HS Icon Cars in  Flag India

2019
Exports | Imports
: $7.15B | $270M, World Rnk 21 / 221
Flag Rnk 5 / 1213 | World Rnk 102 / 225
Flag Rnk 228 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $225M | $10.5M, Saudi Arabia |  Singapore

2019
ECONOMIC COMPLEXITY of India
: 0.57, Rnk 45 / 147

2019
PRODUCT COMPLEXITY  IN Cars
: 0.84, Rnk 237 / 1029

Exports: In 2019, India exported $7.15B in Cars, making it the 21st largest exporter of Cars in the world. At the same year, Cars was the 5th most exported product in India. The main destination of Cars exports from India are: Mexico ($1.3B), United States ($1.09B), South Africa ($757M), Saudi Arabia ($591M), and United Arab Emirates ($309M).

The fastest growing export markets for Cars of India between 2018 and 2019 were Saudi Arabia ($225M), South Africa ($115M), and United Arab Emirates ($64.6M).

Imports: In 2019, India imported $270M in Cars, becoming the 102nd largest importer of Cars in the world. At the same year, Cars was the 228th most imported product in India. India imports Cars primarily from: China ($63.2M), United Kingdom ($37.6M), Singapore ($28.4M), Germany ($28.2M), and Japan ($24.1M).

The fastest growing import markets in Cars for India between 2018 and 2019 were Singapore ($10.5M), China ($8.58M), and Spain ($8.33M).

Tariffs: In 2018, the average tariff for India in Cars was 106%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatement, 125%), Botswana (Most Favoured Nation duty rate treatement, 125%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 125%), Cameroon (Most Favoured Nation duty rate treatement, 125%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 125%).

Historical Data

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Value

EXPORTS (2019): $7.15B

IMPORTS (2019): $270M

NET TRADE (2019): $6.88B

In 2019, India exported $7.15B in Cars. The main destinations of India exports on Cars were Mexico ($1.3B), United States ($1.09B), South Africa ($757M), Saudi Arabia ($591M), and United Arab Emirates ($309M).

In 2019, India imported $270M in Cars, mainly from China ($63.2M), United Kingdom ($37.6M), Singapore ($28.4M), Germany ($28.2M), and Japan ($24.1M).

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IN 2019, India HAD A POSITIVE NET TRADE IN Cars WITH:

IN 2019, India HAD A NEGATIVE NET TRADE IN Cars WITH:

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR India WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY India WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, India's main exporting competitors in Cars were:

In 2018, India's main importing competitors in Cars were:

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Tariffs by Country

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In 2018, the average tariff for India in Cars was 106%.

The countries with the highest tariffs for Cars in India were Angola (Most Favoured Nation duty rate treatement, 125%), Botswana (Most Favoured Nation duty rate treatement, 125%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 125%), Cameroon (Most Favoured Nation duty rate treatement, 125%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 125%).