Gkseries.com

US becomes India’s biggest trading partner in FY22

US becomes India's biggest trading partner in FY22

The US has replaced China to become the India’s top trading partner in 2021-22, this is reflecting strong economic ties between the two countries.

The bilateral trade between two countries stood at $119.42 billion (2021-22) as against $80.51 billion in 2020-21, according to the data of the commerce ministry.

Other top trading partner: China ($115.42 billion), The UAE ($72.9 billion), Saudi Arabia ($42,85 billion), Iraq ($34.33 billion) and Singapore ($30 billion).

Exit mobile version