In 2022, China’s imports to India reached an all-time high, and the trade deficit exceeds $100 billion 

Indian imports of Chinese commodities increased by more than 21% last year, which helped India’s bilateral commerce with China reach a record $135.98 billion in 2022, according to data from Chinese Customs released on January 13, 2023. 

But in 2022, India’s exports to China decreased, pushing a trade deficit that was already sizable above the $100 billion threshold for the first time. 

India’s imports accounted for $118.5 billion, up from $97.5 billion, according to data issued by the General Administration of Customs (GAC) in Beijing on January 13, 2023, which indicated two-way commerce increased by 8.4% last year to $135.98 billion.

This news is written by Ms. Pujari Dharani, Research Assistant, All India Legal Forum.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close