List of the largest trading partners of India
According to 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 2011–2012 are as follows:[1]
| Country | Exports | Imports | Total Trade | Trade Balance |
|---|---|---|---|---|
 China |
18,076.55 | 57,517.88 | 75,594.44 | -39,441.33 |
 United Arab Emirates |
35,925.52 | 35,790.39 | 71,715.91 | 135.13 |
 United States |
34,741.60 | 24,470.16 | 59,211.75 | 10,271.44 |
 Saudi Arabia |
5,683.29 | 31,060.10 | 36,743.40 | -25,376.81 |
 Switzerland |
1,095.34 | 32,404.95 | 33,500.29 | -31,309.61 |
 Singapore |
16,857.71 | 8,600.29 | 25,458.00 | 8,257.41 |
 Germany |
7,942.79 | 16,275.56 | 24,218.35 | -8,332.77 |
 Hong Kong |
12,931.90 | 10,646.93 | 23,578.83 | 2,284.96 |
 Indonesia |
6,677.99 | 14,623.55 | 21,301.54 | -7,945.56 |
 Iraq |
763.97 | 18,939.63 | 19,703.60 | -18,175.66 |
 Japan |
6,328.54 | 12,100.57 | 18,429.10 | -5,772.03 |
 Belgium |
7,160.76 | 10,450.29 | 17,611.05 | -3,289.54 |
 Kuwait |
1,181.41 | 16,375.37 | 17,556.78 | -15,193.96 |
| Unspecified | 16,436.76 | 1,052.09 | 17,488.85 | 15,384.67 |
 Korea |
4,352.35 | 13,098.93 | 17,451.28 | -8,746.58 |
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 is the second largest 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[update], 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]
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Imports[6]
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See also [edit]
- Economy of India
- List of the largest trading partners of the United States
- List of the largest trading partners of the European Union
- List of the largest trading partners of the People's Republic of China
References [edit]
- ^ Total Trade :: Top 15 countries
- ^ http://articles.timesofindia.indiatimes.com/2012-08-27/middle-east/33423767_1_bahrain-s-sunni-middle-east-unrest-gulf-cooperation-council
- ^ European Commission Bilateral Trade with India
- ^ EU'S Trade Balance with India
- ^ https://www.cia.gov/library/publications/the-world-factbook/fields/2050.html
- ^ https://www.cia.gov/library/publications/the-world-factbook/fields/2061.html
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