2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Russia
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France
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UK
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UAE
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Detailed explanation-1: -The data showed that China was India’s top trading partner from 2013-14 till 2017-18 and also in 2020-21. Before China, the UAE was the country’s largest trading partner. In 2021-22, the UAE with $72.9 billion, was the third largest trading partner of India.
Detailed explanation-2: -China is the largest trading partner to Japan, South Korea, Vietnam, and Taiwan. Given their proximity, those countries are hardly a surprise. But it is also the top trader with Russia-and Ukraine. In Africa, China is the top partner for countries like South Africa and Kenya.
Detailed explanation-3: -The total India-China trade for 2022 has climbed to 135.98 billion, overtaking the USD 125 billion mark a year earlier by registering a rise of 8.4 per, the annual Chinese customs data said. China’s exports to India climbed to USD 118.5 billion, a year-on-year increase of 21.7 per cent.
Detailed explanation-4: -Destinations In November 2022, India exported mostly to United States ($5.93B), United Arab Emirates ($2.58B), Netherlands ($1.8B), Israel ($1.5B), and Brazil ($1.12B), and imported mostly from China ($7.65B), United Arab Emirates ($5.01B), Russia ($4.64B), United States ($4.35B), and Saudi Arabia ($3.4B).