India's Trade with SAARC Countries

Bangladesh is India's largest trading partner in the SAARC region, accounting for over 20% of India's total trade with SAARC countries.

Textiles are the main export from India to SAARC countries, accounting for over 25% of India's total exports to the region.

Nepal is India's second largest trading partner in the SAARC region, accounting for over 15% of India's total trade with SAARC countries.

Agricultural products are the main import from SAARC countries to India, accounting for over 30% of India's total imports from the region.

Pakistan has the highest trade deficit with India among SAARC countries, with imports from India far exceeding exports to India.

The total value of India's trade with SAARC countries is estimated to be around $30 billion.

Nepal has the lowest trade deficit with India among SAARC countries, with exports to India almost matching imports from India.

Road is the main mode of transportation for trade between India and SAARC countries, accounting for over 60% of the total trade volume.

Bhutan has the highest trade surplus with India among SAARC countries, with exports to India far exceeding imports from India.

Lack of infrastructure, particularly in transportation and logistics, is the main challenge facing trade between India and SAARC countries.

Maldives has the highest per capita trade with India among SAARC countries, due to its small population and high dependence on imports from India.

The main objective of the SAARC Trade Agreement is to promote trade among SAARC countries by reducing tariffs and other trade barriers.

Afghanistan has the lowest per capita trade with India among SAARC countries, due to its landlocked location and political instability.

The future outlook for trade between India and SAARC countries is positive, with the potential for further growth in trade volumes and economic cooperation.