Question: Which country has highest trade deficit with India?

Which country has the highest trade deficit?

Top 20 countries with the largest deficit

Rank Country Year
1 United States 2017 EST.
2 United Kingdom 2019 Q3 Only
3 India 2018-19 EST.
4 Canada 2017 EST.

Which country is biggest contributor of trade in India?

Largest trading partners with India

Rank Country Imports
1 United States 34.3
2 China 65.26
3 United Arab Emirates 30.22
4 Saudi Arabia 20.32

Which country is best for export from India?

Hemant Singh

Country Export value (2018-19) US$ Billion Percentage Share(2018-19)
1. China PRP 70.32 13.68
2. USA 35.55 6.92
3.United Arab Emirates 29.78 5.79
4.Saudi Arab 28.48 5.54

What country has the best trade?

Year-to-Date Total Trade

Rank Country Exports
Total, All Countries 1,578.9
Total, Top 15 Countries 1,078.7
1 Canada 300.3
2 China 122.0

Does any country have a surplus?

When a positive number is indicated (+), it will signify that the revenues exceeded the expenditures, which is called a budget surplus.

Countries With The Highest Budget Surplus vs GDP.

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Rank Country Surplus (as % of GDP)
1 Tuvalu 26.9 %
2 Macau 25.2 %
3 Qatar 16.1 %
4 Tonga 12.4 %

Who is the biggest importer of India?

The largest share of India’s imports came from China, accounting for nearly 14 percent in fiscal year 2020. United States followed at close to eight percent. India’s major imports, on the other hand, went to the United States in the same time period.

What is the main export of India?

Searchable List of India’s Most Valuable Export Products

Rank Indian Export Product 2019 Value (US$)
1 Processed petroleum oils $42,212,861,000
2 Diamonds (unmounted/unset) $21,909,135,000
3 Medication mixes in dosage $14,529,723,000
4 Jewelry $13,369,370,000

Which product India import most?

Here’s a list of top eight imported products in India:

  • Oil. Import cost – 177.5 billion USD. …
  • Precious stones. Import cost – 60 billion dollars. …
  • Electronics. Import cost – 32 billion USD. …
  • Heavy machinery. Import cost – 31 billion dollars. …
  • Organic chemicals. …
  • Plastics. …
  • Animal and vegetable oil. …
  • Iron and Steel.

29 сент. 2016 г.

What can I export from India to Dubai?

Which kinds of items are exported from India to Dubai, UAE?

  • Petroleum products. …
  • Nuts and edible products. …
  • Electronic products. …
  • Clothing. …
  • Textiles. …
  • Organic and Inorganic products. …
  • Daily Products. …
  • Metal Products.

29 янв. 2020 г.

Which country is best for export?

Top 20 export countries worldwide in 2019 (in billion U.S. dollars)

Exports in billion U.S. dollars
China 2,499.03
United States of America 1,645.63
Germany 1,489.16
Netherlands 709.23

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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Does India import more than export?

U.S. goods and services trade with India totaled an estimated $146.1 billion in 2019. Exports were $58.6 billion; imports were $87.4 billion.

What does Russia import from India?

1) Analysis of agriculture trade between India and Russia

India’s principal imports were pulses (peas and chickpeas) , corianders, crude oil of sunflowers, etc.

What do China import from India?

As we can see, the primary items China imports from us are iron and steel ores, chemicals and textile materials. Iron ore and its derivatives make up 53% of our total import to China, with other prominent raw materials being plastic, rubber and inorganic chemicals.

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