Merchandise exports to high-income economies in India
India: Merchandise exports to high-income economies was 64.8% in 2023. ▼ Falling
Merchandise exports to high-income economies in India, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to high-income economies in India stood at 64.8%.
Compared with earlier readings it is up 3.6% on the previous year and up 1.3% over ten years.
Over the whole period, merchandise exports to high-income economies in India peaked at 91.1% in 1989 and was at its lowest, 61.0%, in 2020.
That places India 106th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in India, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 77.8% | — |
| 1961 | 78.3% | +0.7% |
| 1962 | 78.8% | +0.6% |
| 1963 | 81.9% | +3.9% |
| 1964 | 80.1% | -2.2% |
| 1965 | 78.9% | -1.5% |
| 1966 | 80.3% | +1.7% |
| 1967 | 82.8% | +3.2% |
| 1968 | 81.9% | -1.1% |
| 1969 | 79.2% | -3.3% |
| 1970 | 75.8% | -4.4% |
| 1971 | 76.8% | +1.4% |
| 1972 | 77.4% | +0.8% |
| 1973 | 79.3% | +2.4% |
| 1974 | 75.1% | -5.3% |
| 1975 | 68.6% | -8.7% |
| 1976 | 77.7% | +13.3% |
| 1977 | 78.6% | +1.1% |
| 1978 | 77.5% | -1.3% |
| 1979 | 79.1% | +2.0% |
| 1980 | 78.4% | -0.8% |
| 1981 | 76.7% | -2.2% |
| 1982 | 82.8% | +7.9% |
| 1983 | 84.0% | +1.4% |
| 1984 | 84.8% | +0.9% |
| 1985 | 86.4% | +1.9% |
| 1986 | 88.4% | +2.2% |
| 1987 | 89.2% | +1.0% |
| 1988 | 88.8% | -0.5% |
| 1989 | 91.1% | +2.6% |
| 1990 | 86.6% | -4.9% |
| 1991 | 84.3% | -2.7% |
| 1992 | 82.2% | -2.5% |
| 1993 | 80.9% | -1.6% |
| 1994 | 82.8% | +2.4% |
| 1995 | 79.6% | -3.9% |
| 1996 | 78.1% | -1.9% |
| 1997 | 79.1% | +1.3% |
| 1998 | 80.1% | +1.3% |
| 1999 | 81.4% | +1.5% |
| 2000 | 78.9% | -3.0% |
| 2001 | 75.2% | -4.7% |
| 2002 | 73.1% | -2.7% |
| 2003 | 71.4% | -2.4% |
| 2004 | 70.1% | -1.8% |
| 2005 | 70.0% | -0.1% |
| 2006 | 68.3% | -2.5% |
| 2007 | 65.7% | -3.8% |
| 2008 | 67.7% | +3.0% |
| 2009 | 68.3% | +0.9% |
| 2010 | 65.3% | -4.4% |
| 2011 | 67.0% | +2.6% |
| 2012 | 65.9% | -1.7% |
| 2013 | 63.9% | -2.9% |
| 2014 | 62.1% | -2.9% |
| 2015 | 64.8% | +4.4% |
| 2016 | 66.5% | +2.5% |
| 2017 | 65.0% | -2.3% |
| 2018 | 63.1% | -2.9% |
| 2019 | 62.8% | -0.4% |
| 2020 | 61.0% | -2.8% |
| 2021 | 61.2% | +0.3% |
| 2022 | 62.5% | +2.0% |
| 2023 | 64.8% | +3.6% |
India compared with similar countries
- India's 64.8% is above the median for lower middle income countries, which is 51.0%, 1.3× the median. (47 countries reporting)
- India's 64.8% is above the median for South Asia, which is 49.9%, 1.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 80.0% | 77.8% | 82.8% | 10 |
| 1970s | 76.6% | 68.6% | 79.3% | 10 |
| 1980s | 85.1% | 76.7% | 91.1% | 10 |
| 1990s | 81.5% | 78.1% | 86.6% | 10 |
| 2000s | 70.9% | 65.7% | 78.9% | 10 |
| 2010s | 64.6% | 62.1% | 67.0% | 10 |
| 2020s | 62.4% | 61.0% | 64.8% | 4 |
Countries ranked near India
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Food exports 11.1% (2024)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1126 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.5401 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in India?
- Merchandise exports to high-income economies in India was 64.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in India?
- The highest recorded value was 91.1% in 1989.
- What is the lowest merchandise exports to high-income economies recorded in India?
- The lowest recorded value was 61.0% in 2020.
- How does India rank for merchandise exports to high-income economies?
- India ranks 106th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in India?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.