India - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in India was 24.40 as of 2020. Its highest value over the past 60 years was 43.03 in 2012, while its lowest value was 6.54 in 1972.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 9.82
1961 9.36
1962 8.93
1963 8.47
1964 8.11
1965 7.60
1966 11.76
1967 8.75
1968 8.16
1969 6.92
1970 6.65
1971 6.62
1972 6.54
1973 7.17
1974 9.11
1975 10.90
1976 10.92
1977 10.72
1978 10.59
1979 11.53
1980 12.59
1981 12.26
1982 12.03
1983 10.63
1984 11.65
1985 10.78
1986 9.97
1987 10.02
1988 10.90
1989 12.30
1990 12.94
1991 14.13
1992 14.99
1993 15.88
1994 15.85
1995 18.13
1996 18.08
1997 18.38
1998 18.14
1999 18.01
2000 20.05
2001 19.31
2002 20.54
2003 21.64
2004 24.88
2005 29.56
2006 31.93
2007 31.19
2008 43.03
2009 31.46
2010 34.41
2011 42.09
2012 43.03
2013 42.02
2014 38.53
2015 31.47
2016 27.29
2017 28.25
2018 31.07
2019 28.23
2020 24.40

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade