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Export-Import Business | India’s Major Export Products (HS Code wise)

Export-Import Business


            India, a nation with many different cultures, a long history, and lively traditions, is a major force in the world economy. Export-Import Business is essential to the nation’s economic development and the establishment of its position on the global stage. India’s main exports, which range from services in cutting-edge information technology to textiles to Agriculture that have graced the world for centuries, show its broad talents and entrepreneurship. We may Learn Export-Import Business to better understand how this sector operates and help India’s economy expand.

India exports goods worth $422 billion in 2021–2022 and $447 billion in 2022–2023, respectively.

The import of services was $ 254 billion in 2021–2022 and rose to $322 billion in 2022–2023.

India’s total import for the years 2021–2022 was $ 676 US billion and $ 770 US billion, in 2022-2023.

Top countries India Export To:

India’s main import partners include The USA, UAE, CHINA, SAUDI ARABIA, INDONESIA, SINGAPORE and other countries

India Export to CountriesValue In CrYear
U S A630,1522022- 23
UAE253,8522022- 23
NETHERLAND174,4092022- 23
CHINA122,7732022- 23
BANGLADESH97,6862022- 23

Harmonized System of Nomenclature ( For Export )

India’s foreign trade numbers are big and they are growing. However, it is essential to understand which commodities or product categories are doing well. So let’s look at India’s HSN Code wise export numbers –

NoHSN CodeTop ProductsValueTop Countries
101,02,03,04,05Live Animals, Edible Meat, Fish And Crustaceans, Dairy Produce,88,094 CrMALAYSIA UAE USA
206,07,08,09,10,11,12, 13,14Live Trees And Other Plants, Edible Vegetables, Edible Fruit And Nuts, Coffee, Tea, Oil Seeds And Oleaginous Fruits203,316 CrUSA UAE SAUDI ARABIA
315Animal, Vegetable Or Microbial Fats And Oils And Their Cleavage Products; Prepared Edible Fats; Animal Or Vegetable Waxes16,581 CrCHINA NETHERLAND USA
416,17,18,19,20,21,22,23,24Sugars, Cocoa, Preparations Of Meat, Of Fish, Preparations Of Vegetables, Fruit, Nuts, Preparations Of Cereals, Flour, Starch Or Milk, Beverages, Spirits And Vinegar, Tobacco114,869 CrUSA SUDAN INDONESIA UAE
525,26,27Salt, Sulphur, Earths And Stone, Plastering Materials, Ores, Slag And Ash, Mineral Fuels, Mineral Oils857,639 CrCHINA BANGLADESH NETHERLAND
628,29,30,31,32,33,34,35,36, 37,38Inorganic Chemicals, Organic Chemicals, Pharmaceutical Products, Fertilisers, Essential Oils, Photographic Or Cinematographic Goods, Pyrotechnic Products, Perfumery, Cosmetic Or Toilet Preparations480,515 CrUAE USA NEPAL CHINA
739,40Plastics, Rubber99,113 CrUSA, GERMANY UAE
841,42,43Raw Hides And Skins, Leather, Saddlery And Harness, Handbags, Furskins24,677 CrITALY USA GERMANY
944,45,46Wood And Articles Of Wood, Wood Charcoal, Cork And Articles Of Cork, Manufactures Of Straw,  Basketware And Wickerwork.5,668 CrUSA UAE UK
1047,48,49Pulp Of Wood, Paper And Paperboard, Paper Pulp, Printed Books, Products Of The Printing Industry26,776 CrCHINA UAE USA
1150,51,52,53,54,55,56,57,58, 59,60, 61,62,63Silk, Wool, Fine, Animal Hair, Vegetable Textile Fibres, Man-Made Textile Materials, Carpets, Tufted Textile Fabrics.286,089 CrUAE ITALY BANGLADESH TURKEY USA  
1264,65,66,67Footwear, Gaiters, Headgear, Umbrellas,  Walking-Sticks, Prepared Feathers, Artificial Flowers28,612 CrUSA PHILIPPINES FRANCE
1368,69,70Articles Of Stone, Plaster, Cement, Asbestos, Mica Or Similar Materials, Ceramic Products, Glass And Glassware46,340 CrUSA UAE  
1471Natural Or Cultured Pearls, Precious Or Semi-Precious Stones, Precious Metals, Metals Clad With Precious Metal And Articles Thereof, Imitation Jewellery305,758 CrU S A HONG KONG UAE
1572,73,74,75,76,77,78,79,80, 81,82, 83Iron And Steel, Copper, Nickel, Aluminium, Lead, Zinc, Tin, Tools, Implements, Cutlery, Spoons And Forks.303,033 CrITALY USA CHINA KOREA UAE
1684,85Nuclear Reactors, Boilers, Machinery And Mechanical Appliances, Electrical Machinery And Equipment, Television Image And Sound Recorders451,446 CrUSA GERMANY UAE  
1786,87,88,89Railway Or Tramway Locomotives, Track Fixtures, Aircraft, Spacecraft, Ships, Boats And Floating.217,409 CrAUSTRALIA USA SINGAPORE
1890,91,92Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Surgical Instruments, Clocks, Watches, Musical Instruments39,554 CrUSA SWITZERLAND GERMANY
1993Arms And Ammunition2,550 CrISRAEL U S A MYANMAR
2094,95,96Furniture,  Mattresses, Luminaries And Lighting Fittings, Toys, Games And Sports,29,606 CrUSA U K UAE
2197Pieces And Antiques1,089 CrFRANCE U K U S A

Potential in Export Business

Looking at the above numbers it is very evident that the Export-Import Business is a scalable business and the sky is the limit for numbers. The government of India has set an export target of $ 1 Trillion. It means India must try to sell more products to more countries. To achieve the target government is improving the infrastructure of seaports and roads, ICDs, and Airports and offering many export promotion schemes like RoDTEP. Also, there are no taxes on exports, you can claim refunds. Hence new entrepreneurs must explore Export-Import Business business instead of competing with other Indians in local businesses.

Export-Import Business

Nowadays Export-Import Business is Rising In India. India Is Exporting Many Products To Other Countries. India is playing a major role in export. In today’s Market, there is rising demand for Export-Import Business. India is playing the best role in Export-Import Business.

November 8, 2023
Import Export Federation