India-Australia Relations

Trade: India-Australia bilateral trade stands more than US $ 24 billion.

Overall: India is Australia’s 7th largest trading partner.

Foreign Investment: Two-way foreign direct investment is US $ 1.4 billion.

Composition of Trade: India’s main exports to Australia are Refined petroleum, Medicaments (incl. veterinary), Pearls & gems, Jewellery, Made-up textile articles, Women’s clothing, other textile clothing, Manufactures of base metal.

  • While India’s major imports are Coal, Confidential items of trade, Copper ores & concentrates, Natural gas, Non-ferrous waste & scrap, ferrous waste & scrap and education related services.

Partnership: In 2009, India and Australia established a ‘Strategic Partnership’, including a Joint Declaration on Security Cooperation ....

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