{"id":86474,"date":"2020-02-24T14:55:22","date_gmt":"2020-02-24T09:25:22","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=13915"},"modified":"2020-02-24T14:55:22","modified_gmt":"2020-02-24T09:25:22","slug":"us-becomes-indias-top-trading-partner","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/us-becomes-indias-top-trading-partner\/","title":{"rendered":"US becomes India\u2019s top trading partner"},"content":{"rendered":"\n<p><strong>News:<\/strong>According to the 2018-19 data from the Commerce Ministry, the United States has become India\u2019s top trading partner surpassing China.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In 2018-19,the bilateral trade between the US and India stands at USD 87.95 billion as compared to USD 87.07 billion with China.<\/li><li>India has a trade surplus of USD 16.85 billion with the USA while it has a deficit of USD 53.56 billion with China.<\/li><li>Currently,the top five trading partners of India are US, China, UAE, Saudi Arabia and Hong Kong.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>Economic Survey on India\u2019s External Trade:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Largest export items of India:Petroleum products, precious stones, drug formulations &amp; biologicals, gold and other precious metals.<\/li><li>Largest export destinations in 2019-20: United States of America (USA), followed by United Arab Emirates (UAE), China and Hong Kong.<\/li><li>Largest import items: Crude petroleum, gold, petroleum products, coal, coke &amp; briquettes.<\/li><li>India\u2019s imports continue to be largest from China, followed by USA, UAE and Saudi Arabia.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:According to the 2018-19 data from the Commerce Ministry, the United States has become India\u2019s top trading partner surpassing China. Facts: In 2018-19,the bilateral trade between the US and India stands at USD 87.95 billion as compared to USD 87.07 billion with China. India has a trade surplus of USD 16.85 billion with the USA&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/us-becomes-indias-top-trading-partner\/\">Continue reading <span class=\"screen-reader-text\">US becomes India\u2019s top trading partner<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[42,4038,63],"class_list":["post-86474","post","type-post","status-publish","format-standard","hentry","category-economy","tag-india","tag-trading-partner","tag-us","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704940728},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86474"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86474\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}