2022
Exports
$22.1BWorld Rnk 20 / 226
Flag Rnk 7 / 96
2022
PRODUCT COMPLEXITY IN Cars, tractors, trucks & parts thereof.
1Rnk 170 / 1025
2022
Imports
$6.9BWorld Rnk 42 / 226
Flag Rnk 14 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $22.1B in Cars, tractors, trucks & parts thereof., making it the 20th largest exporter of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 7th most exported product in India. The main destination of Cars, tractors, trucks & parts thereof. exports from India are: United States ($3.28B), South Africa ($1.66B), Mexico ($1.6B), Saudi Arabia ($913M), and Bangladesh ($840M).

The fastest growing export markets for Cars, tractors, trucks & parts thereof. of India between 2021 and 2022 were United States ($547M), South Africa ($466M), and Indonesia ($289M).

Imports In 2022, India imported $6.9B in Cars, tractors, trucks & parts thereof., becoming the 42nd largest importer of Cars, tractors, trucks & parts thereof. in the world. At the same year, Cars, tractors, trucks & parts thereof. was the 14th most imported product in India. India imports Cars, tractors, trucks & parts thereof. primarily from: China ($2B), South Korea ($936M), Japan ($786M), Germany ($616M), and United States ($442M).

The fastest growing import markets in Cars, tractors, trucks & parts thereof. for India between 2021 and 2022 were China ($193M), Japan ($132M), and Germany ($93.6M).

COMPANIES In 2023, leading companies such as Dana Incorporated (963), CNH Industrial (842), and ZF Friedrichshafen (711) were at the forefront of shipping Cars, tractors, trucks & parts thereof. from India to the United States.

Latest Trends

Jul 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 Cars, tractors, trucks & parts thereof.. 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)$22.1B
IMPORTS (2022)$6.9B
NET TRADE (2022)$15.2B

In 2022, India exported $22.1B in Cars, tractors, trucks & parts thereof.. The main destinations of India exports on Cars, tractors, trucks & parts thereof. were United States ($3.28B), South Africa ($1.66B), Mexico ($1.6B), Saudi Arabia ($913M), and Bangladesh ($840M).

In 2022, India imported $6.9B in Cars, tractors, trucks & parts thereof., mainly from China ($2B), South Korea ($936M), Japan ($786M), Germany ($616M), and United States ($442M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars, tractors, trucks & parts thereof. EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$547M (20%)
South Africa$466M (39%)
Indonesia$289M (76%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars, tractors, trucks & parts thereof. BY India WERE (2021 - 2022):
Nepal-$393M (-46.9%)
Egypt-$134M (-39.8%)
Nigeria-$106M (-15.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Cars, tractors, trucks & parts thereof. were:
In 2022, India's main importing competitors in Cars, tractors, trucks & parts thereof. were:

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Trade Value of Cars, tractors, trucks & parts thereof. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.29B
TOP IMPORT POTENTIALChina+ $1.75B

Cars, tractors, trucks & parts thereof.’s highest export potential is United States. With an export gap of $2.29B.   Cars, tractors, trucks & parts thereof.’s highest import potential is China with an import gap of $1.75B.

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