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Netherlands Beats China, Becomes India’s 3rd-Largest Export Market

India’s 3rd-Largest Export Market
  • The Netherlands has emerged as India’s third-largest export destination, ahead of China and Bangladesh. It has moved up two spots in the list of India’s top ten export destinations since FY22, thanks to a 106% surge in dispatches until August this fiscal from a year before to $7.5 billion.
  • Brazil, which occupied the 21st spot in FY22, is now India’s 8th biggest export market. Similarly, Indonesia has moved up seven notches to grab the 7th position.
  • India’s exports to the Netherlands were driven mostly by a 238% jump in dispatches of oil products until August this fiscal to $3.67 billion.
     

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Published date : 26 Oct 2022 07:34PM

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