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Netherlands is India's 3rd largest export destination in 2023-24
Published on 11 Jun 2024
- The Netherlands became India's third-largest export destination in 2023-24, following the US and UAE, marking a significant position in India's trade hierarchy.
- Despite a minor decline in India's overall merchandise exports, the trade surplus with the Netherlands grew substantially to USD 17.4 billion in 2023-24, up from USD 13 billion in the previous fiscal year.
- The significant increase in trade surplus highlights the strong and growing economic relationship between India and the Netherlands, reflecting robust bilateral trade dynamics.
Source: SarkariPariksha