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Region · 42 economies

India and Latin America & Caribbean

Latin America & Caribbean took USD 20.23 bn of India's exports in 2024 and sold India USD 28.39 bn: 4.3% of India's goods trade. Brazil is the largest partner here.

USD 20.23 bnIndia's exports, 2024
USD 28.39 bnIndia's imports, 2024
4.3%of India's two-way trade
0countries with a sourced seaport list

Countries in Latin America & Caribbean

Sorted by 2024 two-way trade with India. 35 economies trade less than 0.1% of India's total; they are listed in the second table.

CountryIndia exportsIndia importsShareAgreementSSL
BrazilUSD 6.44 bnUSD 5.50 bn 1.06%India-MERCOSUR PTARoad in India, then sea or air onward
MexicoUSD 5.63 bnUSD 4.07 bn 0.86%n/aRoad in India, then sea or air onward
PeruUSD 933.1 mnUSD 4.69 bn 0.50%n/aRoad in India, then sea or air onward
ArgentinaUSD 1.02 bnUSD 3.79 bn 0.42%India-MERCOSUR PTARoad in India, then sea or air onward
ColombiaUSD 1.36 bnUSD 3.13 bn 0.40%n/aRoad in India, then sea or air onward
ChileUSD 1.12 bnUSD 2.54 bn 0.32%India-Chile PTARoad in India, then sea or air onward
VenezuelaUSD 216.6 mnUSD 2.04 bn 0.20%n/aRoad in India, then sea or air onward

Smaller trade partners

CountryTwo-way trade, 2024CurrencyAgreement
Dominican RepublicUSD 1.11 bnDOP No India trade agreement in force (MFN terms; check GSTP separately).
EcuadorUSD 657.5 mnUSD No India trade agreement in force (MFN terms; check GSTP separately).
GuatemalaUSD 651.7 mnGTQ No India trade agreement in force (MFN terms; check GSTP separately).
BoliviaUSD 476.2 mnBOB No India trade agreement in force (MFN terms; check GSTP separately).
UruguayUSD 409.2 mnUYU India-MERCOSUR PTA
Trinidad and TobagoUSD 396.9 mnTTD No India trade agreement in force (MFN terms; check GSTP separately).
Costa RicaUSD 372.8 mnCRC No India trade agreement in force (MFN terms; check GSTP separately).
PanamaUSD 346.1 mnPAB, USD No India trade agreement in force (MFN terms; check GSTP separately).
ParaguayUSD 332.0 mnPYG India-MERCOSUR PTA
HondurasUSD 317.8 mnHNL No India trade agreement in force (MFN terms; check GSTP separately).
NicaraguaUSD 208.8 mnNIO No India trade agreement in force (MFN terms; check GSTP separately).
El SalvadorUSD 155.3 mnUSD No India trade agreement in force (MFN terms; check GSTP separately).
Cayman IslandsUSD 150.7 mnKYD No India trade agreement in force (MFN terms; check GSTP separately).
GuyanaUSD 111.0 mnGYD No India trade agreement in force (MFN terms; check GSTP separately).
JamaicaUSD 99.0 mnJMD No India trade agreement in force (MFN terms; check GSTP separately).
HaitiUSD 97.3 mnHTG No India trade agreement in force (MFN terms; check GSTP separately).
BahamasUSD 60.6 mnBSD, USD No India trade agreement in force (MFN terms; check GSTP separately).
SurinameUSD 58.1 mnSRD No India trade agreement in force (MFN terms; check GSTP separately).
BarbadosUSD 27.4 mnBBD No India trade agreement in force (MFN terms; check GSTP separately).
CuraçaoUSD 21.3 mnANG No India trade agreement in force (MFN terms; check GSTP separately).
CubaUSD 14.7 mnCUC, CUP No India trade agreement in force (MFN terms; check GSTP separately).
ArubaUSD 12.6 mnAWG No India trade agreement in force (MFN terms; check GSTP separately).
Saint LuciaUSD 12.0 mnXCD No India trade agreement in force (MFN terms; check GSTP separately).
BelizeUSD 11.9 mnBZD No India trade agreement in force (MFN terms; check GSTP separately).
Antigua and BarbudaUSD 5.9 mnXCD No India trade agreement in force (MFN terms; check GSTP separately).
GrenadaUSD 4.8 mnXCD No India trade agreement in force (MFN terms; check GSTP separately).
DominicaUSD 3.6 mnXCD No India trade agreement in force (MFN terms; check GSTP separately).
Saint Kitts and NevisUSD 3.6 mnXCD No India trade agreement in force (MFN terms; check GSTP separately).
Saint Vincent and the GrenadinesUSD 3.6 mnXCD No India trade agreement in force (MFN terms; check GSTP separately).
British Virgin IslandsUSD 2.2 mnUSD No India trade agreement in force (MFN terms; check GSTP separately).
Turks and Caicos IslandsUSD 1.8 mnUSD No India trade agreement in force (MFN terms; check GSTP separately).
Sint MaartenUSD 913 thousandANG No India trade agreement in force (MFN terms; check GSTP separately).
Puerto RicoNo recordUSD No India trade agreement in force (MFN terms; check GSTP separately).
Saint MartinNo recordEUR No India trade agreement in force (MFN terms; check GSTP separately).
United States Virgin IslandsNo recordUSD No India trade agreement in force (MFN terms; check GSTP separately).

Source: UN Comtrade, India as reporter, 2024 · retrieved 29 Sep 2026. Region: World Bank classification.

Agreements that matter here

  • India-MERCOSUR PTA: in force (2009-06-01), covers 4 countries in this region. source
  • India-Peru FTA: under negotiation, covers 1 country in this region. source
  • India-Chile PTA: in force (2007-09-11, verify), covers 1 country in this region. source

India and Latin America & Caribbean: questions

How much does India trade with Latin America & Caribbean?
India's two-way goods trade with the 42 economies of Latin America & Caribbean was USD 48.62 bn in 2024 (4.3% of India's total): exports USD 20.23 bn, imports USD 28.39 bn. The largest partner was Brazil at USD 11.94 bn. Source: UN Comtrade, India as reporter, 2024.
Which trade agreements cover India's trade with Latin America & Caribbean?
India-MERCOSUR PTA (in force, 4 countries); India-Peru FTA (under negotiation, 1 country); India-Chile PTA (in force, 1 country). Check the country page for the certificate of origin each needs. Source: India Briefing FTA tracker / Invest India, 2026.
Does Safe & Secure Logistics ship to Latin America & Caribbean?
SSL's fleet runs the road leg to and from India's ports and airports. The sea or air leg to Latin America & Caribbean is arranged by our desk; SSL does not own vessels or aircraft.
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