Electrical machinery and electronics in   India

Exports In 2023, India exported $40.4B in Electrical machinery and electronics, making it the 17th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most exported product in India. The main destination of Electrical machinery and electronics exports from India are: United States ($12B), United Arab Emirates ($5.21B), Hong Kong ($2.35B), United Kingdom ($2.29B), and Germany ($1.58B).

The fastest growing export markets for Electrical machinery and electronics of India between 2022 and 2023 were United States ($5.97B), Hong Kong ($1.59B), and United Arab Emirates ($1.21B).

Imports In 2023, India imported $76B in Electrical machinery and electronics, becoming the 12th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 2nd most imported product in India. India imports Electrical machinery and electronics primarily from: China ($45.2B), South Korea ($4.93B), Chinese Taipei ($4.38B), Vietnam ($4.04B), and Japan ($2.42B).

The fastest growing import markets in Electrical machinery and electronics for India between 2022 and 2023 were China ($18.2B), Chinese Taipei ($1.83B), and Malaysia ($1.1B).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (513), Vestas (466), and Signify Lighting (357) were at the forefront of shipping Electrical machinery and electronics from India to the United States.