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Added on : 2024-06-17 07:49:42

The United Kingdom (UK) has overtaken China to become India’s fourth-largest export market in May, commerce department data showed. The UK was India’s sixth-largest export destination in May last year.

While exports to the UK grew by a third to $1.37 billion in May, the shipments to China saw 3 per cent growth at $1.33 billion last month.

The United States (US) continued to remain India’s largest export destination, with 13 per cent growth, followed by the United Arab Emirates (UAE), which saw 19 per cent jump.



Export to the Netherlands, which is also India’s third-largest export market, soared to $2.19 billion with nearly 44 per cent growth in May.

Other countries that showed positive growth include Saudi Arabia (8.46 per cent), Singapore (4.64 per cent), Bangladesh (13.47 per cent), Germany (6.74 per cent), France (36.94 per cent).

Editor & Publisher : Dr Dhimant Purohit


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