US regains top spot as India’s trade partner in 2021

US regains top spot as India’s trade partner in 2021
  • The US was India’s top trading partner in the calendar year 2021 with a trade of $112.3 billion. The US is followed by China on second. The value of trade between India and China was $110.4 billion.
  • In 2020, China was India’s top trading partner and the US was in the second rank. In 2019 USA was India’s top trading partner and China was on second.
  • India’s list of top ten trading partners also includes the UAE, Saudi Arab, Switzerland, Hong Kong, Singapore, Iraq, Indonesia and South Korea.

Points to remember:

  1. Top trading partner for India in CY 2021?

Source: Hindu business lines

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