INDIA'S TRADE PARTNERS

Indo-British Trade (FY 2006-07 to 2009-10)
                                                                  (In US$ Million)

2006-07 2007-08 2008-09 2009-10

Export 5622.93 6705.50 6649.53 6221.39

Growth (%) 11.14 19.25 -0.83 -6.44

Share (%) 4.45 4.11 3.59 3.48

Import 4177.87 4953.68 5872.32 4461.67

Growth (%) 6.30 18.57 18.54 -24.02

Share (%) 2.25 1.97 1.93 1.55

Total Trade 8989.58 9800.80 11659.18 12521.86

Growth (%) 9.02 18.96 7.40 -14.68

Share (%) 3.14 2.81 2.56 2.29

Trade Balance 1445.06 1751.81 777.21 1759.72

FY: Fiscal year (April-March)
Note : The country's total imports since 2000-2001 does not include import of Petroleum Products
           and Crude Oil.
Source: Federal Ministry of Commerce, Government of India

Indo-British Trade (2007)
(In £ million)

		YoY Change (%)		YoY Change (%)
TRADE IN GOODS	2005	2004/05	2006	2005/06	2007 (Jan.-Aug.)
UK exports of Goods	2798	25.2	2695	-3.7	399
UK imports of Goods	2783	21.5	3136	12.7	569
TOTAL TRADE IN GOODS	5581	23.3	5831	4.5	968
UK exports of Services	1146	16.81	1424	24.3
UK imports of Services	1311	19.7	1485	13.3
TOTAL TRADE IN SERVICES	2457	18.35	2909	18.4
Total Bilateral Trade	8038	21.96	8740	8.7
SOURCE : DTI Economics & Statistics Directorate, UK

Indo-British Trade (1998-2004)
(In £ million)

TRADE IN GOODS	1998	1999	2000	2001	2002	2003	2004
UK exports to India	1242	1450	2058	1797	1754	2284	2235
India's exports to UK	1382	1426	1651	1824	1795	2093	2290
TOTAL TRADE IN GOODS	2624	2876	3709	3588	3559	4377	4525
TRADE IN SERVICES
UK exports to India	481	508	548	668	601	705	981
India's exports to UK	485	592	572	715	671	810	1095
TOTAL TRADE IN SERVICES	1038	1183	1212	1480	1431	1515	2076
Total Bilateral Trade	3590	3976	4829	5004	4881	5892	6601
* Figures in brackets are in US$ million, based on average annual exchange rate, and up to July of comparable years.

Indo-British Trade ( 1997-98 to 2003-04)
(In US$ million)

	1999-2000	2000-01	2001-02	2002-03	2003-04	2004-05	2005-06
Export	2034.79	2298.71	2160.88	2496.41	3023.27	3681.09	5059.28
India's total exports	36822.49	44560.29	43826.91	52719.43	63842.97	83535.94	103090.54
Share of India's total exports	5.53	5.16	4.93	4.74	4.74	4.41	4.91
Imports	2702.57	3167.92	2563.21	2777.01	3234.35	3566.20	3930.30
India's total imports	49738.06	50536.46	51413.50	61412.13	78149.61	111517.44	149165.73
Share of India's total imports	5.43	6.27	4.99	4.52	4.41	3.20	2.63
Total Trade	4737.35	5466.64	4724.09	5273.42	6257.62	7247.29	8989.58
India's total trade	86560.55	95096.75	95240.41	114131.56	141992.58	195053.38	252256.27
Share of India's total trade	5.47	5.75	4.96	4.62	4.41	3.72	3.56
Trade Balance	-667.78	-869.21	-402.33	-280.60	-188.92	114.90	1128.98
India's trade balance	-12915.57	-5976.16	-7586.59	-8672.90	-14306.65	-27981.49	-46075.19
Exchange Rate:
1997-98: 1 US$ = Rs. 37.1648
1998-99: 1 US$ = Rs 42.0706
1999-2000: 1 US$ = Rs 43.3327
2000-01: 1 US$ 45.6844
2001-02: 1 US$ 47.6917
2002-03: 1 US$ = Rs. 48.3953
2003-04: 1 US$ = Rs. 45.9513
2004-05: 1 US$ = Rs. 44.9315
2005-06: 1 US$ = Rs. 44.2735
Source: India's federal ministry of Commerce

Updated February 2010