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Answer : 1. "Netherlands"
Recently, which country has emerged as India's third largest export destination in 2023-24?
5Q:
Recently, which country has emerged as India's third largest export destination in 2023-24?
- 1Netherlandstrue
- 2Malaysiafalse
- 3Bulgariafalse
- 4Irelandfalse
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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.