India's Trade with ASEAN Countries

Singapore is India's largest trading partner among ASEAN countries, accounting for over 20% of India's total trade with the region.

Petroleum products are the main commodity exported by India to ASEAN countries, accounting for over 25% of India's total exports to the region.

Vietnam is the largest importer of Indian pharmaceuticals among ASEAN countries, accounting for over 20% of India's total pharmaceutical exports to the region.

Electronic goods are the main commodity imported by India from ASEAN countries, accounting for over 25% of India's total imports from the region.

Singapore is the largest exporter of electronic goods to India among ASEAN countries, accounting for over 50% of India's total imports of electronic goods from the region.

The total value of trade between India and ASEAN countries in 2022 was estimated to be around $200 billion.

Vietnam has the highest trade deficit with India among ASEAN countries, importing more goods from India than it exports.

Singapore has the highest trade surplus with India among ASEAN countries, exporting more goods to India than it imports.

The main objective of the India-ASEAN Free Trade Agreement (FTA) is to promote trade and investment, reduce tariffs and barriers, and enhance economic cooperation between India and ASEAN countries.

The India-ASEAN Free Trade Agreement (FTA) was signed in 2009.

Brunei is not a member of the Regional Comprehensive Economic Partnership (RCEP).

The main objective of the Regional Comprehensive Economic Partnership (RCEP) is to create a single market, reduce tariffs and barriers, and promote economic cooperation among its member countries.

The Regional Comprehensive Economic Partnership (RCEP) was signed in 2020.

There are 15 member countries of the Regional Comprehensive Economic Partnership (RCEP).

The United States is not a member of the Regional Comprehensive Economic Partnership (RCEP).