Since 2014-15, India has consistently run trade surplus with which one

Since 2014-15, India has consistently run trade surplus with which one among the following countries?

[amp_mcq option1=”China” option2=”Saudi Arabia” option3=”USA” option4=”Germany” correct=”option3″]

This question was previously asked in
UPSC CDS-2 – 2020
Since 2014-15, India has consistently run a trade surplus with the USA.
India’s trade relationship with the USA is strong, characterized by significant exports of goods and services from India, often resulting in a trade surplus for India.
India typically runs trade deficits with countries like China (due to large imports of manufactured goods and raw materials) and Saudi Arabia (due to high imports of crude oil). Trade balance with Germany varies but often leans towards a deficit or a small surplus/deficit for India compared to the significant surplus with the USA.
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