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Netherland-3rd largest Export Destination

  • According to the Commerce Ministry data, the Netherlands has emerged as India’s third largest export destination after the U.S. and UAE during 2023-24.
  • Even though, India’s merchandise exports contracted by 3.1% in 2023-24
  • The main commodities that registered healthy export growth in the Netherlands include petroleum products ($14.29 billion), electrical goods, chemicals, and pharmaceuticals in the last fiscal.
  • India’s trade surplus with the Netherlands rose to $17.4 billion in FY24 from $13 billion in FY23.

Dig Deeper: Which are the top export items of India in the financial year 2023-24?

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