Arab Countries (UAE and Saudi) Are India's Largest Trading Partners

[Aramagedon]

According to the Ministry of Commerce, the fifteen largest trading partners of India represent 60% of total trade by India and 80% of its trade deficit in the financial year 2012-13. These figures do not include services or foreign direct investment, but only trade in goods. The two largest goods traded by India are Mineral fuels (refined / unrefined) and gold (finished gold ware or gold metal). In the year 2013-14, mineral fuels (HS code 27) are 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) are the second largest traded item 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 largest Indian partners with their total trade (sum of imports and exports) in millions of US Dollars for financial year 2012–2013 are as follows:

This list does not include the Gulf Cooperation Council (GCC), which includes two (UAE and Saudi Arabia) of the above states in a single economic entity. As a single economy the Gulf Cooperation Council (GCC) is the largest trading partner of India with almost $160 billion in total trade.

This list also does not include the European Union(EU), which includes two (Germany and Belgium) of the above states in a single economic entity. As a single economy, the EU is the second largest trading partner of India with €40.5 billion worth of EU goods going to India and €39.4 billion of Indian goods going to the EU as of 2011, totalling approximately €79.8 billion ($104 Billion USD) in total trade.

Wikipedia

 

[Aramagedon]

Top 10 Trade Partners of India

India is the second largest populous country with a population of over 1.1 billion. The economy grew at a robust pace up until recently after the India opened up its economy and implemented economic reforms. In 2010, the GDP was estimated to be $4.06 Trillion based on Purchasing Power Parity (PPP). The growing economy has led to higher trade with other countries as India competes with China to become a leading manufacturing base.

The following chart shows the Top Trade Partners of India:



Due to high imports of oil and natural gas from the Middle East, UAE and Saudi Arabia appear in this list. Despite strong trade relationship with the U.S. due to off-shoring of IT work and call center businesses, the U.S. ranks as the third as the third trade partner. It is interesting to note that China is a major partner of India. The Indian scenario is similar to Brazil where growth in trade is higher between Brazil and China than with Brazil and the U.S.

 

[Gufi]

This list does not include the Gulf Cooperation Council (GCC), which includes two (UAE and Saudi Arabia) of the above states in a single economic entity.

I think the high number of expatriates and Oil respectively are big reasons for this. True trade occurs with China, I guess.
Could you please break down country with imports and exports, or otherwise make a list of the exports and imports overall.

 

[Aramagedon]

I think the high number of expatriates and Oil respectively are big reasons for this. True trade occurs with China, I guess.
Could you please break down country with imports and exports, or otherwise make a list of the exports and imports overall.

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[SrNair]

India and ME nations have centuries of trade relations.
The trade between GCC and India is too strong.Both are interlinked with oil,expatriates and huge trade .Around 7 million Indians are also in GCC.But other ME nations dont have such Indian immigrants.For example Iran.
AFAIK Indian immigration to Persia is totally non existent.But we are buying a lot of oil from Iran.

 

[Aramagedon]

India and ME nations have centuries of trade relations.
The trade between GCC and India is too strong.Both are interlinked with oil,expatriates and huge trade .Around 7 million Indians are also in GCC.But other ME nations dont have such Indian immigrants.For example Iran.
AFAIK Indian immigration to Persia is totally non existent.But we are buying a lot of oil from Iran.

UAE is made by Indian and Pakistanis, Also Iranian money...

@scythian500

 

[Sipahi]

and they come to Pakistan Barking with open mouth asking us to defend them ?????

 

[Aramagedon]

and they come to Pakistan Barking with open mouth asking us to defend them ?????

Comprehensive hypocrisy which Arabs are best in that

 

[Zarvan]

and they come to Pakistan Barking with open mouth asking us to defend them ?????

You know what it would mean if Indian troops go in please you common sense for GOD sake.

hypocrisy

No it isn't common sense asking India for help is basically producing more Al Qaeda recruits

 

[Imran Khan]

that is why i said we must have relations with all sides but some wanna be arabs here don't want to see pakistan have relations with israel

 

[SrNair]

UAE is made by Indian and Pakistanis, Also Iranian money...

@scythian500

@2800
Look at the table.
What is necessity of 38 billion $ imprt of UAE when there population is just around few millions?
Did you actually think that all those imports are for UAE Arabs?
Not at all my friend.
Majority of that imports is again diverting to the Pakistan .
What an irony
Am I right?
Direct trade between India and Pakistan is just two billion.But a Arab nation is cashin on the ego our western neighbour.Had it been a direct China India like relation Pakistan would have been successful in saving a lot of there Forex.

GCC is developed because of the oil and effort of SA and others.

that is why i said we must have relations with all sides but some wanna be arabs here don't want to see pakistan have relations with israel

Even their patrons KSA has hidden relation with Israel.

 

[Imran Khan]

Even their patrons KSA has hidden relation with Israel.

we are stupids and i admit it

 

[waz]

Not a surprise. India is a global player when it comes to trade and with hundreds of years of ties with the Middle East, this just amplifies things.

that is why i said we must have relations with all sides but some wanna be arabs here don't want to see pakistan have relations with israel

Of course there is one rule for Pakistan and another for other countries. Although I don't believe in this rubbish that India and Pakistan have issues therefore Pakistan's friends shouldn't trade with India. That is simply childish, playground behaviour.

 

[Imran Khan]

Not a surprise. India is a global player when it comes to trade and with hundreds of years of ties with the Middle East, this just amplifies things.



Of course there is one rule for Pakistan and another for other countries. Although I don't believe in this rubbish that India and Pakistan have issues therefore Pakistan's friends shouldn't trade with India. That is simply childish, playground behaviour.

and if arabs have good relations with india then whats pain in our butt that we made hostile a whole god damn power full JEW lobby and israel ? just because arabs have territorial dispute with israel ? so we have also a territorial dispute with india . simple thing is we see everything with glasses of religion and slave mindset

 

[waz]

and if arabs have good relations with india then whats pain in our butt that we made hostile a whole god damn power full JEW lobby and israel ? just because arabs have territorial dispute with israel ? so we have also a territorial dispute with india . simple thing is we see everything with glasses of religion and slave mindset

Like I said before "playground" behaviour. No one should be concerned with who Pakistan trades with or talks to.