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VIKRAM VARAL

EXIM TRADE IN COMMOD...Ā ā€¢Ā 4m

#Short News Between two Country India and Netherlands Import Export Trade. 1. The Netherlands became India's third largest export destination in April-December 2022. 2. India had a US$12.3 billion trade surplus with the Netherlands in 2022. 3. Indian exports to the Netherlands grew significantly, reaching US$13.67 billion in April-December 2022. 4. Petroleum products, electronics, chemicals, and aluminum drove the trade growth. 5. The Netherlands' efficient logistics and business environment attract Indian exporters. 6. The Netherlands is among India's top five investor countries. 7. Key areas of cooperation include agriculture, health, and water management.

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Merchandise imports for the period April-December 2023 were USD 505.15 Billion as against USD 548.64 Billion during April-December 2022. The merchandise trade deficit for April-December 2023 was estimated at USD 188.02 Billion as against USD 212.34 B

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Mahendra Lochhab

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India's biggest export industry is petroleum products. This includes refined oil, liquefied petroleum gas, and petrochemicals.

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In the fiscal year 2023-24, India's pharmaceutical exports reached USD 27.9 billion, with the US, UK, and Netherlands being the top destinations.

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Mahendra Lochhab

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India's revenue from pharmaceutical exports was $25.3 billion in the 2022-2023 financial year.

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During April-December this financial year, exports increased by 1.6 per cent to $321.71 billion and imports by 5.15 per cent to $532.48 billion.

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Mahendra Lochhab

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In 2022, India's millet industry was valued at approximately USD 5.05 billion.

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As of April 1, 2023, India's estimated coal reserves were 378.21 billion tonnes.

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India's agricultural exports in 2022-2023 were $53.1 billion, which was 11.8% of the country's total merchandise exports.

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India's chair market is valued at USD 23.12 billion in 2022 and is projected to reach USD 43.01 billion by 2028.

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India's Forex Reserves hit a record high. ā€¢ Forex Reserves have jumped now by $7.02 billion to a new high of $681.69 billion. ā€¢ India's GDP grows by 6.7% in April-June

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