- Export
- 19 June 2021
China Now India’s Second-Largest Export Destination
China overtook the United Arab Emirates to emerge has India’s second-largest export destination in FY21. It is for the first time in recent times that China is behind the only the United States as India’s top export partner, despite the onslaught of the Covid-19 pandemic and a deadly border clash. According to Export Genius trade data, India’s exports to China jumped by 28% in FY21 to over $50 billion as compared to FY20. The value of export shipments from India to UAE plunged by 42% to nearly $17 billion.
Read More