(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
India: Trade balance, billion USD
, 1975 - 2019:
For that indicator, we provide data for India from 1975 to 2019. The average value for India during that period was -28.7 billion U.S. dollars with a minimum of -136.06 billion U.S. dollars in 2012 and a maximum of 0.96 billion U.S. dollars in 1977.
The latest value from 2019 is -73.45 billion U.S. dollars. For comparison, the world average in 2019 based on 155
countries is 2.66 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.