GDP (trillion $) (2024) |
: |
3,57 |
GDP Growth Rate (%) (2025) |
: |
%6,2 |
Population(billion) |
: |
1,44 |
GDP Per Capita (thousand $) (2025) |
: |
2,88 |
Inflation Rate (%) (2025) |
: |
%4,1 |
Unemployment rate (%) (2025) |
: |
%4,9 |
Exports (billion $) (April-February 2024-2025 Fiscal Year) |
: |
395,44 |
Imports (billion $) (April-February 2024-2025 Fiscal Year) |
: |
657,55 |
Bilateral Trade Volume (billion $) (2019) |
: |
8,54 |
The most important export markets for India : USA, UAE, Netherlands, China, United Kingdom
Main Countries for Indian Imports: China, Russian Federation, UAE, USA, Saudi Arabia
Main Export Items: Petroleum products, precious/semi-precious stones, pharmaceutical industry products, iron and steel and telecommunications products, textiles.
Main Import Items: Crude oil, coal/coke, petroleum products, gold, precious/semi-precious stones.
Bilateral Economic and Trade Relations Between India and Türkiye
Figures of export, import, trade volume (million $)
Year |
Export |
Import |
Volume |
Balance |
2020 |
890 |
4,796 |
5,686 |
-3,907 |
2021 |
1,305 |
7,936 |
9,241 |
-6,631 |
2022 |
1,637 |
10,697 |
12,334 |
-9,060 |
2023 |
1,644 |
7,931 |
9,575 |
-6,287 |
2024 |
1,51 |
7,02 |
8,54 |
-5,5 |
2025 (April) |
398 |
2,027 |
2,425 |
-1,6 |
Main Export Items to India: Marble, sunflower seed oil, steel scrap, fresh apples and carbonates/peroxycarbonates.
Main Import Items to India: Mineral fuels, motor vehicle parts, unwrought aluminum, smartphones and synthetic fibers.
Joint Economic Commission (JEC): The mechanism of the Türkiye-India Joint Economic and Technical Cooperation Committee (JEC) was established by the Economic and Technical Cooperation Agreement signed in 1978 and so far, 10 JEC Meetings have been realized between the two countries. The last JEC meeting (10TH) between Türkiye and India was held in New Delhi, on 30-31 January 2014.
Business Council: The last joint meeting of the Business Council, which was established in 1996, was held in Istanbul on 20 January 2011.
Tourism: The number of Indian tourists visiting our country reached 307 thousand people in 2024.