Importing Products from South Korea to India: A 2025 Trade Overview
India and South Korea have developed a robust trade relationship, significantly influenced by the Comprehensive Economic Partnership Agreement (CEPA) signed in 2010. This agreement has facilitated smoother trade flows, particularly in sectors like electronics, steel, automotive, and petrochemicals. In the fiscal year 2024, India's imports from South Korea amounted to approximately $21.1 billion, while exports stood at $6.4 billion, resulting in a trade deficit of $14.7 billion . Wikipedia Key Imports from South Korea South Korea ranks among India's top trading partners, supplying a diverse range of products. The primary imports include: Electronics and Semiconductors : India's demand for electronic goods has surged, with imports reaching significant levels. South Korea, home to tech giants like Samsung and LG, is a major contributor to this sector. Automobiles and Auto Components : Brands like Hyundai and Kia have a substantial presence in India. Kia India, for...