
$1.2BIndia’s exports in FY 2025-26
101countries bought from India
+3%against FY 2024-25 ($1.1B)
5,62,26,780pieces shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- Germany
- United States
- Turkey
- Latvia
- Canada
- Italy
- France
- Chile
- Croatia
- Estonia
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — Parts suitable for use solely or principally with the machines of heading 8501 or 8502Notification 9/2025-CT(R), Schedule II, entry 476
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.
Other codes in 8503.00
8503.00.10Parts suitable for use solely or principally with the machines of heading 8501 or 8502: Parts of generator…$159M in FY 2025-268503.00.29Parts suitable for use solely or principally with the machines of heading 8501 or 8502, parts of electric…$75M in FY 2025-268503.00.21Parts suitable for use solely or principally with the machines of heading 8501 or 8502, parts of electric…$24M in FY 2025-26