Netherlands:  India’s third- largest Export Destination

In News

The Netherlands has emerged as India’s third- largest export destination after the U.S. and UAE during 2023-24, even as the country’s merchandise shipments dipped by more than 3%

Key Points

The main commodities which registered healthy exports growth in the Netherlands include petroleum products ($14.29 billion), electrical goods, chemicals, and pharmaceuticals in the last fiscal.

India’s trade surplus with the Netherlands rose to $17.4 billion in FY24 from $13 billion in FY23.

Netherlands

Netherlands, country located in northwestern Europe

The Netherlands is bounded by the North Sea to the north and west, Germany to the east, and Belgium to the south

major rivers  flow through the Netherlands: the Rhine, the Meuse , and the Scheldt.

The seat of the international court of justice is at the Peace Palace in The Hague (Netherlands).

International Criminal Court (ICC)  : Headquarters: The Hague, the Netherlands

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