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India has been recording sustained trade deficits since 1980 mainly due to the high growth of imports, particularly of crude oil, gold and silver. In recent years, the biggest trade deficits were recorded with China, Saudi Arab, Iraq, Switzerland and Kuwait. India records trade surpluses with US, Singapore, Germany, Netherlands and United Kingdom. This page provides - India Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - India Balance of Trade - was last refreshed on Wednesday, May 27, 2015.