US Beats China, Becomes India's Top Trade Partner

The US has surpassed China to become India’s top trading partner as bilateral trade soared to $119.4 billion in the fiscal year 2021-22 against $80.5 billion in 2020-21, Mint reported, citing government figures.

In comparison, India’s trade with China aggregated at $115.42 billion against $86.4 billion in 2020-21, the data showed.

Read the full report: Mint.

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Tags: Bilateral Trade

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.