Get All Access for $5/mo

Top 4 Trade Partner Countries of India The Indian government has been actively taking steps to transform the business landscape in the country. Recently, the government allowed 100% FDI in several sectors, including Oil, Energy and Infrastructure

By Vinayak Sharma

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

The Indian government has been actively taking steps to transform the business landscape in the country. Recently, the government allowed 100% FDI in several sectors, including Oil, Energy and Infrastructure. Neighboring countries are increasingly showing interest in India due to its growth potential and strengthening trade relationships. Trade agreements under RCEP and G20 summit are boosting business sectors in India.

4 Trade Partner Countries of India

United States of America: With the export of 23,479 million dollar and import of 39,200 million dollar, USA is the biggest business partner of India

China: China's import in India is estimated to be 29.17 Billion dollars and export 7.70 Billion USD

Due to Financial slowdown, Indo-China trade has fallen to 36.87 Billion China continues to remain one of the top 4 business partners of India

UAE: India's export with UAE has increased to 167.77 Billion USD. Last year it was 162 Billion USD. UAE and India have recently signed multiple deals in oil and Energy sectors to further strengthen business ties between the two countries

Hong Kong: With 4.1 per cent of the total Indian exports and 13.2 Billion USD trade with India, Hong Kong is the fourth business partner of India

With the export figure of INR 64.43 Billion, India maintained its export business with Hong Kong in 2019

Vinayak Sharma

Entrepreneur Staff

Correspondent, Entrepreneur India

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Growing a Business

How to Determine The Ideal Length of Your Marketing Emails Your Customers Will Actually Read

Wondering how long your marketing emails should be? Here's what consumers say — so you can send them exactly what they like.

Business News

New Southwest Airlines Major Investor Wants to Force Out CEO, Slams Company's 'Stubborn Unwillingness to Evolve'

Elliot Investment Management announced a $1.9 billion stake in the Dallas-based Southwest Airlines on Monday and is urging shareholders to vote for new leadership.

Business News

Elon Musk Threatens to Ban Employees from Using Apple Products, Says Will Lock Devices in 'Cages'

The Tesla founder sounded off on X following Apple's 2024 Worldwide Developer Conference on Monday.