US surpasses China as India's biggest trading partner in FY22 at $119.42 bn - Economic Times


5/28/2022 12:00:00 AM2 years 11 months ago
by PTI

Exports to the US increased to USD 76.11 billion in 2021-22 from USD 51.62 billion in previous fiscal year, while imports rose to USD 43.31 billion as compared to about USD 29 billion in 2020-21. During 2021-22, India's two-way commerce with China aggregated …

The US surpassed China to become India's top trading partner in 2021-22, reflecting strengthening economic ties between the two countries. According to the data of the commerce ministry, in 2021-22, … [+2703 chars]

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