India S Trading Partners

The government of india has been taking various steps towards boosting its trade with the rest of the world by adopting policies and procedures which would help to increase and facilitate both exports and imports with the other countries of the world so the department of commerce government of india has developed this web portal. As per the recent records and statistics i have picked up top 10 leading trading partners of india in 2017. Infodriveindia s india export import database is the most up to date and authentic information on india s foreign trade.

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Who Are The Largest Trading Partners Of India

India S Trade Full List Of Exports Imports And Partner Countries

Who Are India S Biggest Trade Partners Indiaspend

India us trade india china trade new delhi.

India s trading partners. Below is a list highlighting 15 of india s top trading partners in terms of countries that imported the most indian shipments by dollar value during 2019. Infodriveindia presents india s top import export trading partners these findings are based on india export import database of infodriveindia and is based on shipping bills and bills of entry filed at indian customs. The united arab emirates is the second largest trading partner of india importing about 29 7 billion 9 2 of products in 2019.

These figures include trade in goods and commodities but do not include services or foreign direct investment. Also india s trade surplus with the us. Us 54 2 billion 16 8 of india s totalexports united arab emirates.

Many countries like nepal bangladesh bhutan and pakistan has the border with india though they are not the leading partners but they are definitely the close partners to india. According to the ministry of commerce and industry the fifteen largest trading partners of india represent 59 37 of total trade by india in the financial year 1951 1952. India exports mostly to united states 52b united arab emirates 27 1b china 16 6b hong kong 12 8b and germany 9 66b and imports mostly from china 75 5b united states 31 6b saudi arabia 26 3b united arab emirates 23 8b and iraq 20 8b.

The bilateral trade between the us and india amounted to usd 87 95 billion as compared to usd 87 07 billion with china. Asia is a key. The two largest goods traded by india are mineral fuels and gold.

The us overtook china to once again become india s top goods trading partner in 2018 19 official data shows. In the year 2013 14 mineral fuels were the largest traded item with 181 383 billion us worth imports and 64 685 billion us worth re exports after r. The united states has become india s top trading partner surpassing china according to 2018 19 data from the commerce ministry.

A publication on india s trade and investment by exim bank highlights the trend in exports moving towards southern countries particularly in the asia and africa regions. India s exports to the united arab emirates rose 7 to the us 30 13 billion while uae exports to india grew 37 to reach the us 29 78 billion. Also shown is each import country s percentage of total indian exports.