Albania
(Source : Embassy of India, Bucharest)
Bilateral Trade Values in US $ Million
|
|
Albania’s Trade with India April-Feb 2017
|
Albania’s Trade with India April-Feb 2018
|
%Growth
|
|
Albania’s Exports to India
|
9.08
|
1.56
|
-82.79
|
|
Albania’s Imports from India
|
5.73
|
6.30
|
10.01
|
(Source: Ministry of Commerce & Industry, Government of India)
Kuwait
(Source : Embassy of India, Kuwait)
Kuwait was ranked 6th in reserves among oil producing countries, with 101.5 billion barrels (about 6.9 percent of total world reserves). As per current oil prices, Kuwait’s oil reserves are valued at USD 7 trillion.
Kuwaiti crude showed a marked improvement in price as it crossed USD 65 per barrel, reaching USD 68.77 per barrel by end of April 2018. Kuwait is continuing to cut oil production as per the OPEC deal in a bid to restore balance in global oil markets. Boursa Kuwait implemented the second phase of market development from April 1, which includes introduction of new market-capitalized indices, new listing requirements, and a three-tiered, segmented market, aimed to reduce volatility. It was reported that 57,132 illegal residents left the country during the amnesty which ended on April 22.
Mexico
(Source : Embassy of India, Mexico City)
The Presidential election of Mexico continues to impact the major investment decisions. The polls point out to the popularity of Lopez Obrador whose policies are not encouraging for the investors and business sentiments. Although the investments keep growing. Amazon rival MercadoLibre announced an investment of US $275 million on logistics, shipping and marketing in Mexico.
India Mexico relations continue to grow strongly. In April, the Under-Secretary of Hydrocarbon Energy visited India and also met the Hon. Minister Mr. Dharmendra Pradhan, Minister of Petroleum and Natural Gas of India. Back in Mexico, the Embassy organized a sectoral meeting of Pharmaceutical Indian companies present in Mexico. It served as an interaction session with the key players of the industry and also for networking with major Mexican companies. The event was very successful for the participating companies. Indian companies’ presence in Mexico is primarily visible
in auto sector, IT sector and Pharmaceuticals. The trade between India and Mexico continues to grow well at a steady pace.
Moldova
(Source : Embassy of India, Bucharest)
Bilateral Trade
Values in US $ Million
|
|
Moldova’s Trade with India April-Feb 2017
|
Moldova’s Trade with India April-Feb 2018
|
%Growth
|
|
Moldova’s Exports to India
|
9.08
|
1.56
|
-82.79
|
|
Moldova’s Imports from India
|
5.73
|
6.30
|
10.01
|
(Source: Ministry of Commerce & Industry, Government of India)
Romania
(Source : Embassy of India, Bucharest)
Trade balance deficit went up 31.6 percent in the first two months of 2018. The FOB exports amounted to 10880.5 million euro and the CIF imports amounted to 12537.9 million euro. The FOB CIF commercial deficit was of 1657.4 million euro, 398.1 million euro more than the same period in 2017.
Romania imports more iron, steel than it exports. Romania exported EUR 2.2 billion worth of iron and steel in 2017, which was 28% higher than the year before, according to data from the National Statistics Institute INS. Meanwhile, it also imported EUR 3 billion worth if iron and steel, a value that also grew 26% year-on-year. In 2017, Romania’s exports totaled EUR 62.6 billion, up 9.1% year-on-year, while its imports stood at EUR 75.5 billion, with a growth of 12.2%.
Bilateral Trade
Values in US $ Million
|
|
Romania’s Trade with India April-Mar 2017
|
Romania’s Trade with India April-Mar 2018
|
%Growth
|
|
Romania’s Exports to India
|
317.36
|
411.72
|
29.73
|
|
Romania’s Imports from India
|
257.57
|
399.01
|
54.92
|
(Source: Ministry of Commerce & Industry, Government of India)