How to Export Products from India
India opened its markets starting 1990-91, there has been an exponential rise in the country’s foreign trade exposure – exports have increased more than 16 times and imports more than 19 times. In FY 2020-21, India’s imports and exports stood at US$394.43 billion and US$291.80 billion, respectively.
Profitable Products
Exporting from India:
| Items | Values in US$ Billion (FY 2020-21) | Values in US$ Billion (FY 2019-20) |
| Minerals fuels, including oil | 26.9 | 27.6 |
| Gems, precious metals | 26.1 | 24.5 |
| Pharmaceuticals | 19.4 | 18.4 |
| Mechanical Appliances | 18.95 | 18 |
| Organic chemicals | 17.95 | 17.4 |
| Electric machinery | 14.2 | 13.5 |
| Vehicles | 13.6 | 13 |
| Iron and steel | 12.1 | 10.6 |
| Cereals | 10.1 | 8.7 |
| Plastic, plastic articles | 6.8 | 6.6 |
India’s Top Export Destinations:
| Countries | Values in US$ (FY 2020-21) | Values in US$ (FY 2019-20) |
| USA | 23.3 | 30.5 |
| China | 8.8 | 57.8 |
| UAE | 8.7 | 25.8 |
| Singapore | 4.45 | 12.2 |
| Bangladesh | 4.19 | 10.9 |
| Hong Kong | 4.03 | 14.6 |
| UK | 3.12 | 8.7 |
| Belgium | 2.99 | 8.26 |
Germany | 2.90 | 8.29 |
| Netherland | 2.89 | 7.16 |
| Saudi Arabia | 2.78 | 23.0 |
| Indonesia | 2.75 | 12.8 |
Documents Required for Exporting Products from India:
1. Road / dispatch challan / transit pass
2. Bill of lading
3. Certificate of origin
4. Commercial invoice
5. Foreign currency exchange form
6. Customs export declaration
7. Packing list
8. Technical standard certificate
9. Terminal handling receipts
10. Clearance from Handicraft Export Council (for wooden handicrafts)
11. Customs clearance
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