India's Export Composition
Key Sectors
India's merchandise export basket is diversified but concentrated in a few high-value categories. Petroleum products (refined oil exports from refineries in Gujarat and Maharashtra), engineering goods (machinery, auto components, metals), electronics (smartphones assembled under PLI), pharmaceuticals (generics — India is the "pharmacy of the world"), and gems and jewellery (cut and polished diamonds, gold jewellery) are the top five categories.
- Petroleum products: India imports crude and exports refined products — a significant component of the merchandise basket
- Engineering goods: Includes machinery, auto components, steel, and industrial equipment
- Pharmaceuticals: India supplies ~20% of global generic medicine volume and ~60% of global vaccine doses
- Electronics: PLI-driven; Apple's iPhones assembled by Tata Electronics and Foxconn are a major new export product
- Gems and jewellery: Vulnerable to global demand cycles; Surat is the world's largest diamond cutting hub
● Tracked since March 02, 2026 · last seen May 17, 2026 · updates as the daily brief publishes
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