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2022
Flag → Flag
Exports $8.09BRnk 19 / 217
2022
Flag → Flag
Top Product $1.52BRefined Petroleum
2022
Flag → Flag
Exports $6.49BRnk 18 / 219
2022
Flag → Flag
Top Product $2.15BPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

India-France Trade: In 2022, India exported $8.09B to France. The main products that India exported to France were Refined Petroleum ($1.52B), Packaged Medicaments ($330M), and Broadcasting Equipment ($255M). Over the past 5 years the exports of India to France have increased at an annualized rate of 7.37%, from $5.67B in 2017 to $8.09B in 2022.

In 2022, India did not export any services to France.

France-India Trade: In 2022, France exported $6.49B to India. The main products that France exported to India were Planes, Helicopters, and/or Spacecraft ($2.15B), Petroleum Gas ($412M), and Gas Turbines ($340M). Over the past 5 years the exports of France to India have increased at an annualized rate of 2.59%,  from $5.71B in 2017 to $6.49B in 2022.

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.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $576M and imported $443M from France, resulting in a positive trade balance of $133M. Between August 2023 and August 2024 the exports of India have decreased by $-379M (-39.7%) from $956M to $576M, while imports decreased by $-3.94M (-0.88%) from $447M to $443M.

Trade In August 2024, the top exports of India to France were Electric Machinery And Equipme ($138M), Petroleum Products ($128M), Handcrfs(Excl.Handmade Crpts) ($44.7M), Drug Formulations, Biologicals ($41M), and Rmg Cotton Incl Accessories ($38.2M). In August 2024 the top imports of India from France were Electric Machinery And Equipme ($88.7M), Indl. Machnry For Dairy Etc ($28.9M), Electronics Components ($18.6M), Medical And Scientific Instrum ($16.4M), and Organic Chemicals ($14.2M).

Growth In August 2024, the decrease in India's year-by-year exports to France was explained primarily by an decrease in product exports in Oil Meals ($-7.49M or -95.2%), Auto Tyres And Tubes ($-4.38M or -53.4%), and Rmg Cotton Incl Accessories ($-3.65M or -8.73%). In August 2024, the decrease in India's year-by-year imports  from France was explained primarily by an decrease in product imports  in Other Misc. Engineering Items ($-49.2M or -89.7%), Aircraft, Spacecraft And Parts ($-16.1M or -74.3%), and Ic Engines And Parts ($-15.4M or -80.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-379M(-39.7%)
IMPORT GROWTH (August 2023 - August 2024)$-3.94M(-0.88%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check France and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore France and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $8.09B to France. The main products exported from India to France were Refined Petroleum ($1.52B), Packaged Medicaments ($330M), and Broadcasting Equipment ($255M). During the last 5 years the exports of India to France have increased at an annualized rate of 7.37%, from $5.67B in 2017 to $8.09B in 2022.

In 2017, France exported $6.49B to India. The main products exported from France to India were Planes, Helicopters, and/or Spacecraft ($2.15B), Petroleum Gas ($412M), and Gas Turbines ($340M). During the last 5 years the exports of France to India have increased at an annualized rate of 2.59%, from $5.71B in 2022 to $6.49B in 2017.

Exports from India (Flag) to France (Flag) (2022)

Exports from France (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from India than France included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

In 2022, countries that imported more from France than India included Germany ($78.3B), Italy ($56.4B), and Spain ($46.4B).

Difference in imports from France (Flag) and India (Flag) (2022)

Comparative Advantage India - France

Flow
Scale

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

During 2022, India had a large net trade with France in the exports of Machines ($1.62B), Mineral Products ($1.57B), and Textiles ($1.07B).

During 2017, France had a large net trade with India in the exports of Transportation ($2.32B), Machines ($1.57B), and Chemical Products ($692M).

Potential Exports

Potential Exports

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

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.

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Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from France (Flag) to India (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and France (Flag) (2022)

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