2022
Exports
$6.68BWorld Rnk 23 / 210
Flag Rnk 9 / 1212
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$540MWorld Rnk 88 / 224
Flag Rnk 175 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $6.68B in Cars, making it the 23rd largest exporter of Cars in the world. At the same year, Cars was the 9th most exported product in India. The main destination of Cars exports from India are: South Africa ($1.24B), Mexico ($941M), Saudi Arabia ($579M), United Arab Emirates ($400M), and Chile ($355M).

The fastest growing export markets for Cars of India between 2021 and 2022 were South Africa ($296M), Mexico ($117M), and Colombia ($71.6M).

Imports In 2022, India imported $540M in Cars, becoming the 88th largest importer of Cars in the world. At the same year, Cars was the 175th most imported product in India. India imports Cars primarily from: Germany ($85.1M), China ($77.2M), Japan ($74.4M), United Kingdom ($59.2M), and United Arab Emirates ($34M).

The fastest growing import markets in Cars for India between 2021 and 2022 were Japan ($47.4M), Germany ($34.3M), and Belgium ($29.3M).

COMPANIES In 2023, leading companies such as IKEA Group (33), J.C. Bamford (6), and Chicken of the Sea (5) were at the forefront of shipping Cars from India to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.68B
IMPORTS (2022)$540M
NET TRADE (2022)$6.14B

In 2022, India exported $6.68B in Cars. The main destinations of India exports on Cars were South Africa ($1.24B), Mexico ($941M), Saudi Arabia ($579M), United Arab Emirates ($400M), and Chile ($355M).

In 2022, India imported $540M in Cars, mainly from Germany ($85.1M), China ($77.2M), Japan ($74.4M), United Kingdom ($59.2M), and United Arab Emirates ($34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR India WERE (2021 - 2022):
South Africa$296M (31.5%)
Mexico$117M (14.2%)
Colombia$71.6M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY India WERE (2021 - 2022):
Egypt-$124M (-55%)
United States-$77.7M (-18.6%)
Nepal-$66.4M (-43.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Cars were:
In 2022, India's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $698M
TOP IMPORT POTENTIALGermany+ $135M

Cars’s highest export potential is United States. With an export gap of $698M.   Cars’s highest import potential is Germany with an import gap of $135M.

See methodology.

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