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The two largest goods traded by India are mineral fuels (refined / unrefined) and gold (finished gold ware / gold metal). In the year 2013–14, mineral fuels (HS code 27) were the largest traded item with 181.383 billion US$ worth imports and 64.685 billion US$ worth re-exports after refining. In the year 2024–2025, gold and its finished ...
The India-Middle East-Europe Economic Corridor (IMEC) is a planned economic corridor that aims to bolster economic development by fostering connectivity and economic integration between Asia, the Persian Gulf and Europe. [1][2] The corridor is a proposed route from India to Europe through the United Arab Emirates, Saudi Arabia, Israel and Greece.
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.
Exports in million US$ Share of total exports Leading export good Year 1 Gujarat: 146,485 33.55% Petroleum products 2022/23 2 Maharashtra: 72,498 16.60% Engineering goods 2022/23 3 Tamil Nadu: 40,673 9.32% Engineering goods 2022/23 4 Karnataka: 27,884 6.39% Petroleum products 2022/23 5 Uttar Pradesh: 21,686 4.97% Electronic goods 2022/23 6 ...
The EU is India's largest trading partner with 12.5% of India's overall trade between 2015 and 2016, ahead of China (10.8%) and the United States (9.3%). India is the EU's 9th largest trading partner with 2.4% of the EU's overall trade. Bilateral trade (in both goods & services) reached €115 billion in 2017 [3] EU exports to India have grown ...
September 3, 2024 at 11:20 AM. ISTANBUL (Reuters) - Turkey has taken no concrete steps towards meeting its stated desire to join the BRICS group of emerging economies but "a process is underway ...
The following is the list of top twenty export product categories. Data is for 2015, in millions of United States dollars, as reported by Department of Commerce, Government of India. 1. NATURAL OR CULTURED Pearl S, PRECIOUS OR Semiprecious STONES, PRE.METALS, CLAD WITH PRE.METAL AND ARTICLES THEREOF;IMIT.JEWLRY;COIN.
The spice trade involved historical civilizations in Asia, Northeast Africa and Europe. Spices, such as cinnamon, cassia, cardamom, ginger, pepper, nutmeg, star anise, clove, and turmeric, were known and used in antiquity and traded in the Eastern World. [1] These spices found their way into the Near East before the beginning of the Christian ...