 |
Major Trading Partners |
|
|
Major Trading Partners |
Brazil, Mexico, Argentina, Chile, Peru, Colombia, Venezuela, and Panama are India’s major trading partners constituting around 90% of the total trade with the LAC region. The FOCUS: LAC programme aims at focussing on the Latin American region, with added emphasis on the eight major trading partners of the region. A statement showing India’s trade with these trading partners in LAC is at Annex-II.
BILATERAL TRADE WITH EIGHT MAJOR LAC COUNTRIES DURING THE LAST 5 YEARS:
(in US $ mn.)
|
|
2001-02 |
2002-03 |
2003-04 |
2004-05 |
2005-06 |
|
|
Overall (LAC) |
Exports |
1455.71 |
1636.36 |
1777.13 |
2160.71 |
2956.01 |
|
Imports |
989.73 |
1044.92 |
1194.13 |
2054.80 |
2409.43 |
|
|
Balance (+/-) |
465.98 |
(+)591.44 |
(+)583.00 |
(+)105.91 |
(+)546.58 |
|
|
Argentina |
Exports |
68.58 |
60.32 |
87.00 |
186.32 |
195.21 |
|
Imports |
436.00 |
404.17 |
523.90 |
539.59 |
703.41 |
|
|
Balance (+/-) |
(-)371.42 |
(-)343.85 |
(-)436.90 |
(-)353.28 |
(-)508.19 |
|
|
Brazil |
Exports |
528.90 |
583.00 |
450.00 |
678.17 |
1082.73 |
|
Imports |
308.17 |
316.65 |
314.82 |
792.40 |
863.98 |
|
|
Balance (+/-) |
220.73 |
(+)266.35 |
(+)135.18 |
(-)114.23 |
(+)218.75 |
|
|
Chile |
Exports |
83.05 |
71.71 |
80.10 |
111.20 |
150.09 |
|
Imports |
94.82 |
166.37 |
157.03 |
345.57 |
432.51 |
|
|
Balance (+/-) |
(-)11.77 |
(-)94.66 |
(-)77.07 |
(-)234.37 |
(-)282.42 |
|
|
Colombia |
Exports |
70.07 |
94.92 |
112.00 |
330.71 |
450.30 |
|
Imports |
5.40 |
5.83 |
10.47 |
14.17 |
8.20 |
|
|
Balance (+/-) |
64.67 |
(+)89.09 |
(+)101.53 |
(=)316.54 |
(+)442.10 |
|
|
Mexico |
Exports |
410.00 |
474.00 |
716.00 |
368.58 |
434.85 |
|
Imports |
62.24 |
65.52 |
73.85 |
82.62 |
96.81 |
|
|
Balance (+/-) |
347.76 |
(+)408.48 |
(+)642.15 |
(+)285.95 |
(+)338.04 |
|
|
Peru |
Exports |
34.95 |
49.70 |
37.61 |
68.82 |
83.50 |
|
Imports |
27.95 |
24.77 |
29.91 |
36.35 |
23.01 |
|
|
Balance (+/-) |
7.01 |
(+)24.93 |
(+)7.70 |
(+)32.47 |
(+)60.49 |
|
|
Venezuela |
Exports |
55.43 |
40.55 |
21.08 |
71.97 |
93.57 |
|
Imports |
2.58 |
3.72 |
2.49 |
4.02 |
9.48 |
|
|
Balance (+/-) |
52.85 |
(+)36.83 |
(+)18.59 |
(+)67.95 |
(+)84.09 |
|
|
Panama |
Exports |
43.22 |
49.21 |
54.55 |
55.95 |
61.74 |
|
Imports |
26.75 |
17.94 |
7.99 |
90.87 |
161.85 |
|
|
Balance (+/-) |
(+)16.47 |
(+)31.26 |
(-)46.56 |
(-)34.92 |
(-)100.12 |
|
