In Financial year 2016-17 India has Exported worth Rs. 1,852,339.65 Crores and total Import was rs. 2,577,417.43 Crores. This leaving a trade deficit for Rs. 725,077.78 Crores.
India didn’t have trade deficit with all countries it does business with. India had trade surplus with 129 countries wit does business with.
India had trade surplus with USA, UAE, Bangladesh, UK, Nepal, Hong Kong, Vietnam , turkey, Sri lanka, Netherlands, Singapore, Kenya, Spain, Oman, Pakistan, Israel, Italy, Philippines, Egypt, Mauritius, Tanzania, Ethiopia, Portugal, Mexico, Poland, Sudan, Somalia, Yemen, Uganda, Senegal to name a few.
Also Read, India’s Import data – A comparative study FY 2015-16 and 2016-17
Total Export in Financial Year 2016-17 : 1852339.65 Crores
Total Import in Financial Year 2016-17 : 2577417.43 Crores
Total Trade in Financial Year 2016-17 : 4420499.87 Crores
Trade deficit in Financial year 2016-17 : 725077.78 Crores
Also Read, Top 25 commodity Imported by India in FY 2016-17
Top 51 countries India had trade surplus in financial year 2016-17 are.
All figures are in rs crores.
Period : Financial year 2016-17
| Rank | Country | Export | Import | Total Trade | Trade Balance |
| 1 | U S A | 283,806.53 | 149,897.94 | 433,704.47 | 133,908.59 |
| 2 | U ARAB EMTS | 209,812.61 | 144,158.76 | 353,971.37 | 65,653.84 |
| 3 | BANGLADESH PR | 45,126.82 | 4,721.63 | 49,848.45 | 40,405.19 |
| 4 | HONG KONG | 94,855.00 | 54,912.58 | 149,767.59 | 39,942.42 |
| 5 | NEPAL | 36,220.96 | 2,986.68 | 39,207.63 | 33,234.28 |
| 6 | U K | 57,386.98 | 24,583.53 | 81,970.51 | 32,803.46 |
| 7 | VIETNAM SOC REP | 45,702.36 | 22,263.47 | 67,965.82 | 23,438.89 |
| 8 | TURKEY | 31,124.46 | 8,096.61 | 39,221.07 | 23,027.84 |
| 9 | SRI LANKA DSR | 26,291.12 | 4,039.80 | 30,330.91 | 22,251.32 |
| 10 | NETHERLAND | 34,119.15 | 12,729.48 | 46,848.63 | 21,389.67 |
| 11 | SINGAPORE | 64,144.04 | 47,540.89 | 111,684.93 | 16,603.16 |
| 12 | KENYA | 14,743.75 | 699.15 | 15,442.89 | 14,044.60 |
| 13 | SPAIN | 23,058.52 | 13,223.13 | 36,281.65 | 9,835.39 |
| 14 | OMAN | 18,283.54 | 8,554.14 | 26,837.68 | 9,729.39 |
| 15 | PAKISTAN IR | 12,289.35 | 3,061.13 | 15,350.49 | 9,228.22 |
| 16 | ISRAEL | 20,548.68 | 13,147.33 | 33,696.01 | 7,401.35 |
| 17 | ITALY | 33,163.68 | 26,139.63 | 59,303.32 | 7,024.05 |
| 18 | PHILIPPINES | 9,964.20 | 3,317.87 | 13,282.07 | 6,646.33 |
| 19 | EGYPT A RP | 13,885.88 | 7,793.80 | 21,679.68 | 6,092.08 |
| 20 | MAURITIUS | 5,929.54 | 123.06 | 6,052.60 | 5,806.49 |
| 21 | TANZANIA REP | 11,984.33 | 6,369.95 | 18,354.28 | 5,614.38 |
| 22 | ETHIOPIA | 5,201.56 | 449.02 | 5,650.57 | 4,752.54 |
| 23 | PORTUGAL | 4,499.70 | 946.41 | 5,446.11 | 3,553.29 |
| 24 | MEXICO | 23,291.37 | 19,775.91 | 43,067.28 | 3,515.46 |
| 25 | POLAND | 8,073.43 | 4,637.16 | 12,710.59 | 3,436.27 |
| 26 | SUDAN | 5,038.67 | 1,636.87 | 6,675.55 | 3,401.80 |
| 27 | SOMALIA | 3,395.27 | 118.6 | 3,513.87 | 3,276.67 |
| 28 | MOZAMBIQUE | 6,784.75 | 3,662.36 | 10,447.10 | 3,122.39 |
| 29 | YEMEN REPUBLC | 2,994.61 | 32.34 | 3,026.95 | 2,962.27 |
| 30 | UGANDA | 3,324.83 | 461.73 | 3,786.56 | 2,863.09 |
| 31 | SENEGAL | 4,270.95 | 2,118.27 | 6,389.22 | 2,152.67 |
| 32 | DJIBOUTI | 1,888.48 | 18.97 | 1,907.45 | 1,869.51 |
| 33 | GREECE | 2,554.86 | 818.82 | 3,373.68 | 1,736.04 |
| 34 | BENIN | 3,037.22 | 1,391.30 | 4,428.52 | 1,645.92 |
| 35 | ALGERIA | 5,659.60 | 4,055.42 | 9,715.02 | 1,604.18 |
| 36 | GUATEMALA | 1,628.35 | 145.51 | 1,773.86 | 1,482.85 |
| 37 | AFGHANISTAN TIS | 3,405.80 | 1,967.47 | 5,373.27 | 1,438.33 |
| 38 | DENMARK | 4,664.89 | 3,230.84 | 7,895.73 | 1,434.05 |
| 39 | BHUTAN | 3,413.68 | 2,006.71 | 5,420.40 | 1,406.97 |
| 40 | COLOMBIA | 5,278.76 | 3,985.00 | 9,263.76 | 1,293.76 |
| 41 | MALDIVES | 1,332.86 | 61.5 | 1,394.36 | 1,271.36 |
| 42 | HUNGARY | 2,733.43 | 1,466.34 | 4,199.77 | 1,267.09 |
| 43 | BAHARAIN IS | 3,180.07 | 1,950.85 | 5,130.92 | 1,229.22 |
| 44 | LEBANON | 1,420.10 | 202.53 | 1,622.62 | 1,217.57 |
| 45 | URUGUAY | 1,267.96 | 90.43 | 1,358.39 | 1,177.53 |
| 46 | SLOVENIA | 1,689.77 | 681.86 | 2,371.63 | 1,007.91 |
| 47 | TOGO | 1,904.11 | 928.95 | 2,833.06 | 975.16 |
| 48 | TUNISIA | 1,719.60 | 768.59 | 2,488.19 | 951.01 |
| 49 | LIBERIA | 979.18 | 51.46 | 1,030.64 | 927.72 |
| 50 | MALAWI | 1,198.26 | 277.85 | 1,476.11 | 920.41 |
| 51 | MALTA | 925.21 | 150.07 | 1,075.28 | 775.14 |
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