Top 25 countries India is doing trade with are China, USA, UAE, Saudi arab, Hong Kong, Germany, Switzerland, Korea, Indonesia, Singapore, Malaysia, Japan , Australia, Iraq, Iran, Belgium, UK, Vietnam, Nigeria, France, South Africa, Italy, Thailand, Qatar.
For complete Financial year 2016-17 Data, Click here
India’s top importing destination is China, china exports to India goods worth rs. 3.41 lacs crores, while India’s export to chine is mere 53k crores leaving a trade deficit of Rs. 2.88 lacs crores in favor of china. After China Most important country for India is USA. India’s exports to USA is 2.31 lacs crores while import is 1.18 lacs crores, trade balance is in favor of India with Rs. 1.13 lac crores.
Total export to top 25 countries is 9.94 lac crores, while import is 16.64 lacs crores. it generate negative trade balance of of Rs. 6.49 lac crores.
India’s trade balance is positive with USA, UAE, Hong kong, UK, Vietnam, Singapore, Italy and France. These countries generate 2.57 lacs crores trade balance in favor of India.
India’s trade balance is negative with China, Switzerland, Saudi arab, Iraq, Indonesia, Korea, Iran, Australia, Qatar, Japan, Nigeria, Germany, Malaysia, Thailand, south Africa and Belgium. These countries generate trade balance of Rs. 9.06 lac crores against India.
Persiod in consideration is Apr 2016- Jan 2017.
Values in Rs Crores.
| Rank | Country | Export | Import | Total Trade | Trade Balance |
| 1 | CHINA P RP | 53,063.98 | 341,732.39 | 394,796.37 | -288,668.40 |
| 2 | U S A | 231,841.11 | 118,259.69 | 350,100.80 | 113,581.42 |
| 3 | U ARAB EMTS | 168,809.63 | 114,409.44 | 283,219.07 | 54,400.19 |
| 4 | SAUDI ARAB | 27,743.23 | 107,737.81 | 135,481.04 | -79,994.58 |
| 5 | HONG KONG | 72,135.93 | 40,488.81 | 112,624.74 | 31,647.13 |
| 6 | GERMANY | 39,296.92 | 64,045.33 | 103,342.25 | -24,748.41 |
| 7 | SWITZERLAND | 4,952.19 | 87,446.31 | 92,398.50 | -82,494.11 |
| 8 | KOREA RP | 21,507.94 | 68,536.34 | 90,044.29 | -47,028.40 |
| 9 | INDONESIA | 18,375.91 | 71,447.32 | 89,823.23 | -53,071.41 |
| 10 | SINGAPORE | 45,669.35 | 38,845.45 | 84,514.80 | 6,823.90 |
| 11 | MALAYSIA | 27,952.34 | 49,184.36 | 77,136.71 | -21,232.02 |
| 12 | JAPAN | 20,617.57 | 54,592.62 | 75,210.20 | -33,975.05 |
| 13 | AUSTRALIA | 15,652.55 | 56,151.45 | 71,804.00 | -40,498.91 |
| 14 | IRAQ | 6,109.98 | 62,550.13 | 68,660.11 | -56,440.15 |
| 15 | IRAN | 13,084.97 | 55,404.21 | 68,489.17 | -42,319.24 |
| 16 | BELGIUM | 29,935.52 | 38,202.71 | 68,138.23 | -8,267.18 |
| 17 | U K | 47,055.43 | 20,914.33 | 67,969.76 | 26,141.10 |
| 18 | UNSPECIFIED | 13,426.77 | 46,459.39 | 59,886.16 | -33,032.63 |
| 19 | VIETNAM SOC REP | 35,869.40 | 18,608.61 | 54,478.02 | 17,260.79 |
| 20 | NIGERIA | 9,513.45 | 42,388.19 | 51,901.64 | -32,874.74 |
| 21 | FRANCE | 27,257.81 | 23,924.30 | 51,182.11 | 3,333.51 |
| 22 | SOUTH AFRICA | 18,477.97 | 30,541.82 | 49,019.79 | -12,063.86 |
| 23 | ITALY | 25,422.06 | 21,548.91 | 46,970.97 | 3,873.15 |
| 24 | THAILAND | 16,545.34 | 29,898.10 | 46,443.44 | -13,352.76 |
| 25 | QATAR | 4,243.44 | 41,083.62 | 45,327.06 | -36,840.18 |
| Total of Top countries | 994,560.81 | 1,644,401.65 | 2,638,962.46 | -649,840.85 | |
| India’s Total | 1,473,366.85 | 2,075,668.43 | 3,541,447.97 | -602,301.58 | |
| % Share of Top countries | 67.5 | 79.22 | 74.52 | 107.89 |
