EXIM Landscape
List of Most Exported Products from India
In this article, we will focus on interesting facts that will inspire aspiring exporters; help recently launched export businesses diversify, and help you better understand the market. As the title suggests, we will focus on the most exported products from India. This information will help you better understand the export segment.
Once you understand India's major exports and which products are best for exports, the next critical step is understanding export payment terms to establish your finances well. The next logical steps would include understanding GST on foreign remittance and the IEC registration process.
When you study India’s exports, there is a wide variety of products and services and the role of HSN codes, but you must match your business capabilities with the most exported products. For instance, if your business expertise lies in software services, you can go for it, as it figures among the most exported products from India to the USA.
Let’s look at the list of most exported goods from India without much ado.
A list of India’s most exported products
Agricultural produce
Agriculture is one of India’s economic pillars, and, logically, agricultural produce would be exported. Here are some of the main exports from this sector, majorly to markets in the USA, Southeast Asia, and the Middle East.
- Spices like turmeric, black pepper, cardamom, etc
- Tea and coffee, including some premium varieties of both
- Lots of rice varieties, including non-basmati and basmati
Textiles and garments
Another sector that has put India on the map is expertise in producing some of the best cotton, silks, and knitwear. The main markets in this sector include Europe, the USA, and the Middle East.
- Cotton cloth and readymade garments
- Silk cloth and knitwear garments
- Manmade fabrics and garments
Petroleum-related goods
The main markets in this sector are Southeast Asia, the USA, and the UAE. The products exported are as given below.
- Refined petroleum
- Diesel and other fuels
Engineering products
With an ever-growing population of qualified engineers and immense expertise among the aging population, it is no surprise that engineering goods are among the highest exports. The markets in this sector include Germany, the UK, and the USA.
- Automobiles and automobile-related parts
- Machinery and electrical equipment
Precious stones and jewelry
India has been working on precious metals and stones since ancient times, realizing their monetary and other benefits and producing some of the finest jewelry pieces. This expertise has also spilled over to a burgeoning market in imitation jewelry. The markets for artificial and precious jewelry include the USA, the UAE, and Hong Kong.
- Gold and silver jewelry
- Cut and polished diamonds
- Imitation jewelry
Pharmaceuticals
Expertise in producing and selling medicines from natural sources has set the foundation for India to move on to allopathic medicine production. It is natural for it to be among exported products. The markets for pharmaceuticals include Africa, Europe, and the USA.
- Generic medicines
- Active pharmaceutical ingredients or API
Leather goods
We are also proud of the Indian leather industry, and processing leather to make exceptional leather products has served us well. Indian exporters serve the main markets in Europe and the USA.
- Shoes and other footwear
- Handbags and other type of bags
- Other leather products
Information technology (IT) and software
Recently, Indians have made us proud by becoming experts in software products and IT-related services. Thus, IT and software services have become a significant export market. Our main markets include Australia, the UK, and the USA.
- Software solutions
- IT consultancy and outsourcing services
Chemical products
India has also impacted this sector, and the countries we export mainly to include Europe, the USA, and China.
- Organic and inorganic chemicals
- Dyes and pigments
Seafood
India is blessed with water bodies along its borders, and these coastal resources help us harvest many varieties of seafood. Our major export markets include Japan, the USA, and China.
- Fish of different varieties
- Shrimp and other marine products
Automobiles and related components
India’s expertise in engineering has spread to two-wheel vehicles and automobiles. Our main markets for exporting these products include Southeast Asia, Africa, and Latin America.
- Cars, automobiles, and related parts
- Motorbikes
Steel and iron goods
As a natural progression from engineering and automobile products, another area for export includes iron and steel products. Primary export markets include the USA, China, and the UAE.
- Raw and finished steel and iron products
Setting up the proper support for back-office operations is critical regardless of which product you plan to export. LeRemitt can help. Want to learn how we can help? Click here to contact our expert team!
