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- During 2023–24, the Netherlands has emerged as India’s third largest export destination after the US and UAE.
- India mainly exported petroleum products ($14.29 billion), electrical goods, chemicals, and pharmaceuticals to the Netherlands.
- In the last fiscal year, India’s trade surplus with the Netherlands increased to $17.4 billion from $13 billion.
- The Netherlands has overtaken major export destinations for India like the UK, Hong Kong, Bangladesh and Germany.
- In 2023–24, India’s exports to the Netherlands increased by about 3.5 percent to $22.36 billion from $21.61 billion in 2022–23.
- In 2021–22, the Netherlands was the fifth-largest destination for Indian exports.
- India and the Netherlands established diplomatic relations in 1947.
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