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The services trade (exports and imports) are not part of commodities trade. The trade surplus in services trade is US$70 billion in the year 2017–18. [3] Counting the European Union (EU) as one, the World Trade Organisation ranks India fifth for commercial services exports and sixth for commercial services imports. [4]
As of 2023, India is the seventh largest exporter of commercial services in the world, [12] accounting for 4.6% of global trade in services. India's service exports grew by 27%. [13] In September, India's prominent services industry experienced an acceleration in growth, buoyed by robust demand in the sector.
ASEAN-India Trade in Goods Agreement: CECA ASEAN: 13 August 2009 1 January 2010 [7] ASEAN-India Trade in Services Agreement: November 2014 1 July 2015 [7] [19] ASEAN-India Investment Agreement: November 2014 1 July 2015 [7] [19] Global System of Trade Preferences (GSTP) PTA 41 countries 13 April 1988 19 April 1989 India Mercosur Preferential ...
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
[343] [344] Foreign trade accounted for 48.8% of India's GDP in 2015. [345] Globally, India accounts for 1.44% of exports and 2.12% of imports for merchandise trade and 3.34% of exports and 3.31% of imports for commercial services trade. [344] India's major trading partners are the European Union, China, United States and United Arab Emirates ...
India International Trade Fair; India Thai Business Forum; India Trade Promotion Organisation; Indian Institute of Foreign Trade; Indian pulse export ban, 2006; Indo-German Chamber of Commerce; Indo-Roman trade relations; International Container Transshipment Terminal, Kochi; Investment Commission
The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings. Data was extracted from the World Trade Organization's Trade Profile Database. [1] [2]
[371] the current Foreign minister Samuel Santos López visited India in 2008 for the SICA-India Foreign ministers' meeting and in 2013 [372] for high-level talks with the then External Affairs Minister Salman Khurshid which also expanded bilateral trade with the two countries reaching a total of US$60.12 million during 2012–13.