India | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of India
Records
63
Source
India | Exports of goods and services (current US$)
1652701652.7016 1960
1688401688.4017 1961
1757701757.7018 1962
2072702072.7021 1963
2104202104.2021 1964
1969760604.7879 1965
1900000000 1966
2022666666.6667 1967
2144000000 1968
2170666666.6667 1969
2361333333.3333 1970
2469914214.1547 1971
2878172457.5065 1972
3599135190.131 1973
4808415667.7867 1974
5560820024.499 1975
6868196413.1882 1976
7754701053.9386 1977
8670273695.4985 1978
10326383041.949 1979
11439539833.773 1980
11485699151.059 1981
12009417676.704 1982
12741335281.076 1983
13330716432.207 1984
12217447521.809 1985
12937864153.6 1986
15638662913.984 1987
17899838408.938 1988
20770696112.095 1989
22639774911.553 1990
22943398073.299 1991
25486029046.697 1992
27466541462.914 1993
32361287610.239 1994
39068855117.852 1995
40803004618.175 1996
44459225642.539 1997
46426465025.048 1998
52544410650.248 1999
60878396865.526 2000
60963525504.47 2001
73452725999.409 2002
90838365703.716 2003
126647719432.56 2004
160837835640.2 2005
199973922363.78 2006
253077526013.17 2007
288902044820.7 2008
273752124889.21 2009
375353514026.27 2010
447384417625.09 2011
448400477361.25 2012
472180271339.43 2013
468345815420.34 2014
416787940847.63 2015
439642578076.28 2016
498258808231.7 2017
538635186134.82 2018
529245063167.75 2019
499728529072.1 2020
677769255428.23 2021
778547052988.87 2022
India | Exports of goods and services (current US$)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Republic of India
Records
63
Source