List of the largest trading partners of India

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According to the Department of Commerce, the fifteen largest trading partners of India represent 62.1% of Indian imports, and 58.1% of Indian exports as of December 2010. These figures do not include services or foreign direct investment, but only trade in goods.

The largest Indian partners with their total trade (sum of imports and exports) in millions of US Dollars for calendar year 2012–2013 are as follows:[1]

Country Exports Imports Total Trade Trade Balance
 United Arab Emirates 36,265.15 38,436.47 74,701.61 -2171.32
 China 13,503.00 54,324.04 67,827.04 -40,821.04
 United States 36,152.30 24,343.73 60,496.03 11,808.57
 Saudi Arabia 9783.81 34,130.50 43,914.31 -24,346.69
 Switzerland 1,116.98 29,915.78 31,032.76 -28,798.80
 Singapore 13,608.65 7,754.38 21,363.03 5,854.27
 Germany 7,244.63 14,373.91 21,618.54 -7129.28
 Hong Kong 12,278.31 8,078.58 20,356.89 4,199.74
 Indonesia 5,331.47 14,774.27 20,105.75 -9,442.80
 Iraq 1,278.13 20,155.94 21,434.07 -18,877.81
 Japan 6,099.06 12,514.07 18,613.14 -6,415.01
 Belgium 5,506.63 10,087.16 15,593.80 -4,580.53
 Kuwait 1,060.80 16,569.63 17,630.43 -15,508.83
 Iran 3,351.07 11,603.79 14,954.86 -8,252.72
 South Korea 4,201.49 13,461.25 17,662.73 -9,259.76

This list does not include the Gulf Cooperation Council (GCC), which includes two (UAE and Saudi Arabia) of the above states in a single economic entity. As a single economy the Gulf Cooperation Council (GCC) is the largest trading partner of India with almost $160 billion in total trade.[2]

This list also does not include the European Union (EU), which includes two (Germany and Belgium) of the above states in a single economic entity. As a single economy, the EU is the second largest trading partner of India with €40.5 billion worth of EU goods going to India and €39.4 billion of Indian goods going to the EU as of 2011, totaling approximately 79.8 billion ($104 Billion USD) in total trade.[3][4]

India is also the largest export and/or import partner of the following countries:

Exports[5] Imports[6]

See also[edit]

References[edit]