ECONOMICS PROJECT
ECONOMICS PROJECT
INTRODUCTION
Content
During the last five reported years the exports of India have
changed by $159B from $309B in 2017 to $468B in 2022. The most
recent exports are led by Refined Petroleum ($86.2B), Diamonds
($25.9B), Packaged Medicaments ($19.5B), Jewellery ($12.6B),
and Rice ($11.1B)
Major Exports from India (2018-2023)
1. Crude Oil: India is one of the largest importers of crude oil, which
constitutes a significant portion of its import bill.
2. Gold and Silver: Precious metals are major imports due to jewelry
manufacturing.
3. Electronic Goods: This includes mobile phones, computers, and
other consumer electronics.
4. Machinery and Equipment: Various types of machinery for
industrial and agricultural use.
5. Chemicals: Including fertilizers and other industrial chemicals.
6. Coal and Other Fuels: Used primarily for energy generation and
industrial processes.