Adverts

Open Access Articles- Top Results for List of the largest trading partners of India

List of the largest trading partners of India

According to the Department of Commerce, the fifteen largest trading partners of India represent 60% of total trade by India and 80% of its trade deficit in the financial year 2012-13. These figures do not include services or foreign direct investment, but only trade in goods. The two largest goods traded by India are Mineral fuels (refined / unrefined) and gold (finished gold ware or gold metal). In the year 2013-14, mineral fuels (HS code 27) are the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. In the year 2013-14, gold and its finished items (HS code 71) are the second largest traded item with 58,465 billion US$ worth imports and 41,692 billion US$ worth re-exports after value addition. These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total trade deficit (136 billion US$) of India in the financial year 2013-14.[1]

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

Country Exports Imports Total Trade Trade Balance
All countries 300,400 490,736 791,136 -190336
23x15px United Arab Emirates 36,265.15 38,436.47 74,701.61 -2171
23x15px China 13,503.00 54,324.04 67,827.04 -40821
23x15px United States 36,152.30 24,343.73 60,496.03 11808 [2]
23x15px Saudi Arabia 9783.81 34,130.50 43,914.31 -24346
23x16px  Switzerland 1,116.98 29,915.78 31,032.76 -28798
23x15px Singapore 13,608.65 7,754.38 21,363.03 5854[2]
23x15px Germany 7,244.63 14,373.91 21,618.54 -7129
Template:Country data Hong Kong 12,278.31 8,078.58 20,356.89 4199[2]
Template:Country data Indonesia 5,331.47 14,774.27 20,105.75 -9442
Template:Country data Iraq 1,278.13 20,155.94 21,434.07 -18877
Template:Country data Japan 6,099.06 12,514.07 18,613.14 -6415
23x15px Belgium 5,506.63 10,087.16 15,593.80 -4580
Template:Country data Kuwait 1,060.80 16,569.63 17,630.43 -15508
Template:Country data Iran 3,351.07 11,603.79 14,954.86 -8252
Template:Country data South Korea 4,201.49 13,461.25 17,662.73 -9259

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.[3]

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, totalling approximately 79.8 billion ($104 Billion USD) in total trade.[4][5]

Countries of which India is the largest trading partner

India is also the primary export or import partner of several countries. The percentages on these tables are based on data as shown on the CIA World Factbook.

   
Exports[6]
Region Percentage
File:Flag of Nepal.svg   Nepal 93.9%
23x15px Bhutan 83.8%
23x15px Guinea-Bissau 56.5%
23x15px Afghanistan 27% {{flagcountry/berma//7% 23x15px Benin 23.5%
Template:Country data Iraq 20.2%
23x15px Gambia 18.6%
Template:Country data Kuwait 15.7%
23x15px Tanzania 15.2%
23x15px Burma 14.8%
23x15px Niger 14.3%
23x15px Togo 14.2%
23x15px United Arab Emirates 13.4%
23x15px Qatar 12.1%
23x15px Venezuela 12%
Template:Country data Iran 11.9%
23x15px Senegal 11.9%
23x15px Nigeria 11.5%
23x15px Yemen 11.4%
23x15px Guinea 10.6%
Template:Country data Jordan 10.5%
23x15px Angola 10.1%
23x15px Cameroon 8.6%
23x15px Saudi Arabia 8.2%
Imports[7]
Region Percentage
File:Flag of Nepal.svg   Nepal 79.4%
23x15px Bhutan 72.3%
23x15px Mauritius 23.1%
23x15px Sri Lanka 22.7%
Template:Country data Kenya 20.9%
23x15px Bahamas 20.3%
23x15px United Arab Emirates 17%
23x15px Bangladesh 16.3%
23x15px Somalia 13.2%
23x15px Uganda 11.7%
23x15px Mozambique 11.6%
23x15px Tanzania 11.3%
23x15px Djibouti 10.6%
23x15px Sierra Leone 10.2%
23x15px Maldives 9.6%
23x15px Sudan 8.8%
23x15px Comoros 8.5%
23x15px Oman 8.5%

See also

References