India reported a trade deficit equivalent to 15493 Million USD in July of 2012. Historically, from 1994 until 2012, India Balance of Trade averaged -3869.39 Million USD reaching an all time high of 491.28 Million USD in November of 2001 and a record low of -19644.00 Million USD in October of 2011. India is leading exporter of gems and jewelry, textiles, engineering goods, chemicals, leather manufactures and services. India is poor in oil resources and is currently heavily dependent on coal and foreign oil imports for its energy needs. Other imported products are: machinery, gems, fertilizers and chemicals. Main trading partners are European Union, The United States, China and UAE. This page includes a chart with historical data for India Balance of Trade.