India’s trade deficit with China has declined to 44.02 billion US Dollars

India’s trade deficit with China has declined from 53.57 billion US Dollars in 2018-19 to 44.02 billion US Dollars in 2020-2021.

Daily Current Affairs Quiz 2021

Exports to China has increased to USD 21.19 billion in 2020-21 from USD 16.61 billion in 2019-20. Exports were USD 16.75 billion in 2018-19.

Imports from China during 2018-19, 2019-20 and 2020-21 were worth USD 70.32 billion, USD 65.26 billion and USD 65.21 billion, respectively.