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List of Top 10 Products Exported From India

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Details About the Top 10 Products Exported From India

The export market in India has managed to get a boost in the Indian Economy for the past couple of years. The Export activities tend to contribute about 4% of the entire gross economic output in the country. India is responsible for exporting most of the essential products to foreign countries and markets. All of this has led to a growth in the Indian Export Market and hence has contributed to the economy of the country as well. So, during these times, one might wonder, what are these products that are being exported from India? Well, the list of top 10 products exported from India will clear all the doubts. 


What are the Top 10 Commodities Exported By India?

Some of the major products that are exported from India include jewellery, pharmaceuticals, petroleum products, and much more. From the top 10 imported chemicals in India to the top 10 coffee exporters in India, there is a lot to know about the export and import activities of the country. So, we are going to mention a list of top products that are being exported from India to other countries in the best way. 


1. Jewellery

When it comes to Jewelry, it is considered to be one of the top products that are exported from the country of India to other foreign countries. The term jewellery will include gemstones, gold, diamond, and other materials that constitute the entire group. The jewellery sector of our country has support from government policies and banks as well. Hence, the market for such products didn’t decline over the years. In the year 2016, India managed to export about USD 42.29 billion worth of jewellery to foreign countries. About 31% of the entire section of jewellery gets exported to the United Arab Emirates. So, there is no doubt that apart from the top 10 coffee exporters in India, jewellery exporters are also contributing a lot. 


2. Petroleum Products

Refined petroleum, as well as petroleum products, tend to be one of the most exported products from our country. The section includes the preparation of medium oils, light oils, and other petroleum-related products, as well as bituminous minerals. India greatly depends on the export activities regarding oil-based products. This is due to the fact that oil-based products tend to boost the economy of the country in the best way. India managed to export about USD 27 billion worth of petroleum products, and that too in the year 2016. Companies such as Bharat Petroleum, Hindustan Petroleum, and ONGC are some of the few contenders of the entire petroleum sector in the Indian market. 


3. Automobiles

Automobiles and car-related products are third on the list when we are talking about the list of top 10 products exported from India. Over the last few years, there has been a significant amount of growth in the entire export market due to the exporting activities of automobiles. India is known to be a very big steel producer in the entire world, and hence it largely makes investments in the exporting of automobile goods in the best way. India exports these motor cars to other countries that are all over the world. This is also something that has led to the increase in the economy of India for a very long time. 


4. Machinery

Another one of the larger industries that tend to have a very important role to play in increasing the economy of our country would have to be the Machinery industry. This is the industry that tends to maintain as well as produce different types of machinery for several of the other industries as well as the companies that are included in the economy. The increase in the level of export-related machinery in India is also another main reason for the increase in the economy of the country. Machinery can include appliances, pumps, heavy equipment, mechanical appliances, agricultural equipment, and so much more. India exports most of its machinery to the USA, which is the largest market for the products provided by India in terms of this particular product. So, when it comes to mentioning the top export products other than the top 10 leather exporters in India, machinery is one of them. 


5. Pharmaceuticals

When it comes to the pharmaceutical industry of the country, the overall rank of this section in the value of world exports is 10th. This means our country is able to benefit a lot from the exporting of pharmaceuticals for sure. Whole in the global market, the share held by India in the exporting of pharmaceuticals is just 2%, and there are hopes for an increase in the future. The United States of America tends to be the biggest market for the export of pharmaceuticals from India. There is no doubt that this industry is also booming in India due to the major rise in the Indian economy. 


6. Organic Chemicals

The industry of organic chemicals is also witnessing a boom due to the increase in demand from foreign markets. Organic chemicals can include hydrogen, nitrogen, and some of the other elements as well. India stands at 11th place when it comes to activities involving the exporting of chemicals. The top 10 imported chemicals in India are definitely gaining a lot of popularity due to their increase in demand for sure. China, the USA, and Germany seem to be the major markets where India exports the organic chemicals that are produced in the companies of the home country. 


7. Textiles

The industry of textiles can be considered as the trump card for India when we are talking about export. It is basically the only industry that has employment opportunities for both the non-skilled as well as skilled individuals in the country. Not to mention that it highly benefits the economic growth of India because this is a sector that is widely popular amongst the common folk as well. The United States of America, the United Arab Emirates, as well as the United Kingdom are some of the major names when we are talking about the importers of textiles from India.

 

8. Electronics

In the case of electricals and other electronic equipment, India is just seen as a country that imports the products from other countries. However, India’s electronics industry is currently seeing a lot of success in a silent manner for the past few years. There are demands for electronic items from other countries, and that is due to the export quality and authenticity of materials used in the domestic companies of India. Apart from that, the technological improvements made in the companies, as well as the cost-effectiveness, proves to be a great factor when it comes to the increase in the economy of India due to the Electronics sector. 


9. Iron and Steel

Our country is considered to be one of the largest producers of steel in the entire world. Most of the steel and iron products are produced from the iron ores that are present in the country. Also, there are many reputed producers of such metals, such as Bhilai Iron and Steel Centre, TISCO, IISCO, and many others. These companies tend to play a very important role in the exporting of steel and iron products to other countries. There has been a significant amount of rising in the exporting activities of iron and steel from India. 


10. Cereals

Indian economy sees exponential growth in the economy due to the exporting of cereals as well. Our country is known to be the 2nd largest rice producer in the world. It can be said without a single speck of doubt that India is basically a country that is agriculturally driven. Hence, the economy depends a lot on the production of cereals. Countries such as the United Arab Emirates, Saudi Arabia, Iraq, and Iran are the ones that rely mostly on India for the exporting of cereals. 

So, this is the list of the top 10 commodities exported by India. We hope that this article is able to provide you with all the information that you need. 

FAQs on List of Top 10 Products Exported From India

1. Mention Any of the Top 4 Products that are Largely Exported From India.

Ans. We all know that India is responsible for the exporting of different goods and products. These activities of exporting are the major factor for the increase in the economy of the country. Some of the major products that are largely exported from India to other countries include petroleum products, jewellery, textile, and machinery. These are the four products that tend to bring the most economic growth for the country after being exported to other countries. The goods produced by these sectors have a very high demand in other countries and hence are extremely popular export products as well. 

2. Suggest the Importance of Export in India.

Ans. When it comes to the export activities of any country, there is no doubt that it is essential for the economic growth of the country in the best way. With the help of exporting activities, there is no doubt that the country will be able to bring more business and global presence. Hence, it is important for a country like India to ensure that its export activities are being handled in the best way. With the help of the important sectors in the country, India is able to export a lot of products in the best way. That is one of the main reasons why India is considered to be one of the countries with the best export business for sure.