[LuxAerterna]

The main thing India exports is labor. Either labor that works in the oil rich Persian Gulf countries or labor for IT and customer service center outsourcing. So a collapse in merchandise exports could be a mere drop in the bucket for the Indian economy.

[ff52051]

Merchandise exports account for 15%-20% of India’s GDP.

[MyTwoCopperCoins]

GDP (official exchange rate):

$1.237 trillion (2008 est.)

GDP (purchasing power parity):

$3.319 trillion (2008 est.)

Exports:

$175.7 billion f.o.b. (2008 est.)

 

 

So, exports comprise 175.7/1237*100 = 14.2%, Exchange-rate wise, or

                           175.7/3319*100 = 5.2%, PPP-wise.

 

CIA World Factbook

https://www.cia.gov/library/publications/the-world-factbook/geos/in.html#Econ