Lok Sabha Question No. 1896 (UNSTARRED), answered on 2025-03-11
Subject: Bilateral and Multilateral Trade
Ministry: COMMERCE AND INDUSTRY
Asked by: Dr. Angomcha Bimol Akoijam

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY (DEPARTMENT OF COMMERCE)

## LOK SABHA UNSTARRED QUESTION NO. 1896 ANSWERED ON 11/03/2025

## BILATERAL AND MULTILATERAL TRADE

## 1896. DR. ANGOMCHA BIMOL AKOIJAM:

Will the Minister of COMMERCE & INDUSTRY ( वाणिज्य एवं उद्योग मं त्री ) be pleased to state:

(a) the  details  of  bilateral  and  multilateral  trade  agreements  India  has  with  Myanmar  and other South-East Asian countries;

(b) the details of products exported by India to, and imported from, these countries, item and country-wise;

(c) whether  the  Government  has  a  trade  surplus  or  deficit  with  these  countries,  if  so,  the details thereof; and

(d) whether the Government has any plans to expand trade with these countries, if so, and whether such expansion will benefit the people in the bordering States of the North-East; and

(e) if so, the details thereof?

## ANSWER

## वाणिज्य और उद्योग मंत्रालय में राज्य मंत्री (श्री णिणिन प्रसाद)

## THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI JITIN PRASADA)

(a) India  has  Trade  Agreements  on  Goods,  Services  and  Investment  with  Association  of South-East  Asian  Nations  (ASEAN) of which,  Myanmar is  also  a  member country.  India  has bilateral trade agreements with some of the ASEAN member countries namely Singapore (IndiaSingapore  CECA),  Malaysia  (India-Malaysia  CECA)  and  Thailand  (Early  Harvest  Scheme (EHS).

(b) The  requisite  details  are  available  on  the  website  of  Department  of  Commerce  at http://commerce.gov.in under  the  link 'Trade  statistics' and  then 'Export  Import  Data Bank'.

(c) A statement showing trade surplus/deficit  with  ASEAN countries during 2023-2024 is attached as Annexure.

(d)  &  (e) Expanding  the  trade  with  different  countries  is  a  continuous  and  ongoing  process. Accordingly,  regular  reviews  of  trade  agreements  are  done  to  expand  trade  with  ASEAN countries for the benefit of citizen of India including those in the bordering states of the NorthEast.

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## Annexure refer to in reply to part (c) of the Lok Sabha Unstarred Question no. 1896 for Answer on 11.03.2025

## Statement showing trade surplus/deficit with ASEAN countries during 2023-2024

(Values in USD million)

|   S.No | Country     | India's export   | India's import   | Trade Balance   |
|--------|-------------|------------------|------------------|-----------------|
|      1 | BRUNEI      | 67.44            | 218.76           | -151.32         |
|      2 | CAMBODIA    | 185.39           | 218.40           | -33.01          |
|      3 | INDONESIA   | 5,988.88         | 23,410.61        | -17,421.73      |
|      4 | LAO PD RP   | 12.88            | 99.73            | -86.85          |
|      5 | MALAYSIA    | 7,262.15         | 12,754.01        | -5,491.86       |
|      6 | MYANMAR     | 670.37           | 1,075.65         | -405.28         |
|      7 | PHILIPPINES | 2,097.17         | 1,433.60         | 663.57          |
|      8 | SINGAPORE   | 14,414.27        | 21,199.25        | -6,784.98       |
|      9 | THAILAND    | 5,038.97         | 9,909.23         | -4,870.26       |
|     10 | VIETNAM     | 5,470.15         | 9,345.07         | -3,874.92       |

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