2022
Exports
$232MWorld Rnk 24 / 200
Flag Rnk 277 / 1212
2022
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 162 / 1025
2022
Imports
$624MWorld Rnk 7 / 220
Flag Rnk 154 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $232M in Navigation Equipment, making it the 24th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 277th most exported product in India. The main destination of Navigation Equipment exports from India are: Hungary ($110M), Israel ($54M), United States ($33.3M), Russia ($12.8M), and Singapore ($8.05M).

The fastest growing export markets for Navigation Equipment of India between 2021 and 2022 were Israel ($24.6M), Hungary ($23M), and Russia ($2.54M).

Imports In 2022, India imported $624M in Navigation Equipment, becoming the 7th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 154th most imported product in India. India imports Navigation Equipment primarily from: Israel ($281M), Vietnam ($87.5M), China ($69.8M), France ($52.2M), and South Korea ($36.9M).

The fastest growing import markets in Navigation Equipment for India between 2021 and 2022 were Israel ($147M), Vietnam ($62.7M), and South Korea ($29.4M).

COMPANIES In 2023, leading companies such as Team Hardinger (4) were at the forefront of shipping Navigation Equipment from India to the United States.

Latest Trends

Oct 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 Navigation Equipment. 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)$232M
IMPORTS (2022)$624M
NET TRADE (2022)-$392M

In 2022, India exported $232M in Navigation Equipment. The main destinations of India exports on Navigation Equipment were Hungary ($110M), Israel ($54M), United States ($33.3M), Russia ($12.8M), and Singapore ($8.05M).

In 2022, India imported $624M in Navigation Equipment, mainly from Israel ($281M), Vietnam ($87.5M), China ($69.8M), France ($52.2M), and South Korea ($36.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR India WERE (2021 - 2022):
Israel$24.6M (83.9%)
Hungary$23M (26.3%)
Russia$2.54M (24.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY India WERE (2021 - 2022):
Armenia-$23.6M (-100%)
United States-$10.7M (-24.3%)
Burma-$10.7M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Navigation Equipment were:
In 2022, India's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.4M
TOP IMPORT POTENTIALChina+ $57.8M

Navigation Equipment’s highest export potential is United States. With an export gap of $34.4M.   Navigation Equipment’s highest import potential is China with an import gap of $57.8M.

See methodology.

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