Press Information Bureau

Government of India

Ministry of Commerce & Industry

21-November-2016 16:57 IST

The details of total trade of India with the neighbouring countries, including Nepal, during the last three years and the current year (up to August, 2016) are given below:

Value in US$ Million

S.No.	Country	2013-2014		2014-2015		2015-2016		2016-17(Apr-Aug)
		Exports	Imports	Exports	Imports	Exports	Imports	Exports	Imports
1	AFGHANISTAN TIS	474.34	208.77	422.56	261.91	526.6	307.9	208.95	73.01
2	BANGLADESH PR	6,166.97	484.34	6,451.48	621.37	6,034.95	727.15	2,294.32	308.74
3	BHUTAN	355.6	152.17	333.94	149.87	468.95	281.27	216.7	62.18
4	MALDIVES	106.07	3.97	152.38	4.32	179.04	4.29	72.85	4.7
5	NEPAL	3,592.30	529.93	4,558.77	639.91	3,930.09	470.59	1,983.70	173.25
6	PAKISTAN IR	2,274.30	426.88	1,857.29	497.31	2,171.16	441.03	633.34	187.56
7	SRI LANKA DSR	4,534.35	666.93	6,703.72	756.17	5,309.53	742.79	1,536.13	234.39
	Total	17,503.92	2,472.98	20,480.14	2,930.85	18,620.32	2,975.01	6945.99	1043.83

Source: DGCI&S Database

 

The Government continues to engage proactively with SAARC countries, including Nepal, to strengthen trade and economic relations. Issues impacting bilateral trade, raised by these countries, are taken up for an early resolution. Bilateral and multilateral trade discussions are held with these countries from time to time to explore mechanisms for enhancement of cross border trade.

Issues relating to improvement of trade infrastructure in the form of upgradation of Land Customs Stations are also coordinated.

Further, assistance is provided under Market Access Initiative(MAI) and Market Development Assistance(MDA) schemes to Indian exporters, Export Promotion Councils, Apex Trade Bodies etc. for participation in events in foreign countries, including Nepal.

The share of India’s exports to the SAARC countries vis-a-vis India’s total exports has increased from 5.57% in 2013-14 to6.42% in 2016-17(April-August) and the share of India’s imports from the SAARC countries vis-a-vis India’s total imports has increased from 0.55% in 2013-14 to 0.73% in 2016-17 (April-August), thereby strengthening India’s gains from trade.

This information was given by the Commerce and Industry Minister  Smt. Nirmala Sitharaman in a written reply in Lok Sabha today

********

MJPS

Trade engagement with neighbouring countries increases export and import shares while government supports exporters through MAI and MDA. The Government reports bilateral trade figures with neighbouring countries and records an increased share of India's exports and imports with SAARC partners. It proactively engages in bilateral and multilateral discussions to resolve trade issues, coordinates upgradation of Land Customs Stations to improve trade infrastructure, and extends support to exporters and trade bodies through the Market Access Initiative and Market Development Assistance schemes to enhance cross-border trade.