Export summary from India to Taiwan

Connect2India helps Indian exporters to export their product to Taiwan by providing them Taiwan import data from India, importers of products in Taiwan and helping them arrange export order and execute it from India. Indian exports to Taiwan amounted to 2606.15 USD million in 2018. The major products that constitutes Indian exports to Taiwan are Mineral fuels, oils, distillation products, etc(1090.83 USD Million), Organic chemicals(258.4 USD Million), Iron and steel(223.69 USD Million), Aluminium and articles thereof(202.44 USD Million), Zinc and articles thereof(77.83 USD Million) . View details of Indian exports to Taiwan here. The export from India to Taiwan down by -22.15% since 2011 and up by 20.89% from 2017 to 2018. Connect2India also provides information on how to export from Delhi port to An Ping, import data for Chiayi, exports to Chung-Li, what to export from Chennai port.

The following products represent the highest value export to Taiwan from India during 2018. Also shown is the percent share of each product category in terms of Overall exports from India to Taiwan.

1. Mineral fuels, oils, distillation products, etc : USD 1090.83 Million (41.86%)
2. Organic chemicals : USD 258.4 Million (9.92%)
3. Iron and steel : USD 223.69 Million (8.58%)
4. Aluminium and articles thereof : USD 202.44 Million (7.77%)
5. Zinc and articles thereof : USD 77.83 Million (2.99%)
6. Nuclear reactors, boilers, machinery, etc : USD 74.35 Million (2.85%)
8. Cotton : USD 54.17 Million (2.08%)
10. Electrical, electronic equipment : USD 50.11 Million (1.92%)

Meat and edible meat offal were the fastest-growing among the top 10 export categories up 5900.0% for the 5-year period starting in 2011.

In second place for improving export sales were Ores, slag and ash which gained 1266.04%.

Other base metals, cermets, articles thereof posted the third-fastest gain in value up 1100.0%.

The only declining category among the top 10 Indian exports was Pulp of wood, fibrous cellulosic material, waste etc which fell in value by -100.0%.

The following products shows positive net exports to Taiwan. As per Investopedia , net exports is defined as the value of countries total exports minus countries total imports

In a nutshell, net exports is the amount by which foreign spending on a home country's goods or services exceeds or lags the home country's spending on foreign goods or services.

1. Mineral fuels, oils, distillation products, etc : USD 1035.11 Million
2. Aluminium and articles thereof : USD 183.19 Million
3. Zinc and articles thereof : USD 74.58 Million
4. Fish, crustaceans, molluscs, aquatic invertebrates ne : USD 64.59 Million
5. Cotton : USD 50.66 Million
6. Residues, wastes of food industry, animal fodder : USD 33.93 Million
7. Ceramic products : USD 27.06 Million
8. Vehicles other than railway, tramway : USD 26.42 Million
9. Salt, sulphur, earth, stone, plaster, lime and cement : USD 23.14 Million
10. Oil seed, oleagic fruits, grain, seed, fruit, etc, ne : USD 22.69 Million
11. Ores, slag and ash : USD 21.01 Million
12. Lead and articles thereof : USD 20.82 Million
13. Coffee, tea, mate and spices : USD 11.66 Million
14. Copper and articles thereof : USD 9.91 Million
15. Pearls, precious stones, metals, coins, etc : USD 9.78 Million
16. Miscellaneous edible preparations : USD 5.42 Million
17. Animal,vegetable fats and oils, cleavage products, et : USD 4.69 Million
18. Sugars and sugar confectionery : USD 4.33 Million
19. Articles of apparel, accessories, knit or crochet : USD 4.08 Million
20. Inorganic chemicals, precious metal compound, isotope : USD 4.03 Million
21. Lac, gums, resins, vegetable saps and extracts nes : USD 3.75 Million
22. Articles of apparel, accessories, not knit or crochet : USD 3.7 Million
23. Other made textile articles, sets, worn clothing etc : USD 3.2 Million
24. Edible fruit, nuts, peel of citrus fruit, melons : USD 2.81 Million
25. Pharmaceutical products : USD 2.33 Million

India has highly positive net exports in the international trade of Mineral fuels, oils, distillation products, etc. In turn, these cashflows indicate India's strong competitive advantages under the Mineral fuels, oils, distillation products, etc product category.

Below are exports from India that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country India's goods trail Indian importer spending on foreign products. Overall, India incurred a $-1,967.5 million trade deficit for all products during 2018

1. Nuclear reactors, boilers, machinery, etc : USD -922.29 Million
2. Electrical, electronic equipment : USD -864.06 Million
3. Plastics and articles thereof : USD -816.75 Million
4. Organic chemicals : USD -392.92 Million
5. Articles of iron or steel : USD -60.3 Million
6. Impregnated, coated or laminated textile fabric : USD -59.21 Million
7. Optical, photo, technical, medical, etc apparatus : USD -57.21 Million
8. Paper & paperboard, articles of pulp, paper and board : USD -46.98 Million
9. Miscellaneous chemical products : USD -44.88 Million
10. Nickel and articles thereof : USD -41.94 Million
11. Rubber and articles thereof : USD -40.72 Million
12. Manmade filaments : USD -35.72 Million
13. Tools, implements, cutlery, etc of base metal : USD -29.59 Million
14. Miscellaneous articles of base metal : USD -27.96 Million
15. Knitted or crocheted fabric : USD -27.0 Million
16. Ships, boats and other floating structures : USD -23.16 Million
17. Toys, games, sports requisites : USD -20.04 Million
18. Albuminoids, modified starches, glues, enzymes : USD -15.63 Million
19. Manmade staple fibres : USD -13.91 Million
20. Tanning, dyeing extracts, tannins, derivs,pigments et : USD -13.5 Million
21. Iron and steel : USD -12.06 Million
22. Wadding, felt, nonwovens, yarns, twine, cordage, etc : USD -10.76 Million
23. Photographic or cinematographic goods : USD -9.16 Million
24. Furniture, lighting, signs, prefabricated buildings : USD -8.18 Million
25. Glass and glassware : USD -7.5 Million

India has highly negative net exports and therefore deep international trade deficits for Nuclear reactors, boilers, machinery, etc

These cashflow deficiencies clearly indicate India's competitive disadvantages in the international Nuclear reactors, boilers, machinery, etc related market, but also represent key opportunities for India to improve its position in the global economy through focused innovations.