Question

Approximately how many percentage of India's foreign trade moves through ocean routes ?​

Answer 1

Hence, oceanic routes are the most preferred mode of carrying out international trade. With such a long coastline and ports equipped with modern infrastructure, approximately 95% of India's foreign trade by volume and 70% by value moves through these ports and sea routes.

Answer 2

Almost 95% of India's foreign trade moves through oceans.

• India has a long coastal line having more than 200 ports. India connects all major three continents and almost covers 20% of the world's oceans.

• Ports sector in India is being run by high growth in external trade.

• Most of the goods, gems, and jewelry contribute to a bigger extent to India's foreign trade.

• The oceanic route is the major route for the Indian trade.

• UAE and China are the biggest trading partners of India.