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390

Q:

Recently, which country has emerged as India's third largest export destination in 2023-24?

  • 1
    Netherlands
  • 2
    Malaysia
  • 3
    Bulgaria
  • 4
    Ireland
  • Show Answer
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Answer : 1. "Netherlands"
Explanation :

Despite a 3% drop in India's total cargo shipments, the Netherlands became India's third largest export destination after the US and the UAE in 2023-24. Major exports to the Netherlands include petroleum products ($14.29 billion), electrical goods, chemicals and pharmaceuticals. As a result, India's trade surplus with the Netherlands increased from $13 billion to $17.4 billion in 2022-23, according to Commerce Ministry data.

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