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$)
1960 1652701652.7016
1961 1688401688.4017
1962 1757701757.7018
1963 2072702072.7021
1964 2104202104.2021
1965 1969760604.7879
1966 1900000000
1967 2022666666.6667
1968 2144000000
1969 2170666666.6667
1970 2361333333.3333
1971 2469914214.1547
1972 2878172457.5065
1973 3599135190.131
1974 4808415667.7867
1975 5560820024.499
1976 6868196413.1882
1977 7754701053.9386
1978 8670273695.4985
1979 10326383041.949
1980 11439539833.773
1981 11485699151.059
1982 12009417676.704
1983 12741335281.076
1984 13330716432.207
1985 12217447521.809
1986 12937864153.6
1987 15638662913.984
1988 17899838408.938
1989 20770696112.095
1990 22639774911.553
1991 22943398073.299
1992 25486029046.697
1993 27466541462.914
1994 32361287610.239
1995 39068855117.852
1996 40803004618.175
1997 44459225642.539
1998 46426465025.048
1999 52544410650.248
2000 60878396865.526
2001 60963525504.47
2002 73452725999.409
2003 90838365703.716
2004 126647719432.56
2005 160837835640.2
2006 199973922363.78
2007 253077526013.17
2008 288902044820.7
2009 273752124889.21
2010 375353514026.27
2011 447384417625.09
2012 448400477361.25
2013 472180271339.43
2014 468345815420.34
2015 416787940847.63
2016 439642578076.28
2017 498258808231.7
2018 538635186134.82
2019 529245063167.75
2020 499728529072.1
2021 677769255428.23
2022 778547052988.87

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