Mineral fuels, including oil, constitute India's most significant import by volume and value, totaling over $217 billion. However, for high-profit margins (15%–50%), the most profitable imports for businesses are electronic items, machinery, renewable energy equipment, and automobile accessories.
High Demand Products to Sell in India. Apparels. Mobile Phones. Books. Luggage. Consumer Electronics. Footwear. Jewellery. Fashion Accessories. Beauty Products. Computer Accessories & Software. Toys and Games. Garden and Outdoors. Home Decor Items. Kitchenware. ...
30 EASY MACHINES TO IMPORT FROM CHINA FOR STARTING HOME BASED BUSINESS
What is India's #1 export?
1. Petroleum Products. India is a major exporter of petroleum products, including refined petroleum, naphtha, and liquefied petroleum gas (LPG). In fact, petroleum products are India's largest export, accounting for over 14% of the country's total export value.
Import duties are taxes levied on goods transported across international borders. India is known for its relatively high import duties, which average between 25 and 30%. For alcohol, cars and other luxury goods, the levies are even higher, at 40%.
As per the Foreign Trade Policy, it is mandatory to obtain IEC for export/import from India. Para 2.05 of the FTP, 2023 lays down the procedure to be followed for obtaining an IEC, which is PAN based.
From 12 April 2025, you are no longer allowed to bring cattle, sheep, goat and pig meat, as well as dairy products, from EU countries into Great Britain for personal use. This applies to raw and cured meats, cheese and milk – regardless of whether it is packed or packaged or whether it has been bought at duty free.
1. Pashmina Shawls from Kashmir. The Pashmina shawl stands as a symbol of Indian heritage that people must buy when visiting the country. People value Pashmina shawls because they combine warmth and softness along with detailed handiwork using Himalayan Pashmina goat wool.
(ii) The weight of gold (including ornaments) should not exceed 1 kg. per passenger. (iii) The passenger can either bring the gold himself at the time of arrival or import the same within fifteen days of his arrival in India as unaccompanied baggage.
The list of importers in india as of 2022 are: The major importers of Indian goods as of 2022 are: China: China is India's main import supplier, accounting for more than 15% of all imports. United Arab Emirates (UAE): accounting for more than 7% of India's imports, after China.
The top US imports from India are diamonds, medical appliances, jewellery, agricultural products, refined petroleum and rice. As per US import data, the country imported $3,112.4 billion worth of goods, a 3.6% drop from 2022.
India's top exports in 2026 are electronics, pharma, petroleum, gems & jewellery, machinery, chemicals, textiles, agro products, leather, and toys/homeware. Key markets include USA, UAE, UK, Germany, and Hong Kong. Export growth is supported by government incentives, PLI schemes, and rising global demand.
The United States, China, and the United Arab Emirates are India's three biggest trading partners. The US is also India's biggest partner overall and the place where it sends the most goods. Saudi Arabia, Iraq, and Russia are some of the energy suppliers that India depends on for commerce.
Reliance Industries, considered the major exporters in India, or biggest export company in India. Also, it exports petroleum products, including chemicals, polymers, and refined fuels.
The United States is the world's largest importer of goods, followed by China and Germany. Overall out of the world's 10 largest importers, 4 countries are in Europe, 4 are in Asia and 1 from North America and 1 from Central America.
