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China was the only major country to post a growth in trade with India in FY21. Indo-US bilateral trade contracted 9.5 per cent to $80.5 billion. India's overall trade with the world also declined more than 13 per cent to $684.77 billion ....
China pips US to emerge as India s biggest trade partner in 2020 despite border conflicts China had emerged as India s biggest trade partner in the first half of the financial year 2020-21 too, pipping the US, which had held that position since 2018-19. In 2020, two-way trade between India and China stood at $77.7 billion BusinessToday.In | February 23, 2021 | Updated 12:11 IST In terms of exports, India s shipments to China grew 11 per cent YoY to $19 billion in 2020 China has again emerged as India s biggest trade partner in 2020 despite a bloody conflict along the Line of Actual Control (LAC) and the rising anti-China sentiment. In 2020, the two-way trade between the countries stood at $77.7 billion, which, however, is lower than the previous year s mark of $85.5 billion, as per the provisional data from the commerce ministry. ....