India-China Trade Analysis 2021-22
China is India’s largest trading partner. Despite continuous border tensions, India imports from China had increased significantly. India shared a major trade deficit with China. In the financial 2020, India had a trade deficit with China of 44 billion USD. That increased to 73 billion USD in 2021. It came down to 58.02 billion USD in 2022. As per China import export data reports, the major India imports from China include electronic items, chemicals, fertilizers, dye, crude oil, and pharmaceutical products. On the other hand, India exports to China include various products such as precious stones including diamonds, aluminium, copper, cotton, and iron ore. Although India is working on Atma Nirbhar Scheme but still shared a major trade deficit with China. Through this blog, you will get a detailed overview of the India-China trade analysis 2021-22. China Imports from India As per the China import data , mineral oils, fuels, refined copper, cotton, petroleum oils, crude oils, ...