US and India

Photo: Business Today

United States Overtakes China As India's Largest Trading Partner In Fiscal Year 2022

United States overcame China to become India's largest trading partner in 2021-22, indicating the two nations' growing economic connections. In 2020-21, bilateral trade between US and India was worth USD 119.42 billion, rising from USD 80.51 billion. Exports to US surged to USD 76.11 billion in 2021-22, rising from USD 51.62 billion the previous fiscal year, while imports increased to USD 43.31 billion, increasing from USD 29 billion in 2020-… read-more

Sun, 29 May 2022 - 06:45 PM / by Vidhi Jhunjhunwala

Tags: USA, India, trading partner, China, FISCAL YEAR

Courtesy: DNA India