Practicing Success
Which of the following country was the top trading partner of India in the year 2021-22? |
United States of America China Russia United Kingdom |
United States of America |
The United States overtook China to become India’s top trading partner in 2021-22, reflecting strong economic ties between the two countries. According to commerce ministry data, in 2021-22, bilateral trade between the US and India stood at US$ 119.42 billion as against US$ 80.51 billion in 2020-21. During 2021-22, India’s two-way commerce with China aggregated at $115.42 billion as compared to $86.4 billion in 2020-21. |