China Emerges as Second Largest Export Destination, US is on the TOP

China left UAE to become India’s second top export destination in FY21. US is on top of China’s performance amid the Deadly pandemic & Border aggressions is highly commendable. If we see the official data China increased its capacity to 28% in FY21 on the other hand UAE (United Arab Emirates) witnessed a sharp decline of 42%. China's share in India's total goods trade deficit comes at 43%. The total merchandise exports of India witnessed a sharp decline of 7%.