Netherlands Is India's Third Largest Export Destination
- According to recent Commerce Ministry data, the Netherlands has become India's third-largest export destination in the fiscal year 2023-24, following the US and UAE, despite a slight dip in overall merchandise shipments by over 3%.
- Key commodities driving India's exports to the Netherlands include petroleum products along with electrical goods, chemicals, and pharmaceuticals.
- India's trade surplus with the Netherlands increased to USD 17.4 billion in 2023-24 from USD 13 billion in the previous fiscal year.
- The Netherlands has emerged as a European hub due to its efficient ports and extensive connectivity with the EU via roads, railways, and waterways, making it a strategic ....
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