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 |
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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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