Netherlands is India's 3rd largest export destination in 2023-24

Netherlands is India's 3rd largest export destination in 2023-24

Daily Current Affairs   /   Netherlands is India's 3rd largest export destination in 2023-24

Change Language English Hindi

Category : Miscellaneous Published on: June 11 2024

Share on facebook
  • The Netherlands became India's third-largest export destination in 2023-24, following the US and UAE, marking a significant position in India's trade hierarchy.
  • Despite a minor decline in India's overall merchandise exports, the trade surplus with the Netherlands grew substantially to USD 17.4 billion in 2023-24, up from USD 13 billion in the previous fiscal year.
  • The significant increase in trade surplus highlights the strong and growing economic relationship between India and the Netherlands, reflecting robust bilateral trade dynamics.
Recent Post's
  • The US launches the Gold Card, an investor-linked residency scheme offering fast-track permanent residency and citizenship for wealthy individuals and corporations.

    Read More....
  • Google for Startups Hub at T-Hub Hyderabad offers AI-focused startups mentorship, coworking space, and investor access, boosting India’s deep-tech entrepreneurship.

    Read More....
  • Mexico imposes tariffs of up to 50% on over 1,400 products from India, China, and other Asian countries from January 2026 to protect domestic industries.

    Read More....
  • Varanasi becomes India’s first city to launch a hydrogen-powered water taxi service, promoting sustainable inland transport along the Ganga.

    Read More....
  • Maharashtra has introduced a new regulatory framework to overhaul Mumbai’s century-old Pagdi system and boost redevelopment of ageing buildings.

    Read More....
  • Maharashtra launched MahaCrimeOS AI, an advanced AI-powered platform to speed up cybercrime investigations.

    Read More....
  • TIME Magazine named the “Architects of AI” as the 2025 Person of the Year, honouring leaders driving global AI transformation.

    Read More....
  • India and Liberia signed an MoU to strengthen cooperation in pharmacopoeia and medicine quality standards.

    Read More....
  • Kolkata unveils the world’s largest 70-foot iron statue of Lionel Messi ahead of the 2026 FIFA World Cup.

    Read More....
  • Punjab honours Yuvraj Singh and Harmanpreet Kaur with stadium stands named after them at Mullanpur.

    Read More....