India Imports from United Kingdom (2024)

FAQs

What does India import from United Kingdom? ›

The main products that United Kingdom exported to India are Scrap Iron ($639M), Scrap Aluminium ($382M), and Crude Petroleum ($379M). During the last 27 years the exports of United Kingdom to India have increased at an annualized rate of 3.56%, from $2.45B in 1995 to $6.3B in 2022.

Total trade in goods and services (exports plus imports) between the UK and India was £38.1 billion in the four quarters to the end of Q3 2023, an increase of 8.7% or £3.0 billion in current prices from the four quarters to the end of Q3 2022.

The largest portion of India's imports originated from China, representing more than 15 percent of the total imports in the financial year 2022, with the United Arab Emirates following at over seven percent.

This statistic depicts the value of trade goods exported from the United Kingdom to India annually from 2012 to 2022. UK exports of trade goods to India were worth around 10.14 billion U.S. dollars in 2022.

In January 2024 the top imports of India from United Kingdom were Iron And Steel ($112M), Cosmetics And Toiletries ($58.1M), Electric Machinery And Equipme ($53.8M), Alcoholic Beverages ($27.5M), and Aluminium, Products Of Aluminm ($26.5M).

The number of commodities imported to India has significantly enhanced, and the trade market is now increased with the number of imports. India's top import products contain Mineral fuels including oil, Gems, precious metals, Electrical machinery, equipment, Machinery including computers and organic chemicals.

These figures include trade in goods and commodities, but do not include services or foreign direct investment. The two largest goods traded by India are mineral fuels (refined / unrefined) and gold (finished gold ware / gold metal).

In fact, petroleum products are India's largest export, accounting for over 14% of the country's total export value by Export import data in India. The country's location in the Middle East, along with its strategic refining capabilities, makes it a major player in the global oil trade.

The biggest importer in India is China, accounting for more than 15% of total imports in fiscal year 2022, with the United Arab Emirates coming in second at more than 7%. During the same period, India's primary export destination was the United States.

What are the top 5 most imported items in India? ›

Exports The top exports of United Kingdom are Gold ($32.1B), Cars ($29.4B), Gas Turbines ($29.2B), Crude Petroleum ($26.3B), and Packaged Medicaments ($20.3B), exporting mostly to United States ($61.8B), Netherlands ($41.9B), Germany ($40.6B), China ($35.4B), and Ireland ($32.6B).

The top products that the UK imports from India include a variety of items such as engineering goods, pharmaceuticals, gems and jewelry, fabrics like cotton, electronic devices, chemicals, plastics, iron, steel, food items like coffee, tea, spices as well as leather goods.

In 2020, of the $50.2 billion in U.S. imports from the United Kingdom, the top commodity sectors were Chemicals, Plastics, Leather products (22.9%), Machinery and Mechanical Appliances (21.4%) and Transportation Equipment (18.3%).