China is now India’s second largest export partner
Posted on Saturday 26th June, 2021 by Ankit
China replaced the UAE as the second largest export destination for India in fiscal 2021, with outbound shipments to the neighbouring country rising 27.53% to $21.18 billion in the pandemic year. The US remained the country’s top export partner, according to government data, but shipments declined 2.78% to $51.63 billion in a year when India’s merchandise trade both exports and imports fell amid global lockdowns and disruption to logistics due to the pandemic.
Source: Economics TimesEconomy World