According to data from the Global Trade Research Initiative (GTRI), India's imports from countries with which it has free trade agreements (FTAs), such as the UAE, South Korea, and Australia, increased by about 38% during the fiscal years 2019-24, reaching USD 187.92 billion. In contrast, exports to FTA partners rose by 14.48% to USD 122.72 billion in the fiscal year 2023-24 from USD 107.20 billion in 2018-19.
