October 2011
India
                         
BASIC INDICATORS
Population (thousands, 2010) 1 170 938 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010) 1 729 010 Merchandise  20 13
GDP (million current PPP US$, 2010) 4 198 609 excluding intra-EU trade 14 8
Current account balance (million US$, 2010) - 51 781 Commercial services 7 7
Trade per capita (US$, 2008-2010)   595 excluding intra-EU trade 5 5
Trade to GDP ratio (2008-2010)   47.7
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   151 9 9 10
Exports of goods and services (volume, 2005=100)   149 8 -7 4
Imports of goods and services (volume, 2005=100)   174 12 -7 14
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2011) 1.510
Trade Policy Review 14, 16 September 2011 Import duties collected (%, 2007-2009)
GPA accession  Observer in total tax revenue 16.5
Tariffs and duty free imports to total imports 7.0
Tariff binding coverage (%)    73.8 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2009 Outstanding notifications in WTO Central Registry   23
Simple average of import duties Goods RTAs - services EIAs notified to WTO 14 - 3
All goods   48.7   13.0 Anti-dumping (30 June 2010) 205
Agricultural goods (AOA)   113.1   31.8 Countervailing duties (30 June 2010) ...
Non-agricultural goods   34.6   10.1 Safeguards (22 October 2010)   2
Non ad-valorem duties (% total tariff lines)   5.3   5.2 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 19 - 20
in agricultural goods (AOA)   19.3 Original panel / Appellate Body (AB) reports 9 - 6
in non-agricultural goods   37.3 Compliance panel / AB reports (Article 21.5 DSU) 1 - 0
Services sectors with GATS commitments   37 Arbitration awards (Article 22.6 DSU) 0 - 1
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  219 959 17 -15 33
Merchandise imports, c.i.f. (million US$)  327 230 18 -20 27
2010  a 2010  a
Share in world total exports    1.44 Share in world total imports  2.12
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   10.7 Agricultural products 5.4
Fuels and mining products   25.4 Fuels and mining products 38.8
Manufactures   63.9 Manufactures 44.5
  By main destination   By main origin
1. European Union (27)   20.5 1. European Union (27)   14.4
2. United Arab Emirates   14.4 2. China   11.5
3. United States   10.8 3. United Arab Emirates   7.4
4. China   5.9 4. United States   6.0
5. Hong Kong, China   4.0 5. Saudi Arabia, Kingdom of   5.4
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  123 277   19 -13 33
Commercial services imports (million US$)  116 140   20 -9 45
2010   2010
Share in world total exports   3.34   Share in world total imports 3.31
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   10.7   Transportation 40.0
Travel   11.5   Travel 9.2
Other commercial services   77.8   Other commercial services 50.9
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2008 Trademark registrations by office, 2008
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
... ...  18 230 ... ... ...  102 257
                         
a  Breakdowns by destination/origin refer to 2009.