How much does China import from India?
| India Imports from China | Value | Year |
|---|---|---|
| Electrical, electronic equipment | $17.84B | 2020 |
| Machinery, nuclear reactors, boilers | $12.37B | 2020 |
| Organic chemicals | $8.20B | 2020 |
| Plastics | $2.16B | 2020 |
How much does China export to India?
China’s exports to India went up to USD 68.46 billion up 51.7 per cent YoY, apparently aided by massive imports of urgent supplies, like oxygen concentrators, when India was in the grip of the second wave of the COVID-19 pandemic in April and May this year.
Is India greater than China?
China is about 2.9 times bigger than India. India is approximately 3,287,263 sq km, while China is approximately 9,596,960 sq km, making China 192\% larger than India. Meanwhile, the population of India is ~1.3 billion people (67.9 million more people live in China).
Why does India depend on China?
But the Indian economy is deeply intertwined with Chinese exports. China’s share in Indian imports for intermediate goods, capital goods, and final consumer goods is 12\%, 30\%, and 26\% respectively. India depends on China in many key industries from electrical machinery and appliances to pharmaceutical drug API.
Which country has highest trade with India?
Largest trading partners with India
| Rank | Country | Total Trade |
|---|---|---|
| 1 | United States | 92.0 |
| 2 | China | 81.89 |
| 3 | United Arab Emirates | 59.03 |
| 4 | Saudi Arabia | 26.71 |
How many Chinese are in India?
There are an estimated 5,000–7,000 Chinese expatriates living in India as of 2015, having doubled in number in recent years. Most work on 2- to 3-year contracts for the growing number of Chinese brands and companies doing business in India.
How much does India trade with China and the US?
During the period, India’s two-way commerce with China aggregated at USD 87.07 billion. Similarly, during April-December 2019-20, the bilateral trade between the US and India stood at USD 68 billion. It stood at USD 64.96 billion with China in the same period.
Does India have a trade deficit with China?
On the other hand, India has a huge trade deficit with China. In 2018-19, India has a trade surplus of USD 16.85 billion with America, while it has a deficit of USD 53.56 billion with the neighbouring country. The data showed that China was India’s top trading partner since 2013-14 till 2017-18.
Which country has surpassed China as India’s top trading partner?
NEW DELHI: The US has surpassed China to become India’s top trading partner, showing greater economic ties between the two countries. According to the data of the commerce ministry, in 2018-19, the bilateral trade between the US and India stood at USD 87.95 billion.
How big is China’s growing role in international finance?
Summary. China’s growing role in international finance has remained obscure, mostly due to a lack of data and transparency. The authors’ research, based on a comprehensive new data set, reveals that between 1949 and 2017, the state and its subsidiaries lent about $1.5…