India is Australia’s 7th largest trading partner. Bilateral trade between them stands more than US $ 24 billion.
Exports: 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, base metal products, etc.
Imports: 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.
Strategic Partnership: In 2009, India and Australia established a ‘Strategic Partnership’, including a Joint Declaration on Security Cooperation which has been further elevated to Comprehensive Strategic Partnership in 2020.
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