EXPORT-IMPORT BANK OF INDIA

CATALYSING INDIAS TRADE AND INVESTMENT

Indias International Trade

Towards Increased Global Integration through Trade
Exports
15.6% (2007-2013) CAGR:

Imports
17.6%

Trade
16.8%

Indias total merchandise trade increased

over two-fold from US$ 312 bn in FY 2007 to US$ 792 bn in FY 2013
795 792

Decline in exports during 2012/2013 due

(Values in US$ bn)

to decline in global import demand

621 489 415 312 370 252 163 304 185 288 179 251 489 467 492

Trade-GDP ratio increased from 32.7% in FY 2007 to 43% in FY 2013 Exports-GDP ratio increased from 13.4% in FY 2007 to 16.3% in FY 2013
306 FY2012
300

186
126

Share of India in world merchandise export 1.6% in 2012; Rank 19 (up from 26th in 2007)
2

FY2007

FY2008

FY2009

FY2010

FY2011

FY2013

Source: Ministry of Commerce & Industry, Government of India

Indias Export: Shifting Southwards

Indias Export Market 2002-03 (US$ 53 bn) Indias Export Market 2012-13 (US$ 300 bn)

Direction of exports moving towards the Southern countries, particularly Asia, Africa & LAC
Future trade flows to be geared towards the developing nations (buttressed by GOI policies).
Source: DGCIS, MoCI
3

Indias Import: Shifting Southwards

Indias Import Sources 2002-03 (US$ 61 bn) Indias Import Sources 2012-13 (US$ 492 bn)

Direction of imports also moving towards the Southern countries, particularly Asia and Africa
Source: DGCIS, MoCI
4

Indias Major Trading Partners

Top Export Markets (FY 2013, US$ bn)
UAE USA Singapore 14 14
US$ bn

Top Import Sources (FY 2013, US$ bn)

36 36 China UAE Saudi Arabia Switzerland USA Iraq Kuwait Qatar Indonesia 17 20 24 30 34 38 54

China
US$ bn

Hong Kong Netherlands Saudi Arabia UK Germany Japan 6 7 9

12 11 10

16
15 14 Total Imports: US$ 491.9 bn
5

Total Exports: US$ 300.3 bn

Germany

Source: Ministry of Commerce & Industry, Government of India

Indias Trade Basket

Top Export Items (FY 2013, US$ bn)
PETROLEUM PROD GEMS & JEWELLARY TRANSP EQUIPM

Top Import Items(FY 2013, US$ bn)

60
PETROLEUM CRUDE

169 43 18 15 15 10 8 8 8 6
Total Exports: US$ 300.3 bn
GOLD ELECTRNC GOODS MACHRY EXCPT ELEC & ELECTRNC PERLS PRCS SEMIPRCS STONES COAL,COKE & BRIQUITTES METALIFRS ORES & METL SCRP ORGANIC CHEMICALS TRANSPORT EQUIPMENTS VEGETABLE OILS (EDIBLE)

54
31 28

MACHNRY & INSTRMnt PHRMA & FINE CHEM MANUFAC. OF METALS

RMG COTTON INCL ACCESS ELECTRONIC GOODS COTTON YARN, FABRICS INORGNC/ ORGNC/ AGRO CHEM

23
15 15 14 14
Total Imports:

11

US$ 491.9 bn
6

Source: Ministry of Commerce & Industry, Government of India

Indias Trade in Services

Total Trade in Services (US$ bn)
Exports Imports 217 Total Trade 221

Software Exports* (US$ bn)

224

CAGR: 19.6% (2006-2012) 55.5 49.7 46.3

62.2

US$ bn

158 142 118 106 90

155 133 142 144 31.3 96 84 78 80 40.3

74
44 52 52 60

23.6

FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013

* - as per latest annual data available

FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012

7

Source: Reserve Bank of India (RBI)

Indias Direct Investment Flows

Foreign Direct Investment Inflows & Outflows
FDI Inflow
41.9 37.7 34.8 US$ billion 34.8 30.9 26.9 22.8 15.1 23.1 17.1 18.0

FDI Outflow
46.6 43.9 36.9

FDI

inflow

into

India

declined

to

US$ 36.9 bn in 2012-13, as compared to US$ 46.6 bn in 2011-12, mainly due to the fall in inflows from major developed economies (UK, USA, and Germany) FDI outflow from India also declined to US$ 26.9 bn in 2012-13, against US$ 30.9 bn in 2011-12, mainly due to fall in

outflows to Mauritius and Singapore.

FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013

Note: FDI Outflows include Equity, Loan and Guarantee Issued Source: Reserve Bank of India (RBI)

Indias Foreign Direct Investment Outflows

Indias FDI Outflows FY 2013 (US$ 26.9 bn)
Regional FDI Outflows
Transpt. and communication services 7%

Sector-wise FDI Outflows

Whlsle. & ret. trade, and restaurants 12% Others 1% Manufacturing 34%

Switzerland British 3% Virgin Others Islands 11% 4% UK 5% Australia 5% Cayman Island 5% UAE 6%

Singapore 17%

Manufacturing 40%

Mauritius 16%

USA 12%

Netherlands 16%

Financial, insurance, real estate and business services 21%

Transport, storage and comm. services 15%

Fin., insrnce., real estate and bus. services 21%

9

Note: FDI Outflows include Equity, Loan and Guarantee Issued

Indias Foreign Direct Investment Inflows

Indias FDI Inflows FY 2013 (US$ 22.4 bn*)
Top FDI Investing Countries Sector-wise FDI Inflows

France UAE 3% 1% Germany 4% Cyprus 2% Netherlands 8% Japan 10%

Others 12% Others 35% Mauritius 42%

Services Sector 22%

Hotel & Tourism 14% Computer Software & Hardware 2% Power 2% Pharama 5%
Construction 6%

USA 3%
*- data is for FDI equity inflow

UK 5%

Singapore 10%

Automobile Ind. 7% Metalurgica l Ind. 7%

10

Source: DIPP

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