2022
Exports
$27.3BWorld Rnk 21 / 226
Flag Rnk 4 / 96
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$66.2BWorld Rnk 13 / 226
Flag Rnk 3 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $27.3B in Electrical machinery and electronics, making it the 21st largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 4th most exported product in India. The main destination of Electrical machinery and electronics exports from India are: United States ($5.58B), United Arab Emirates ($3.45B), United Kingdom ($1.42B), Germany ($1.28B), and Netherlands ($1.16B).

The fastest growing export markets for Electrical machinery and electronics of India between 2021 and 2022 were United States ($2.08B), Netherlands ($686M), and United Arab Emirates ($659M).

Imports In 2022, India imported $66.2B in Electrical machinery and electronics, becoming the 13th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 3rd most imported product in India. India imports Electrical machinery and electronics primarily from: China ($31.2B), Hong Kong ($7.83B), South Korea ($4.37B), Singapore ($3.68B), and Vietnam ($3.37B).

The fastest growing import markets in Electrical machinery and electronics for India between 2021 and 2022 were China ($5.01B), South Korea ($1.65B), and Ireland ($917M).

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.

Latest Trends

Aug 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 Electrical machinery and electronics. 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)$27.3B
IMPORTS (2022)$66.2B
NET TRADE (2022)-$38.9B

In 2022, India exported $27.3B in Electrical machinery and electronics. The main destinations of India exports on Electrical machinery and electronics were United States ($5.58B), United Arab Emirates ($3.45B), United Kingdom ($1.42B), Germany ($1.28B), and Netherlands ($1.16B).

In 2022, India imported $66.2B in Electrical machinery and electronics, mainly from China ($31.2B), Hong Kong ($7.83B), South Korea ($4.37B), Singapore ($3.68B), and Vietnam ($3.37B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$2.08B (59.2%)
Netherlands$686M (144%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY India WERE (2021 - 2022):
Russia-$405M (-74.9%)
China-$364M (-36.4%)
Nepal-$87.8M (-22.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Electrical machinery and electronics were:
In 2022, India's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.61B
TOP IMPORT POTENTIALChina+ $19.3B

Electrical machinery and electronics’s highest export potential is United States. With an export gap of $3.61B.   Electrical machinery and electronics’s highest import potential is China with an import gap of $19.3B.

See methodology.

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