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 2022 was 49.37%, a 3.71% increase from 2021.
  • India trade to gdp ratio for 2021 was 45.67%, a 7.86% increase from 2020.
  • India trade to gdp ratio for 2020 was 37.80%, a 2.1% decline from 2019.
  • India trade to gdp ratio for 2019 was 39.91%, a 3.71% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Cambodia 162.41%
Mongolia 144.95%
Mauritania 124.17%
Georgia 115.92%
Nicaragua 115.18%
Republic of Congo 111.63%
Moldova 110.89%
Kosovo 109.28%
Tunisia 107.40%
Honduras 105.92%
Micronesia 101.36%
Morocco 98.65%
Cabo Verde 95.50%
Ukraine 87.71%
El Salvador 86.80%
West Bank and Gaza 85.90%
Solomon Islands 73.73%
Philippines 72.42%
Myanmar 72.37%
Uzbekistan 71.58%
Vanuatu 69.67%
Zambia 65.59%
Ghana 52.55%
India 49.37%
Sri Lanka 46.52%
Indonesia 45.39%
Cameroon 39.91%
Egypt 36.98%
Bangladesh 33.78%
Kenya 33.73%
Pakistan 32.32%
Sudan 2.70%
India Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 49.37% 3.71%
2021 45.67% 7.86%
2020 37.80% -2.10%
2019 39.91% -3.71%
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%