2022
Exports
$29.6BWorld Rnk 20 / 226
Flag Rnk 3 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$52.9BWorld Rnk 13 / 226
Flag Rnk 4 / 96
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $29.6B in Machinery, mechanical appliances, & parts, making it the 20th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 3rd most exported product in India. The main destination of Machinery, mechanical appliances, & parts exports from India are: United States ($6.68B), Germany ($1.68B), United Kingdom ($1.11B), Thailand ($1.1B), and United Arab Emirates ($1.03B).

The fastest growing export markets for Machinery, mechanical appliances, & parts of India between 2021 and 2022 were United States ($1.64B), Mexico ($236M), and Singapore ($228M).

Imports In 2022, India imported $52.9B in Machinery, mechanical appliances, & parts, becoming the 13th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 4th most imported product in India. India imports Machinery, mechanical appliances, & parts primarily from: China ($22.1B), Germany ($4.35B), Singapore ($3.01B), United States ($2.84B), and Japan ($2.51B).

The fastest growing import markets in Machinery, mechanical appliances, & parts for India between 2021 and 2022 were China ($2.6B), Germany ($409M), and United States ($387M).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (1.46k), Cummins (1.21k), and J.C. Bamford (1.06k) were at the forefront of shipping Machinery, mechanical appliances, & parts 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 Machinery, mechanical appliances, & parts. 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)$29.6B
IMPORTS (2022)$52.9B
NET TRADE (2022)-$23.3B

In 2022, India exported $29.6B in Machinery, mechanical appliances, & parts. The main destinations of India exports on Machinery, mechanical appliances, & parts were United States ($6.68B), Germany ($1.68B), United Kingdom ($1.11B), Thailand ($1.1B), and United Arab Emirates ($1.03B).

In 2022, India imported $52.9B in Machinery, mechanical appliances, & parts, mainly from China ($22.1B), Germany ($4.35B), Singapore ($3.01B), United States ($2.84B), and Japan ($2.51B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$1.64B (32.6%)
Mexico$236M (60.3%)
Singapore$228M (30%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY India WERE (2021 - 2022):
Nepal-$162M (-24.9%)
Sri Lanka-$142M (-54.5%)
Japan-$129M (-21.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Machinery, mechanical appliances, & parts were:
In 2022, India's main importing competitors in Machinery, mechanical appliances, & parts were:

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Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.41B
TOP IMPORT POTENTIALChina+ $13.8B

Machinery, mechanical appliances, & parts’s highest export potential is United States. With an export gap of $3.41B.   Machinery, mechanical appliances, & parts’s highest import potential is China with an import gap of $13.8B.

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