| Rank Country Trade Balance | 1 United States 23.4 | 2 China -48.65 | 3 United Arab Emirates -1.41 | 4 Saudi Arabia -13.93 |
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Which top 5 countries are trading partners of India?
- United States: US$49.3 billion (17.9% of India’s total exports)
- China: $19 billion (6.9%)
- United Arab Emirates: $18 billion (6.5%)
- Hong Kong: $9.5 billion (3.5%)
- Singapore: $8.3 billion (3%)
- Bangladesh: $7.91 billion (2.9%)
- United Kingdom: $7.77 billion (2.8%)
- Germany: $7.7 billion (2.8%)
Who is India’s biggest trading partner?
India’s imports from China declined marginally, but its share of total imports increased. Hong Kong, Bangladesh and Singapore were the other top markets for India last fiscal year. China’s share in India’s export basket rose to 7.29% in FY21 from 5.3% the year before.
Who had trade relations with India?
India is the EU’s 10th largest trading partner, accounting for 1.8% of EU total trade in goods in 2020, well behind China (16.1%), the USA (15.2%), and the UK (12.2%). Trade in goods between the EU and India increased by 12.5% in the last decade. Trade in services between the EU and India reached €32.7 billion in 2020.
What is India’s main export?
| Rank Indian Export Product 2020 Value (US$) | 1 Processed petroleum oils $26,174,665,000 | 2 Medication mixes in dosage $16,635,015,000 | 3 Diamonds (unmounted/unset) $15,213,101,000 | 4 Rice $7,980,028,000 |
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Which country is best for export from India?
| 1. USA 2. China 3. UAE | 7. United Kingdom 8. Germany 9. Nepal |
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Which country is the largest exporter of India?
The US remained the country’s top export partner, according to government data, but shipments declined 2.78% to $51.63 billion in a year when India’s merchandise trade — both exports and imports — fell amid global lockdowns and disruption to logistics due to the pandemic.
What does India export to USA?
The top export categories (2-digit HS) in 2019 were: mineral fuels ($8.2 billion) , precious metal and stone (diamonds) ($6.4 billion), aircraft ($2.8 billion), machinery ($2.4 billion), and organic chemicals ($1.9 billion).
Which country exports the most?
| Rank Country 2020 Export Sales (US$) | 1. China $2,590,607,686,000 | 2. United States $1,431,406,392,000 | 3. Germany $1,377,863,429,000 | 4. Japan $640,953,137,000 |
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What is India’s biggest import?
1. Crude petroleum . Crude petroleum was India’s top import in 2020-21. India is the third largest importer of this commodity.
Which country imports the most from India?
| Characteristic Share of imports | China 13.75% | United States 7.55% | United Arab Emirates 6.38% | Saudi Arabia 5.66% |
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Which product India import most?
| Characteristic Share of exports | Crude petroleum 21.64% | Gold 5.95% | Petroleum products 5.86% | Coal, coke and briquttes 4.73% |
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What are the top 3 Imports of India?
India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic ...
What is India most known for?
- Largest Democracy in The World. ...
- Highest Number of Official Languages. ...
- World’s Largest Postal Network. ...
- Statue of Unity. ...
- World’s Highest Cricket Ground. ...
- Invention of Chess. ...
- Yoga Originated in India. ...
- The Most Number of Tigers.
Which country is the largest exporter of software?
IRELAND has overtaken the US as the largest exporter of software in the world, according to a new report from the OECD.
What is the rank of India in exports?
| Rank Exporting Country Share(%) | 6 Mexico 6.06 | 7 Italy 6.03 | 8 Australia 5.33 | 9 India 3.84 |
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