Enhancing India CARIFORUM Economic Relations and Prospects for Cooperation

India’s Imports from CARIFORUM – Top Sources, Product wise Table 11 presents the top product categories that India imported from the top five import sources for India in the CARIFORUM region. Mineral fuels and oils and natural or cultured pearls, precious or semi-precious stones represented bulk of India’s imports from these countries in 2020. Table 11: India’s Imports from CARIFORUM- Top Sources, Product wise Country Imports HS Code Product Share (%, 2020)

89.7

71 Natural or cultured pearls, precious or semi-precious stones

72 Iron and steel 47 Pulp of wood

5.0 1.9

Dominican Republic

198.4

1.3

90 Optical, photographic, cinematographic equipment

76 Aluminium and articles thereof 27 Mineral fuels, mineral oils

1.0

92.6

Trinidad and Tobago

179.6

28 Inorganic Chemicals

5.5 0.9

72 Iron and steel

27 Mineral fuels, mineral oils 81 Other base metals; cermets

94.0

The Bahamas

35.9

3.1 2.6

85 Electrical machinery and equipment

44 Wood and articles of wood

98.4

Suriname

30.1

72 Iron and steel

0.6 0.4

85 Electrical machinery and equipment 85 Electrical machinery and equipment

90.5

33

Essential oils and resinoids

5.4 2.0 1.5

Haiti

12.3

76 Aluminium and articles thereof

72 Iron and steel

Source: ITC Trademap; India Exim Bank Analysis

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Enhancing India-CARIFORUM Economic Relations and Prospects for Cooperation