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10 Biggest Trading Partners Of India In The World: India is one of the world’s fastest- growing economies and has built strong trade relations with many countries. Over the years, the country has exported a wide range of products including textiles, pharmaceuticals, machinery, IT services, and agricultural goods. Its biggest trading partners include the United States, China, UAE, Saudi Arabia, and several European and Asian nations. Among these, the United States remains India’s largest trading partner. However, the relationship has seen some friction recently. 

Recently, the U.S. rejected a large shipment of Indian mangoes that led to loss of Rs 400 crore of traders. This move signaled growing strictness in American import policies towards Indian agricultural products, raising concerns among exporters. Despite such setbacks, trade between the two countries remains strong. Meanwhile, India continues to deepen its trade ties with other nations, focusing on energy, electronics, and consumer goods. 

List Of 10 Largest Trading Partners Of India: Check Value Data Of Import And Exports Of Last Year 

In this article, we will take a closer look at the top 10 biggest trading partners of India and understand what goods are mostly exchanged between them and how these partnerships shape India’s global trade profile. 

S. N  Country  Export Value (In 2024) Import Value (In 2024)  Total Trade (In 2024) 
 1.  USA  $86.51 billion  $45.33 billion  $131.48 billion
 2.  China  $14.25 billion  $113 billion  $127.25 billion
 3.  UAE  $37.1 billion  $55.73 billion  $92 billion
 4.  Russia  $4.84 billion  $67.15 billion  $71.99 billion
 5.  Saudi Arabia  $6.36 billion  $30.64 billion  $37 billion
 6.  Iraq  $3.26 billion  $29.58 billion  $32.84 billion
 7.  Indonesia  $5.43 billion  $24.55 billion  $29.98 billion
 8.  Netherland  $24.22 billion  $3.33 billion  $27.55 billion
 9.  South Korea  $5.88 billion  $21.22 billion  $27.1 billion
 10.  Singapore  $15.62 billion  $6.89 billion  $22.51 billion

What India Exports And Imports To It's Trading Partners

1. United States 

The United States has remained India’s largest trading partner for a few years. India and USA total trade reached $131.48 billion. India exports IT services, pharmaceuticals, textiles, jewellery and machinery to the U.S. while importing crude oil, electronics, aircraft and medical equipment. The partnership is strong, though the U.S. has recently shown strictness, especially regarding agricultural imports like mangoes.

2. China 

India’s trade with China remains significant despite geopolitical tensions, totaling $127.25 billion. India exports $14.25 billion goods while receives 113 billion dollars worth of goods to China. India mainly imports electronics, machinery, chemicals, and medical products from China. In return, it exports iron ore, organic chemicals, cotton, and some engineering goods, though the trade balance is heavily in China’s favor.

3. United Arab Emirates 

The UAE is one of India’s closest trade allies, with trade valued at $92.83 billion in 2024-25. India exports gems and jewellery, petroleum products, cereals and textiles. From the UAE, India imports crude oil, gold, fertilizers, and chemicals, making energy a key part of the trade.

4. Russia 

India’s trade with Russia has grown due to increased energy cooperation, reaching $71.99 billion. Well, India imports a large amount of crude oil, fertilizers and defense equipment from Russia. In return, India exports pharmaceuticals, tea, coffee, electronics and some industrial machinery.

5. Saudi Arabia 

Saudi Arabia is a vital energy supplier to India, with trade touching $37 billion. India imports crude oil, fertilizers, and petrochemical products. It exports rice, textiles, engineering goods, and chemicals. This trade is heavily focused on oil but continues to expand to other sectors.

6. Iraq 

India’s trade with Iraq, totaling $32.84 billion, is dominated by energy. Iraq supplies India with large quantities of crude oil. India, in return, exports rice, tea, pharmaceuticals, and mechanical equipment. The relationship is largely built on oil trade, with scope for more diversification.

7. Indonesia

India and Indonesia share a growing trade relationship worth $29.98 billion. India imports palm oil, coal, minerals, and natural rubber from Indonesia. On the other hand, India exports refined petroleum, iron and steel, cereals, and pharmaceuticals to Indonesia.

8. Netherlands 

Trade between India and the Netherlands reached $27.55 billion in 2024. India exports machinery, electronics, petroleum products, and pharmaceuticals. Imports include medical instruments, high-tech equipment, and chemicals. The Netherlands also serves as a gateway for Indian goods to the European Union.

9. South Korea 

India’s trade with South Korea stands at $27.1 billion. India imports electronics, automobile parts, steel, and chemicals. It exports petroleum products, textiles, organic chemicals, and machinery. The partnership is focused on manufacturing and technology exchange.

10. Singapore 

India and Singapore have a strong trade partnership worth $22.51 billion. India exports petroleum products, gems and jewelry, machinery, and food items. From Singapore, India imports electronics, high-end tech products, and financial services. The relationship is also strengthened by Singapore’s role as a regional trade hub.