2023
Exports
$7.85BWorld Rnk 24 / 210
Flag Rnk 7 / 1212
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$773MWorld Rnk 85 / 225
Flag Rnk 127 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $7.85B in Cars, making it the 24th largest exporter of Cars in the world. At the same year, Cars was the 7th most exported product in India. The main destination of Cars exports from India are: Saudi Arabia ($1.45B), South Africa ($1.3B), Mexico ($922M), United Arab Emirates ($602M), and Chile ($301M).

The fastest growing export markets for Cars of India between 2022 and 2023 were Saudi Arabia ($769M), Kuwait ($72.1M), and Angola ($55.4M).

Imports In 2023, India imported $773M in Cars, becoming the 85th largest importer of Cars in the world. At the same year, Cars was the 127th most imported product in India. India imports Cars primarily from: Germany ($185M), United Kingdom ($140M), China ($97.1M), Slovakia ($64.1M), and Japan ($59M).

The fastest growing import markets in Cars for India between 2022 and 2023 were United Kingdom ($84.5M), Germany ($82.6M), and Slovakia ($33.3M).

COMPANIES In 2023, leading companies such as IKEA Group (33), J.C. Bamford (6), and Chicken of the Sea (5) were at the forefront of shipping Cars 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 Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$7.85B
IMPORTS (2023)$773M
NET TRADE (2023)$7.08B

In 2023, India exported $7.85B in Cars. The main destinations of India exports on Cars were Saudi Arabia ($1.45B), South Africa ($1.3B), Mexico ($922M), United Arab Emirates ($602M), and Chile ($301M).

In 2023, India imported $773M in Cars, mainly from Germany ($185M), United Kingdom ($140M), China ($97.1M), Slovakia ($64.1M), and Japan ($59M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR India WERE (2022 - 2023):
Saudi Arabia$769M (112%)
Kuwait$72.1M (150%)
Angola$55.4M (208%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY India WERE (2022 - 2023):
United States-$427M (-93.9%)
Ethiopia-$127M (-46.9%)
Nigeria-$103M (-63.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, India's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, India's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $698M
TOP IMPORT POTENTIALGermany+ $135M

Cars’s highest export potential is United States. With an export gap of $698M.   Cars’s highest import potential is Germany with an import gap of $135M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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