Economic Survey 2019-20 mentions that Petroleum products contribute around 14% of the total export of India. The value of Petroleum products in the total Indian export is around US$ 46.54 billion.
This article is showing the sector-wise share and growth rate of export in the financial year 2018-19.
Sector | Share in Export (%) 2018-19 | Value of Goods (US$ ) |
1. Petroleum products | 14.10 | 46.54 |
2. Pearls, precious and semi Precious stones | 7.78 | 25.98 |
3. Drug formulations, biologicals | 4.36 | 14.39 |
4. Gold and other precious metal jewellery | 3.92 | 12.94 |
5. Iron and steel | 2.95 | 9.74 |
6. Organic Chemicals | 2.83 | 9.33 |
7. Cotton and Accessories | 2.63 | 8.69 |
8. Motor vehicle/Cars | 2.58 | 8.50 |
9. Electric Machinery and Equipment | 2.55 | 8.42 |
10. Products of Iron and steel | 2.55 | 8.42 |
Some crucial facts about the export of India:
1. The largest export destinations in 2019-20 (April-November) were: the United States of America, followed by the United Arab Emirates (UAE), China and Hong Kong.
2. The value of India's Export stood at US$ 356.96 billion in between April-November 2019.
The data related to top 10 biggest exporting items of India are very crucial for various competitive exams. So students need to pay full attention on these figures.
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