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Home > All news > Export Import, Report & Analysis > Netherlands emerges as India’s 3rd largest export destination in 2023-24

Netherlands emerges as India’s 3rd largest export destination in 2023-24

June 6, 2024
Reading Time: 2 minutes
Graph showing India's services exports decline in September.

New Delhi - The Netherlands has emerged as India’s third largest export destination after the US and UAE during 2023-24, even as the country’s merchandise shipments dipped by over 3 per cent, according to the commerce ministry data.

The main commodities which registered healthy exports growth in the Netherlands include petroleum products (USD 14.29 billion), electrical goods, chemicals, and pharmaceuticals in the last fiscal.

India’s trade surplus with the Netherlands has increased to USD 17.4 billion in the last fiscal from USD 13 billion in 2022-23.

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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