Back

China accounted for nearly 40% of global EV exports in 2024.

MSMEs contribute a sizeable portion to India's total exports, accounting for around 40% of export value.

India's software exports to the U.S. market were estimated at over $103 billion in FY24 (2023-24), representing a significant portion of the total $205.2 billion in India's overall software services exports for that fiscal year.

India's agricultural exports in 2022-2023 were $53.1 billion, which was 11.8% of the country's total merchandise exports.

In the fiscal year 2023-24, India's pharmaceutical exports reached USD 27.9 billion, with the US, UK, and Netherlands being the top destinations.

India's handmade carpet and rug exports reached US$ 1.39 billion in FY24 and are projected to continue growing, with the US being the largest market, accounting for approximately 40% of exports.

India's exports to the United States reached $77.5 billion in the fiscal year 2024, reflecting steady growth over the past three decades at a compound annual growth rate of 10.3%, according to a Bank of Baroda report. The key export items during FY24

India is the second-largest exporter of tea in the world, after China. India's tea exports are mostly black tea, which accounts for about 96% of the total.

India's total textile and apparel (T&A) exports to the U.S. were approximately $10.8 billion in 2024, with apparel and home textiles making up over 81.5% of this amount.

As of March 31, 2021, India had 23 crude oil refineries, with 18 state-owned, 3 privately owned, and 2 joint ventures. In 2020–21, India's refineries processed 221.37 Mt of oil.