According to the Ministry of Commerce, the fifteen largest trading partners of India represent 60% of total trade by India and 80% of its trade deficit in the financial year 2012-13. These figures do not include services or foreign direct investment, but only trade in goods. The two largest goods traded by India are Mineral fuels (refined / unrefined) and gold (finished gold ware or gold metal). In the year 2013-14, mineral fuels (HS code 27) are the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. In the year 2013-14, gold and its finished items (HS code 71) are the second largest traded item with 58.465 billion US$ worth imports and 41.692 billion US$ worth re-exports after value addition. These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total trade deficit (136 billion US$) of India in the financial year 2013-14.
India's largest trade partners with their total trade (sum of imports and exports) in millions of US dollars for financial year 2014–15 were as follows:
India exports approximately 7500 commodities to about 190 countries. India exported US$318.2 billion worth of commodities in 2014. The following table shows India's 10 largest sources for exports accounting for 49% of all exports in 2014.
India imports around 6000 commodities from 140 countries. India imported $462.9 billion worth of commodities in 2014. The following table shows India's 10 largest sources of imports accounting for 51.8% of total imports in 2014.