2023
Exports
$198MWorld Rnk 30 / 217
Flag Rnk 305 / 1212
2023
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.46Rnk 52 / 1025
2023
Imports
$862MWorld Rnk 18 / 225
Flag Rnk 113 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $198M in Other Electrical Machinery, making it the 30th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 305th most exported product in India. The main destination of Other Electrical Machinery exports from India are: United States ($74.2M), China ($13.6M), Guyana ($8.35M), Singapore ($7.7M), and France ($7.64M).

The fastest growing export markets for Other Electrical Machinery of India between 2022 and 2023 were United States ($36.9M), Guyana ($8.35M), and China ($5.33M).

Imports In 2023, India imported $862M in Other Electrical Machinery, becoming the 18th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 113th most imported product in India. India imports Other Electrical Machinery primarily from: China ($286M), Germany ($123M), United States ($94.1M), Japan ($59.2M), and Israel ($47.1M).

The fastest growing import markets in Other Electrical Machinery for India between 2022 and 2023 were Germany ($49.6M), Switzerland ($11.9M), and United States ($10.4M).

COMPANIES In 2023, leading companies such as Arhaus (1) were at the forefront of shipping Other Electrical Machinery from India to the United States.

Latest Trends

Dec 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 Other Electrical Machinery. 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 (2023)$198M
IMPORTS (2023)$862M
NET TRADE (2023)-$664M

In 2023, India exported $198M in Other Electrical Machinery. The main destinations of India exports on Other Electrical Machinery were United States ($74.2M), China ($13.6M), Guyana ($8.35M), Singapore ($7.7M), and France ($7.64M).

In 2023, India imported $862M in Other Electrical Machinery, mainly from China ($286M), Germany ($123M), United States ($94.1M), Japan ($59.2M), and Israel ($47.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR India WERE (2022 - 2023):
United States$36.9M (98.7%)
Guyana$8.35M (3.34M%)
China$5.33M (64.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY India WERE (2022 - 2023):
Russia-$12M (-64.7%)
France-$5.01M (-39.6%)
Israel-$4.7M (-69.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Other Electrical Machinery were:
In 2023, India's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.6M
TOP IMPORT POTENTIALChina+ $292M

Other Electrical Machinery’s highest export potential is United States. With an export gap of $39.6M.   Other Electrical Machinery’s highest import potential is China with an import gap of $292M.

See methodology.

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