The US has surpassed China to become India’s top trading partner.
According to the data of the commerce ministry, in 2018-19, the bilateral trade between the US and India stood at $87.95 bn.
India’s two-way commerce with China aggregated at $87.07 bn.
During April-Dec 2019-20, the bilateral trade between the US and India stood at $68 bn. It stood at $64.96 bn with China in the same period.
USA: Capital – Washington, D.C.
Currency – US Dollar