Excavation Machinery in India | The Observatory of Economic Complexity

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Exports In 2022, India exported $1.24B in Excavation Machinery, making it the 16th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 60th most exported product in India. The main destination of Excavation Machinery exports from India are: United States ($392M), United Kingdom ($203M), Singapore ($52.6M), Germany ($43M), and Brazil ($42.4M).

The fastest growing export markets for Excavation Machinery of India between 2021 and 2022 were United States ($113M), United Kingdom ($32.2M), and Germany ($15.3M).

Imports In 2022, India imported $1.3B in Excavation Machinery, becoming the 15th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 78th most imported product in India. India imports Excavation Machinery primarily from: China ($575M), South Korea ($153M), Italy ($73.3M), Japan ($67.7M), and United States ($59.3M).

The fastest growing import markets in Excavation Machinery for India between 2021 and 2022 were China ($56.4M), Italy ($21.8M), and United States ($7.99M).

COMPANIES In 2023, leading companies such as JCB MANUFACTURING INC (835), CNH INDUSTRIAL AMERICA LLC (143), and JOHN DEERE COMMERCIAL PRODUCTS (132) were at the forefront of shipping Excavation Machinery from India to the United States.

Mar 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$1.24B

IMPORTS (2022)$1.3B

NET TRADE (2022)-$62M

In 2022, India exported $1.24B in Excavation Machinery. The main destinations of India exports on Excavation Machinery were United States ($392M), United Kingdom ($203M), Singapore ($52.6M), Germany ($43M), and Brazil ($42.4M).

In 2022, India imported $1.3B in Excavation Machinery, mainly from China ($575M), South Korea ($153M), Italy ($73.3M), Japan ($67.7M), and United States ($59.3M).