2022
Exports
$162MWorld Rnk 34 / 216
Flag Rnk 346 / 1212
2022
PRODUCT COMPLEXITY IN Other Electrical Machinery
1.33Rnk 86 / 1025
2022
Imports
$945MWorld Rnk 20 / 224
Flag Rnk 113 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $162M in Other Electrical Machinery, making it the 34th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 346th most exported product in India. The main destination of Other Electrical Machinery exports from India are: United States ($31.5M), Russia ($18.5M), Israel ($16.3M), Spain ($11.1M), and Singapore ($8.59M).

The fastest growing export markets for Other Electrical Machinery of India between 2021 and 2022 were Russia ($16.2M), Spain ($10M), and Israel ($8.43M).

Imports In 2022, India imported $945M in Other Electrical Machinery, becoming the 20th 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 ($344M), Japan ($93.1M), Germany ($83.6M), United States ($67M), and Singapore ($65.9M).

The fastest growing import markets in Other Electrical Machinery for India between 2021 and 2022 were China ($102M), Australia ($32.8M), and United States ($18.6M).

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

Oct 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 (2022)$162M
IMPORTS (2022)$945M
NET TRADE (2022)-$783M

In 2022, India exported $162M in Other Electrical Machinery. The main destinations of India exports on Other Electrical Machinery were United States ($31.5M), Russia ($18.5M), Israel ($16.3M), Spain ($11.1M), and Singapore ($8.59M).

In 2022, India imported $945M in Other Electrical Machinery, mainly from China ($344M), Japan ($93.1M), Germany ($83.6M), United States ($67M), and Singapore ($65.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR India WERE (2021 - 2022):
Russia$16.2M (704%)
Spain$10M (973%)
Israel$8.43M (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY India WERE (2021 - 2022):
United States-$26.3M (-45.5%)
Germany-$8.52M (-63.5%)
France-$6.63M (-50.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Other Electrical Machinery were:
In 2022, 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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