US Remains India's Top Trade Partner Despite 11% Drop in Bilateral Trade

US emerges as India's biggest trading partner in Apr-Sept 2023 despite global uncertainties.

Bilateral trade between India & US declined 11.3% to $59.67 bn in Apr-Sept 2023.

Exports to US fell to $38.28 bn in Apr-Sept 2023 from $41.49 bn last year.

Imports from US declined to $21.39 bn in Apr-Sept 2023 from $25.79 bn last year.

Trade between India & China dipped 3.56% to $58.11 bn in Apr-Sept 2023.