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Singapore increased its import purchases from India from to by In second place was China with a Vietnam boosted its imports from India by United Arab Emirates was the only top trade partner to cut back on its imports from India, posting a modest 0. As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit.

It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing partners. India incurred the highest trade deficits with the following countries:. India incurred the highest trade surpluses with the following countries:.

India placed 54 corporations on the Forbes Global rankings. Many of these are major Indian export companies. Below is a selection of some of the biggest Indian corporations. The World Factbook, Field Listing: Imports — Commodities , Central Intelligence Agency. Accessed on March 27, TradeIndia.

Accessed on March 27, World's Top Exports Trade metrics that inspire global thinking. India incurred the highest trade deficits with the following countries: India incurred the highest trade surpluses with the following countries: Asia , Import News , India , Top partners.

Can you name the no. Get the scoop here! Terms and Conditions Respecting Your Privacy. Return to top of page.