2023
Flag  
GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$44,691CURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

France-India Trade: In 2023, France exported $6.84B to India. The main products that France exported to India were Planes, Helicopters, and/or Spacecraft ($2.04B), Gas Turbines ($1.09B), and Valves ($123M). Over the past 5 years the exports of France to India have increased at an annualized rate of 7.76%, from $4.71B in 2018 to $6.84B in 2023.

In 2020, France exported services to India worth $2.04B, with Other business services ($1.09B), Transportation ($580M), and Insurance services ($154M) being the largest in terms of value.

India-France Trade: In 2023, India exported $7.82B to France. The main products that India exported to France were Refined Petroleum ($1.8B), Broadcasting Equipment ($274M), and Packaged Medicaments ($274M). Over the past 5 years the exports of India to France have increased at an annualized rate of 1.94%,  from $7.1B in 2018 to $7.82B in 2023.

In 2023, India did not export any services to France.

Comparison: In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, France exported $6.84B to India. The main products exported from France to India were Planes, Helicopters, and/or Spacecraft ($2.04B), Gas Turbines ($1.09B), and Valves ($123M). During the last 5 years the exports of France to India have increased at an annualized rate of 7.76%, from $4.71B in 2018 to $6.84B in 2023.

In 2018, India exported $7.82B to France. The main products exported from India to France were Refined Petroleum ($1.8B), Broadcasting Equipment ($274M), and Packaged Medicaments ($274M). During the last 5 years the exports of India to France have increased at an annualized rate of 1.94%, from $7.1B in 2023 to $7.82B in 2018.

Exports from France (Flag) to India (Flag) (2023)

Exports from India (Flag) to France (Flag) (2023)

Latest Data

Trade between France (Flag) and India (Flag)

France Exports

India Exports

Market Competitiveness

Color
France
Top Destination
Germany$72.8B
India
Top Destination
United States$85.5B

This map shows whether countries import more from France or India. Each country is colored based on the difference in imports they receive from France and India or the difference in the growth in imports.

In 2023, countries that imported more from France than India included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

In 2023, countries that imported more from India than France included United States ($85.5B), United Arab Emirates ($28.8B), and Bangladesh ($11.3B).

Difference in imports from India (Flag) and France (Flag) (2023)

Comparative Advantage France - India

Flow
Scale

This chart compares trade between France and India by product, considering products traded by both, France and India.

During 2023, France had a large net trade with India in the exports of Machines ($2.26B), Transportation ($2.25B), and Chemical Products ($804M).

During 2018, India had a large net trade with France in the exports of Mineral Products ($1.82B), Machines ($1.51B), and Textiles ($1.03B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France India+$328MPetroleum Gas
Top Product Potential India France+$1.22BRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of France and India. This means that a dot/product with the flag of France indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over France.

Product Space of France (Flag) and India (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with