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UK beats China as India's 4th largest export market

Published on June 15, 2024
Current Context: The UK has indeed overtaken China to become India’s fourth-largest export market as of May 2024.
UK beats China as India's 4th largest export market
  • Growth in Exports: The UK’s imports from India increased significantly, with a one-third growth to $1.37 billion in May 2024.
  • Comparison with China: While the UK saw substantial growth, exports to China also grew but at a slower pace of 3%, totaling $1.33 billion.
  • Previous Year’s Data: In the previous year, the UK was ranked as India’s sixth-largest export market, indicating a notable rise in its position.
  • Disaggregated Data: Specific disaggregated data for May wasn’t immediately available, but the trend over the past few months showed that exports to the UK have been increasing.

Question:

1 Which country did the UK overtake to become India's fourth-largest export market as of May 2024?

  • A) Japan
  • B) Germany
  • C) China
  • D) USA
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