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

India recorded a trade deficit of 8320 USD Million in January of 2015. Balance of Trade in India averaged -1951.70 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


Actual Previous Highest Lowest Dates Unit Frequency
-8320.00 -9430.00 258.90 -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 Wednesday, March 4, 2015.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-15 12:30 PM
Balance of Trade  Nov
$ -16.86B $ -13.35B $ -13.3B
2015-01-15 12:00 PM
Balance of Trade  Dec
$ -9.43B $ -16.86B $ -14.5B
2015-02-13 12:20 PM
Balance of Trade  Jan
$ -8.32B $ -9.43B $ -13.6B
2015-03-16 12:30 PM
Balance of Trade  Feb
$ -8.32B $ -13.3B
2015-04-15 12:30 PM
Balance of Trade  Mar
$ -13.2B
2015-05-15 12:30 PM
Balance of Trade  Apr
$ -14.4B


India Trade Last Previous Highest Lowest Unit
Balance of Trade -8320.00 -9430.00 258.90 -20210.90 USD Million [+]
Exports 23880.00 25400.00 30541.44 59.01 USD Million [+]
Imports 32210.00 34830.00 45281.90 117.40 USD Million [+]
Current Account -10103.10 -7836.93 7360.00 -31857.20 USD Million [+]
Current Account to GDP -1.70 -4.70 1.50 -4.70 percent [+]
External Debt 455929.00 450131.00 455929.00 96392.00 USD Million [+]
Terms of Trade 60.20 61.90 100.00 60.20 Index Points [+]
Foreign Direct Investment 3459.00 1767.00 5670.00 -60.00 USD Million [+]
Remittances 11673.51 8812.42 11673.51 5999.10 USD Million [+]
Tourist Arrivals 790000.00 877000.00 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 [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -436.00 Dec/14 -1016.00 2219.00 -3897.00 AUD Million [+]
Brazil -2842.00 Feb/15 -3173.95 5659.37 -4058.14 USD Million [+]
Canada -650.00 Dec/14 -340.00 8524.80 -2902.90 CAD Million [+]
China 600.30 Jan/15 496.13 544.76 -319.71 USD Hundred Million [+]
Euro Area 24300.00 Dec/14 21200.00 24300.00 -16638.00 EUR Million [+]
France -3446.00 Dec/14 -3093.00 2674.00 -7086.00 EUR Million [+]
Germany 19000.00 Dec/14 17900.00 23400.00 -535.91 EUR Million [+]
India -8320.00 Jan/15 -9430.00 258.90 -20210.90 USD Million [+]
Indonesia 709.40 Jan/15 186.80 4641.92 -2329.13 USD Million [+]
Italy 5756.00 Dec/14 3541.23 6923.00 -6389.30 EUR Million [+]
Japan -1177.50 Jan/15 -660.70 1608.67 -2795.04 JPY Billion [+]
Mexico -3248.00 Jan/15 254.00 1710.25 -3292.30 USD Million [+]
Netherlands 4891.20 Dec/14 5110.00 5110.00 -907.60 EUR Million [+]
Russia 12927.00 Dec/14 13359.00 20356.00 -185.00 USD Million [+]
South Korea 5530.00 Jan/15 5750.00 7380.00 -4043.45 USD Million [+]
Spain -1821800.00 Dec/14 -1555245.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3432.72 Jan/15 1514.42 3901.00 -1478.68 CHF million [+]
Turkey -4305.31 Jan/15 -8505.55 24.51 -10453.06 USD Million [+]
United Kingdom -2895.00 Dec/14 -1841.00 2946.00 -5397.00 GBP Million [+]
United States -46560.00 Dec/14 -39750.00 1946.00 -67823.00 USD Million [+]