India’s exports surge 67% in a decade from engineering goods to cereals, led by these top 10 products

NEW DELHI : Top 10 products exported from India: India’s export sector is a cornerstone of its economy, sending billions of dollars’ worth of goods around the world each year through some of the busiest ports. The range is vast, with engineering goods, pharmaceuticals, textiles, and refined petroleum making up just a fraction of what leaves the country’s shores.

Exports provide important information about investment objectives, trade patterns, and potential development sectors. In addition to the magnitude of India’s trade surplus, they provide governments, investors, and companies with a real-time indicator of the sectors propelling the country’s worldwide presence.

In 2024, India’s exports from April to December alone was a total around $602 billion. The Ministry of Commerce and Industry recently reported that total exports in 2023–2024 topped $778 billion, nearly 67 per cent higher than the $466 billion recorded a decade earlier. This increase is mostly attributable to the growth of technology-led businesses and a strong industrial foundation.

Merchandise exports were worth $437 billion, fuelled by higher output and stronger demand for electronics, engineering products, and textiles. Service exports contributed another $341 billion, led by information technology, business, and financial services.

The pharmaceutical industry has grown steadily in India, the third-largest manufacturer of medicines in the world, with export values rising from $15.07 billion in 2013–14 to around $28 billion in 2023–24. In the same time frame, agricultural shipments have more than doubled, rising from slightly over $22 billion to $48 billion.

This consistent upward trend highlights India’s growing significance in international trade and paves the way for determining its most lucrative export markets.

The United States was India’s biggest market in 2023–2024, accounting for more than 18 per cent of all merchandise exports from the country. The UAE, the Netherlands, China, and Singapore came in close behind the UK, Saudi Arabia, Bangladesh, Germany, and Italy, which made up the top 10. Fifty-one per cent of India’s entire export revenue came from these markets combined.