The dominance of Indian goods in the US is on the rise, and exports to the US have skyrocketed
New delhi date. 18 February 2021, Thursday
Exports from India to the US have been steadily increasing for the last four months. Seeing that, it can be said that the demand for Indian goods is increasing in America.
According to available data, December saw a 14.2 per cent increase in exports over the same month last year. However, exports to the US declined from April to August last year due to the epidemic.
As a result, exports to the US fell 11.3 per cent during the April-December period of the current financial year compared to the same period last year. Imports from the US also declined by 20.1 per cent during the period.
During the period, India exported અમેરિકા 51.19 billion (approximately Rs. 3.69 lakh crore) to the United States. While imports were valued at .3 27.39 billion.
During December, India exported ખાતે 4.89 billion (approximately Rs 35,208 crore) to the United States. Which dec. Was 4. 4.28 billion during 2019. Imports stood at 2. 2.78 billion in December. Which was 7.4 per cent less than in December '19.
India has a surplus in trade with the US. This means that there are more exports compared to imports from the US.
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