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.