Applied tariffs
Simple average MFN applied
2025
*
12.8 %
Trade-weighted MFN average
2024
*
25.1 %
Share of MFN duty-free
2025
3.4 %
Bound tariffs
Simple average bound
26.0 %
Binding coverage
99.5 %
Share of bound duty-free
2.7 %
Imports
Total imports: 13,491.1 million USD in 2024
Imports by partner
India
59.4 %
8,010.4
million USD
China
18.9 %
2,550.8
million USD
Argentina
5.5 %
742.6
million USD
European Union
1.8 %
236.5
million USD
United States of America
1.4 %
194.2
million USD
United Arab Emirates
1.4 %
189.5
million USD
Ukraine
1.4 %
186.3
million USD
Australia
1.1 %
148.5
million USD
Indonesia
0.8 %
114.2
million USD
Thailand
0.8 %
110.7
million USD
Rest of the World
7.5 %
1,007.6
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
8.9 %
1,203.2
million USD
150710
Crude soya-bean oil, whether or not degummed
6.0 %
814.7
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
3.6 %
479.7
million USD
271119
Gaseous hydrocarbons, liquefied, n.e.s. (excl. natural gas, propane, butane, ethylene, propylene, butylene and butadiene)
3.5 %
468.0
million USD
720310
Ferrous products obtained by direct reduction of iron ore, in lumps, pellets or similar forms
2.7 %
364.7
million USD
851713
Smartphones for wireless networks
2.0 %
265.8
million USD
870380
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only electric motor for propulsion (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.9 %
250.1
million USD
720839
Flat-rolled products of iron or non-alloy steel, of a width of >= 600 mm, in coils, simply hot-rolled, not clad, plated or coated, of a thickness of < 3 mm, not pickled, without patterns in relief
1.8 %
247.3
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.8 %
240.5
million USD
151211
Crude sunflower-seed or safflower oil
1.6 %
217.0
million USD
Rest of the products
66.3 %
8,940.1
million USD
Exports
Total exports: 1,300.5 million USD in 2022
Exports by destination
India
71.9 %
935.4
million USD
United States of America
11.3 %
147.2
million USD
European Union
6.8 %
88.4
million USD
Türkiye
2.0 %
26.1
million USD
United Kingdom
1.8 %
23.8
million USD
Australia
0.8 %
10.8
million USD
Japan
0.8 %
10.4
million USD
Canada
0.8 %
10.2
million USD
China
0.4 %
5.4
million USD
Bangladesh
0.4 %
4.6
million USD
Rest of the World
2.9 %
38.1
million USD
Exports by products HS 2017
150790
Soya-bean oil and its fractions, whether or not refined (excl. chemically modified and crude)
14.4 %
186.9
million USD
151190
Palm oil and its fractions, whether or not refined (excl. chemically modified and crude)
14.3 %
186.0
million USD
570110
Carpets and other textile floor coverings, of wool or fine animal hair, knotted, whether or not made up
6.5 %
84.7
million USD
090831
Cardamoms, neither crushed nor ground
3.6 %
46.6
million USD
560290
Felt, impregnated, coated, covered or laminated (excl. needleloom felt and stitch-bonded fibre fabrics)
2.9 %
38.1
million USD
550951
Yarn containing predominantly, but < 85% polyester staple fibres by weight, mixed principally or solely with artificial staple fibres (excl. sewing thread and yarn put up for retail sale)
2.9 %
37.6
million USD
200990
Mixtures of fruit juices, incl. grape must, and vegetable juices, unfermented, whether or not containing added sugar or other sweetening matter (excl. containing spirit)
2.7 %
35.2
million USD
550921
Single yarn containing >= 85% polyester staple fibres by weight (excl. sewing thread and yarn put up for retail sale)
2.5 %
32.0
million USD
090240
Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg
2.4 %
30.9
million USD
531090
Woven fabrics of jute or of other textile bast fibres of heading 5303, bleached, dyed, made of yarn of different colours, or printed
2.1 %
27.1
million USD
Rest of the products
45.8 %
595.3
million USD