India’s biggest trade partner is now US, not China – Is this a good development?

Mohan, Deepanshu (2022) India’s biggest trade partner is now US, not China – Is this a good development? The Quint.

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Abstract

The US surpassed China to become India’s top trading partner in 2021-22, reflecting a strengthening of ties between the two economic giants. According to recent data released by the Ministry of Commerce, bilateral trade between the US and India stood at $119.42 billion against $80.51 billion in 2020-21. Exports increased to $76.11 billion in 2021-22 from $51.62 billion in the previous fiscal year, while imports rose to $43.41 billion as compared to about $29 billion in 2020-21

Item Type: Article in News Papers and Magazine
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Economics
JGU School/Centre: Jindal School of Liberal Arts & Humanities
Depositing User: Amees Mohammad
Date Deposited: 28 Jul 2022 06:16
Last Modified: 28 Jul 2022 06:16
Official URL: https://thequint.com/voices/opinion/indias-biggest...
URI: https://pure.jgu.edu.in/id/eprint/3914

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