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Which country became India's largest trading partner in FY 2021-22?
A)
US
B)
UK
C)
UAE
D)
Russia

Correct Answer :   US


The United States has become India's largest trading partner, as per the Union Ministry of Commerce and Industry's latest data. India's bilateral trade with the US has touched USD 119.42 billion, exceeding India's trade with China.

India's trade exports to the United States increased from USD 51.62 billion in the previous fiscal year to USD 76.11 billion in FY 2021-2022 and imports increased from around USD 29 billion to USD 43.31 billion.

Published On : June 21, 2022
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