Statement 2 is correct
- Textile and Textile articles” constitute an important item of trade between India and Bangladesh.
- Textiles contributed 31.3% of Indian exports to Bangladesh in 2016-17. The other prominent products of export were engineering products (around 25% of exports), Chemical products (9% of exports) and vegetable products such as fresh vegetables (8% of exports).
Statement 3 is incorrect
- Bangladesh is India’s largest trade partner in South Asia, while India ranks as Bangladesh’s second-largest trade partner in Asia.
- India is Nepal’s largest trade partner (Nepal is India’s 11th largest).
