Which country has recently beaten China & became

Solution

·       The Netherlands has emerged as India ’ s third - largest export destination , ahead of China and Bangladesh . It has moved up two spots in the list of India ’ s top ten export destinations since FY22 ·       Brazil, which occupied the 21st spot in FY22, is now India ’ s 8th biggest export market . Similarly, Indonesia has moved up seven notches to grab the 7th position . However, amid a demand slowdown, only two European nations — the Netherlands and the UK – are among India ’ s top ten markets , against 4 in FY22 . Germany and Belgium , which featured in the list last fiscal, are out of it now . Meanwhile, the US and the UAE continue to be the largest and second - largest export destinations, respectively, for India . ·       The exports to the US climbed 18 . 3 % until August to $35 . 2 billion, while those to the UAE shot up 27 . 3 % to $13 . 8 billion .