Correct Answer: more than 2%

Solution : The correct option is between 1% and 2% .

The percentage of goods exported from India to the rest of the world in 2021 was around 1.77%.

India’s total foreign trade in this calendar year crossed the $1 trillion mark in November. India exported $422.23 billion worth of commodities and services, while imports stood at $625.87 billion till November. According to Ministry of Commerce and Industry data, India’s foreign trade registered a deficit of $203 billion for the 11 months of this calendar year. However, compared to the same period last year, it has decreased by $40 billion.

The United States is India’s biggest trading partner, with total trade between the two countries amounting to almost $100 billion till October of this calendar year. With exports worth $63.36 billion and total imports amounting to $36.50 billion, India has achieved the highest trade surplus of over $26 billion from its foreign trade with the United States.