India Trade to GDP Ratio 1960-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • India trade to gdp ratio for 2021 was 45.29%, a 7.48% increase from 2020.
  • India trade to gdp ratio for 2020 was 37.81%, a 2.16% decline from 2019.
  • India trade to gdp ratio for 2019 was 39.96%, a 3.65% decline from 2018.
  • India trade to gdp ratio for 2018 was 43.62%, a 2.87% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Vietnam 186.47%
Lesotho 132.23%
Cambodia 132.21%
Mongolia 119.10%
Kiribati 108.49%
Kyrgyz Republic 108.39%
Nicaragua 106.23%
Georgia 102.82%
Mauritania 100.39%
Honduras 100.38%
Timor-Leste 100.17%
Kosovo 98.64%
Republic of Congo 95.61%
Tunisia 94.35%
Micronesia 93.51%
Eswatini 90.97%
Moldova 88.61%
Zambia 85.99%
Bhutan 84.56%
El Salvador 84.37%
Cabo Verde 82.63%
Ukraine 82.62%
Morocco 74.95%
West Bank and Gaza 74.43%
Uzbekistan 63.88%
Philippines 63.50%
Solomon Islands 63.34%
Angola 60.47%
Bolivia 59.02%
Ghana 58.43%
Vanuatu 53.20%
Myanmar 53.10%
India 45.29%
Sri Lanka 41.06%
Indonesia 40.42%
Cameroon 37.07%
Egypt 31.37%
Kenya 30.67%
Bangladesh 27.72%
Pakistan 27.05%
Nigeria 22.58%
Sudan 4.13%
India Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 45.29% 7.48%
2020 37.81% -2.16%
2019 39.96% -3.65%
2018 43.62% 2.87%
2017 40.74% 0.66%
2016 40.08% -1.84%
2015 41.92% -7.00%
2014 48.92% -4.92%
2013 53.84% -1.95%
2012 55.79% 0.17%
2011 55.62% 6.37%
2010 49.26% 2.98%
2009 46.27% -7.10%
2008 53.37% 7.68%
2007 45.69% -0.04%
2006 45.72% 3.72%
2005 42.00% 4.50%
2004 37.50% 6.91%
2003 30.59% 1.08%
2002 29.51% 3.52%
2001 25.99% -0.91%
2000 26.90% 2.09%
1999 24.82% 1.12%
1998 23.70% 1.08%
1997 22.62% 0.69%
1996 21.93% -0.94%
1995 22.87% 2.79%
1994 20.08% 0.43%
1993 19.65% 1.22%
1992 18.43% 1.45%
1991 16.99% 1.48%
1990 15.51% 0.34%
1989 15.17% 1.68%
1988 13.49% 0.91%
1987 12.58% 0.37%
1986 12.22% -0.68%
1985 12.90% -1.11%
1984 14.01% 0.32%
1983 13.69% -0.44%
1982 14.13% -0.38%
1981 14.51% -0.88%
1980 15.38% 0.47%
1979 14.92% 2.02%
1978 12.90% 0.25%
1977 12.65% -0.15%
1976 12.80% 0.51%
1975 12.29% 1.44%
1974 10.85% 1.92%
1973 8.93% 1.20%
1972 7.74% 0.07%
1971 7.67% 0.01%
1970 7.66% -0.08%
1969 7.74% -1.24%
1968 8.98% -1.00%
1967 9.98% -0.83%
1966 10.81% 2.30%
1965 8.52% -0.89%
1964 9.41% -0.78%
1963 10.19% -0.01%
1962 10.20% -0.06%
1961 10.26% -1.04%
1960 11.30% -1.04%