US emerges India’s top export destination

US emerges India’s top export destination

US emerges India’s top export destination

With $ 47.9 billion worth of shipments last fiscal, the US has emerged as the top export destination for Indian goods, followed by the UAE and Hong Kong, according to Commerce Ministry data.

“USA was India’s top export market during April-March 2018 with exports reaching $ 47.9 billion, followed by the UAE ($ 28.1 billion) and Hong Kong ($ 14.7 billion),” the Department of Commerce said in a series of tweets.

In 2016-17, the country’s shipments to the US stood at $ 42.2 billion.

The other key export destinations include China, Singapore, the UK, Germany, Bangladesh, Vietnam and Nepal, reports said.

Mansa

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