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๐ International Trade
India's Trade Partners
USA is India's largest trading partner; China the largest source of imports; Gulf the largest export region
India ๐ฎ๐ณ 2000 International Trade
Key Facts
- 1
Top goods exports: petroleum products, pharmaceuticals, gems & jewellery, textiles, engineering goods
- 2
Top imports: crude oil, electronic goods, gold, chemicals, machinery
- 3
FTAs signed: UAE, Australia, UK (under negotiation); RCEP rejected in 2019 due to China trade concerns
๐ Did you know? India's trade deficit with China exceeds $100 billion/year โ India buys far more from China than it sells; the largest bilateral trade imbalance in the world
Quick Reference
Category
International Trade
Country
๐ฎ๐ณ India
Year / Era
2000
About
USA is India's largest trading partner