Answer: Netherlands
Notes: The Netherlands became India's third largest export destination in 2023-24, following the U.S. and UAE, despite a 3% dip in India's overall merchandise shipments. Key exports to the Netherlands included petroleum products ($14.29 billion), electrical goods, chemicals, and pharmaceuticals. Consequently, India's trade surplus with the Netherlands rose to $17.4 billion, up from $13 billion in 2022-23, according to the Commerce Ministry data .
