2023
Exports
$185MWorld Rnk 19 / 151
Flag Rnk 319 / 1212
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$4.21MWorld Rnk 156 / 212
Flag Rnk 975 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $185M in Buses, making it the 19th largest exporter of Buses in the world. At the same year, Buses was the 319th most exported product in India. The main destination of Buses exports from India are: United Arab Emirates ($62.5M), Saudi Arabia ($34.2M), Sri Lanka ($12.3M), Tanzania ($10.5M), and Nepal ($9.63M).

The fastest growing export markets for Buses of India between 2022 and 2023 were United Arab Emirates ($10.5M), Republic of the Congo ($7.66M), and Sri Lanka ($7M).

Imports In 2023, India imported $4.21M in Buses, becoming the 156th largest importer of Buses in the world. At the same year, Buses was the 975th most imported product in India. India imports Buses primarily from: Finland ($1.82M), Japan ($1.02M), United Arab Emirates ($325k), South Africa ($269k), and South Korea ($229k).

The fastest growing import markets in Buses for India between 2022 and 2023 were Japan ($910k), South Korea ($229k), and Malaysia ($143k).

COMPANIES In 2023, leading companies such as Team Hardinger (4), Cummins Jaw Warehouse (2), and Walgreens (1) were at the forefront of shipping Buses from India to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Buses. 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)$185M
IMPORTS (2023)$4.21M
NET TRADE (2023)$181M

In 2023, India exported $185M in Buses. The main destinations of India exports on Buses were United Arab Emirates ($62.5M), Saudi Arabia ($34.2M), Sri Lanka ($12.3M), Tanzania ($10.5M), and Nepal ($9.63M).

In 2023, India imported $4.21M in Buses, mainly from Finland ($1.82M), Japan ($1.02M), United Arab Emirates ($325k), South Africa ($269k), and South Korea ($229k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR India WERE (2022 - 2023):
United Arab Emirates$10.5M (20.2%)
Sri Lanka$7M (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY India WERE (2022 - 2023):
Qatar-$14.9M (-80.9%)
Tanzania-$1.22M (-10.4%)
Burkina Faso-$1.13M (-96.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, India's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, India's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKuwait+ $1.37M
TOP IMPORT POTENTIALChina+ $938k

Buses’s highest export potential is Kuwait. With an export gap of $1.37M.   Buses’s highest import potential is China with an import gap of $938k.

See methodology.

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