India vs Japan: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

IndiaMetricJapan
$455.43BTotal exports$736.73B
$664.68BTotal imports$747.23B
$-209.25BTrade balance$-10.50B
$1.12TTotal trade volume$1.48T
#12Global export rank#4
#8Global import rank#5

Direct trade between India and Japan

IndiaJapan
$0
JapanIndia
$18.10B

India top exports

  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$79.55B
  • non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set$19.51B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$18.07B
  • Telephones for cellular networks or for other wireless networks$15.79B
  • of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof$11.06B

Japan top exports

  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc$41.32B
  • with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power$26.10B
  • with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc$18.65B
  • Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor devices or of electronic integrated circuits$16.02B
  • n.e.c. in heading no. 8542$15.12B

Shared top trade partners

Both countries appear as major export destinations for 4 of the same partners:

USAChinaGermanySingapore