List of the largest trading partners of India - wikipedia List of the largest trading partners of India According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 59.37 % of total trade by India in the financial year 2015 - 2016. These figures include trade in goods and commodities, but do not include services or foreign direct investment. 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 2013 - 14, gold and its finished items ( HS code 71 ) were the second largest traded items with 58.465 billion US $ worth imports and 41.692 billion US $ worth re-exports after value addition. These two goods are constituting 53 % total imports, 34 % total exports and nearly 100 % of total trade deficit ( 136 billion US $ ) of India in the financial year 2013 - 14. The services trade ( exports and imports ) are not part of commodities trade. The trade surplus in services trade is US $ 73 billions in the year 2013 - 14. Counting the European Union as one, the WTO ranks India fifth for commercial services exports and sixth for commercial services imports. The two main destinations of exported Indian merchandises is the EU market and the USA, when the two main markets of origin are China and the EU Contents 1 Largest trading partners 2 Countries of which India is the largest trading partner 3 Export partners 4 Import partners 5 See also 6 References Largest trading partners India 's largest trade partners with their total trade ( sum of imports and exports ) in billions of US dollars for the financial year 2017 -- 18 were as follows : Rank Country Exports Imports Total Trade Trade Balance China 16.34 68.06 84.4 - 51.72 United States 48.6 25.7 74.3 22.9 United Arab Emirates 30.29 19.45 49.74 10.84 Saudi Arabia 6.39 20.32 26.72 - 13.93 5 Switzerland 0.98 19.30 20.28 - 18.32 6 Germany 7.09 12.09 20.33 - 5.25 7 Hong Kong 13.7 20.34 34.04 - 6.64 8 Indonesia 2.82 13.13 19.05 - 10.96 9 South Korea 3.52 13.05 18.13 - 8.93 10 Malaysia 3.71 9.08 16.93 - 5.30 11 Singapore 7.72 7.31 16.93 2.68 12 Nigeria 2.22 9.95 16.36 - 11.00 13 Belgium 5.03 8.26 16.33 - 5.29 14 Qatar 0.90 9.02 15.66 - 13.55 15 Japan 4.66 9.85 15.52 - 4.75 16 Iraq 1.00 10.84 15.08 - 13.42 17 Kuwait 1.25 4.97 14.58 - 12.18 18 United Kingdom 8.83 5.19 14.34 4.30 19 Iran 2.78 6.28 13.13 - 4.78 20 Australia 3.26 8.90 13.03 - 7.47 21 Venezuela 0.13 5.70 11.99 - 11.47 22 South Africa 3.59 5.95 11.72 - 3.40 - Remaining Countries 126.78 104.92 231.70 21.86 India 's Total 262.29 381.01 758.30 - 137.63 Countries of which India is the largest trading partner India is the primary export or import partner of several countries. The percentages on these tables are based on 2017 data as shown on the CIA World Factbook. Exports Region Percentage Bhutan 95.3 % Guinea - Bissau 67.1 % Afghanistan 56.5 % Nepal 53.1 % Nigeria 30.6 % Mozambique 28.1 % Ghana 23.8 % Tanzania 21.8 % Iraq 21.2 % United Arab Emirates 10.1 % Imports Region Percentage Bhutan 89.5 % Nepal 70.2 % Sri Lanka 22.0 % Burundi 18.5 % Mauritius 17.9 % Tanzania 16.5 % Export partners India exports approximately 7500 commodities to about 192 countries. India exported US $ 264 billion worth of commodities in 2015. The following table shows India 's 11 largest destinations for exports : Rank Country Value ( US $ billion ) Share of overall exports United States 40.4 15.3 % United Arab Emirates 30.3 11.5 % Hong Kong 12.2 4.6 % China 9.5 3.6 % 5 United Kingdom 8.9 3.4 % 6 Singapore 7.8 3 % 7 Germany 7 2.7 % 8 Saudi Arabia 7 2.7 % 9 Sri Lanka 5.5 2.1 % 10 Bangladesh 5.5 2.1 % 11 Vietnam 5.3 2 % Import partners India imports around 6000 commodities from 140 countries. India imported $390.7 billion worth of commodities in 2015, down by 15 % from the previous year. The following table shows India 's 11 largest sources of imports : Rank Country Value ( US $ billion ) Share of overall imports China 61.5 15.8 % Saudi Arabia 21.4 5.5 % Switzerland 21.1 5.4 % United States 20.5 5.2 % 5 United Arab Emirates 20.3 5.2 % 6 Indonesia 13.9 3.5 % 7 South Korea 13.1 3.4 % 8 Germany 11.8 3 % 9 Iraq 11.3 2.9 % 10 Nigeria 10.2 2.6 % 11 Qatar 9.7 2.5 % See also Foreign trade of India Economy of India References Jump up ^ http://commerce.nic.in/eidb/iecnttopn.asp Jump up ^ `` Total Trade : : 25 Top countries ''. commerce.nic.in. Department of Commerce. Retrieved 20 December 2015. Jump up ^ `` Statistics - Services Export Promotion Council ''. Department of Commerce. Retrieved 20 December 2015. Jump up ^ https://www.wto.org/english/res_e/booksp_e/trade_profiles17_e.pdf Jump up ^ https://www.wto.org/english/res_e/booksp_e/trade_profiles17_e.pdf Jump up ^ `` Total Trade ''. commerce.nic.in. Department of Commerce. 2015 -- 16. Retrieved 29 January 2017. Jump up ^ `` Exports -- partners ''. The World Factbook. Retrieved 2018 - 10 - 21. Jump up ^ `` Imports -- partners ''. The World Factbook. Retrieved 2018 - 10 - 21. Jump up ^ Macroeconomics and Elementary Statistics. FK Publications. ISBN 9788187140900. Jump up ^ `` Top India Exports ''. www.worldsrichestcountries.com. Retrieved 2015 - 12 - 07. Jump up ^ `` India Import Export Data ''. www.eximatlasindia.com. Retrieved 2018 - 03 - 07. Jump up ^ Macroeconomics and Elementary Statistics. FK Publications. ISBN 9788187140900. Jump up ^ `` Top India Imports Export Data ''. www.eximatlasindia.com. Retrieved 2018 - 03 - 07. Jump up ^ `` Top India Imports ''. www.worldsrichestcountries.com. Retrieved 2015 - 12 - 07. International trade Terminology Absolute advantage Balance of payments Balance of trade Capital account Comparative advantage Current account Export - oriented industrialization Fair trade Foreign exchange reserves Globalization Import substitution industrialization Net capital outflow Outsourcing Outstaffing Tariff Trade justice Trade war Trading nation Organizations and policies International Monetary Fund ( IMF ) United Nations Conference on Trade and Development World Bank Group World Trade Organization ( WTO ) International Trade Centre International Chamber of Commerce Bilateral investment treaty Economic integration Incoterms ATA Carnet Free - trade zone Special economic zone Trade agreement Trade barrier Trade bloc Political economy Free trade ( Adam Smith, The Wealth of Nations, Repeal of the Corn Laws ) Mercantilism Protectionism ( Economic nationalism, Autarky ) Regional organizations ACU ASEAN CACM CAN CARICOM CEMAC CUBKR EAC EAU EU GCC Mercosur RCEP SAARC SACU WAEMU Exports by product Aircraft & Spacecraft Aircraft parts Aluminium Cars Car parts Coal Coffee Computers Copper Corn Cotton Diamonds Electricity Engines Gas turbines Gold Integrated circuits Iron ore Natural gas Oil Petrol Pharmaceuticals Ships Steel Telecommunications equipment Telephones Trucks Wheat Wine Commons Retrieved from `` https://en.wikipedia.org/w/index.php?title=List_of_the_largest_trading_partners_of_India&oldid=865142779 '' Categories : Economy of India lists Foreign trade of India Economy - related lists of superlatives Indian superlatives Lists of trading partners Talk Contents About Wikipedia हिन्दी தமிழ் Edit links This page was last edited on 22 October 2018, at 01 : 17 ( UTC ). 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Question: share of export from india is the maximum to the following country
Answer: United States