Divisions
Foreign Trade (Latin America)
Functions of the Division

FT ( LAC) Division of the Department of Commerce deals with general trade and allied matters with Latin American and Caribbean region which comprises of 43 countries.

Officers in the Division
  • Shri Akash Taneja: Additional DGFT
  • Sh. Abhimanyu Kumar: Deputy Secretary
  • Ms. Ruchika Bhatt Chaudhuri : Under Secretary
  • Sh. Ranjit Kumar Sinha : Section Officer
  • Sh. Abhay Choudhary : Assistant Section Officer
Bilateral Trade Statistics
 Year/ Export Import Total Trade Trade Balance % Growth
Export Import Total Trade
2009-10 5,614.40 9,356.30 14,970.70 -3,741.90 1.84 13.54 8.85
2010-11 9,324.48 13,042.52 22,367.00 -3,718.03 66.08 39.4 49.41
2011-12 12,276.85 16,178.56 28,455.41 -3,901.70 31.66 24.04 27.22
2012-13 13,518.03 27,497.09 41,015.12 -13,979.07 10.11 69.96 44.14
2013-14 10,791.60 28,128.07 38,919.68 -17,336.47 -20.17 2.29 -5.11
2014-15 11,528.43 26,951.76 38,480.19 -15,423.33 6.83 -4.18 -1.13
2015-16 7,529.48 17,691.79 25,221.27 -10,162.30 -34.69 -34.36 -34.46
2016-17 7,230.97 17,290.63 24,521.60 -10,059.67 -3.96 -2.27 -2.77
2017-18 8,611.62 20,723.48 29,335.10 -12,111.86 19.09 19.85 19.63
2018-19 9740.72 20547.11 30287.83 -10806.39 13.11 -0.85 3.24
2019-20 10,058.93 17,072.11 27,131.04 -7,013.18 3.27 -16.91 -10.42
2020-21 10,104.02 12,479.20 22,583.22 -2,375.18 0.45 -26.91 -16.76
2021-22 14,934.39 21,738.04 36,672.44 -6,803.65 47.81 -74.19 62.38
2022-23 27,861.65 22,748.89 50,610.54 -5,112.76 52% 28.17% 38%
Institutional Mechanisms
    • India-Brazil Trade Monitoring Mechanism
    • India-Ecuador Joint Economic and Trade Committee (JETCO)
    • India Costa Rica JETCO
    • Commerce Secretary Visits Brazil for 6th Meeting of India

 

  • India-Colombia Joint Business Development Cooperation
  • India-Argentina Joint Trade Commission (JTC)

 

Trade Agreements/MoUs with LAC region
  • India – Chile PTA
  • India-Chile PTA (Expanded)
  • India – MERCOSUR PTA
  • Trade Agreement between India and Argentina
  • Framework Agreement between India and Mercosur
  • Framework Agreement between India and Chile
  • MoU on Economic Cooperation with Costa Rica
  • MoU on Economic Cooperation with Ecuador
  • MoU on Trade Promotion and Technology Transfer with Argentina
  • MoU on Business Development Cooperation with Colombia
  • Trade Agreement between India and Peru
  • Trade Agreement between India and Guatemala
  • Trade Agreement between India and Colombia
  • Trade Agreement between India and Cuba
  • Trade Agreement between India and Trinidad & Tobago

For details of the PTAs/ MoUs click Trade Agreements

Publications
  • India Peru Joint Study Group (JSG) Report For details, click Publications
  • India’s Economic Engagement with LAC Strategy for Trade and Investment
Mandatory disclosures under RTI Act

The following are the names, designation and contact details of the FAA and CPIO:

FAA
Shri Akash Taneja  Additional DGFT (FT-LAC)
  • Room No : 5, Vanijya Bhawan
  •  Tel : 23038715/Intercom: 8715
  •  Email : akash[dot]taneja[at]nic[dot]in
CPIO
Sh. Abhimanyu Kumar Deputy Secretary ( F7-LAC)
  • Room No : 123 – Vanijya Bhawan
  •  Tel : 23038590
  •  Email : abhimanyu[dot]kumar[at]ias[dot]nic[dot]in