China lost its title as India’s biggest trading partner to the US last year. Photo: AFP
China lost its title as India’s biggest trading partner to the US last year. Photo: AFP

China urged to deepen Asean ties as US becomes India’s biggest trading partner

  • The value of merchandise trade between the United States and India rose by 48.3 per cent to US$119.4 billion in the 2021-22 financial year
  • Indian imports from China rose 44.4 per cent to US$94.2 billion, but its China-bound shipments grew only 0.3 per cent to US$21.3 billion

China lost its title as India’s biggest trading partner to the US last year. Photo: AFP
China lost its title as India’s biggest trading partner to the US last year. Photo: AFP
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