
Canada -476.00 Jun/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 4350.00 Aug/15 7723.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -7027.59 Jul/15 -6205.89 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -43840.00 Jun/15 -40940.00 1946.00 -67823.00 USD Million [+]