India's Top Trading Partners After Corona

By Author: Varun Pratap Singh
Total Articles: 40
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India’s Top 15 Trading Partner

Below is a list highlighting 15 of India’s top trading partners in terms of countries that imported the most Indian shipments by dollar value during 2020. Also shown is each import country’s percentage of total Indian exports. United States:

1. US$49.3 billion (17.9% of India’s total exports)
2. China: $19 billion (6.9%)
3. United Arab Emirates: $18 billion (6.5%)
4. Hong Kong: $9.5 billion (3.5%)
5. Singapore: $8.3 billion (3%)
6. Bangladesh: $7.91 billion (2.9%)
7. United Kingdom: $7.77 billion (2.8%)
8. Germany: $7.7 billion (2.8%)
9. Netherlands: $6.3 billion (2.3%)
10. Malaysia: $6.2 billion (2.2%)
11. Saudi Arabia: $6.2 billion (2.2%)
12. Nepal: $5.9 billion (2.1%)
13. Belgium: $4.57 billion (1.7%)
14. South Korea: $4.52 billion (1.6%)
15. Vietnam: $4.5 billion (1.6%)

Formally named the Republic of India, India is a South Asian country that offers land borders with China, Nepal, and Bhutan to its north-east, Myanmar (Burma) and Bangladesh to its east, and Pakistan to its west. ...
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India Export data shows India sent out US$275.5 billion worth of items throughout the planet in 2020. That dollar sum mirrors a 5.6% expansion since 2016 yet a – 14.8% decay from 2019 to 2020.

Applying a mainland focal point, 46.9% of India’s fares by esteem were conveyed to individual Asian nations while 20.1% were offered to North American shippers. India delivered one more 18.7% worth of merchandise to Europe.

More modest rates went to Africa (9.5%), Latin America barring Mexico yet including the Caribbean (3.4%) then, at that point, Oceania drove by Australia (1.5%).

Around three-fifths (60.1%) of Indian fares in 2020 were conveyed to the over 15 exchange accomplices.

India developed its fare deals to only two among the above exchange accomplices specifically China (up 10%) and Saudi Arabia (up 3%). Driving the decliners year over year were shippers in the UAE (down – 39.2%), Netherlands (down – 29.7%) and Belgium (down – 26.2%).

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