SME Times is powered by   
Search News
Just in:   • Global cues, volatility pull equity indices down, banking stocks slip  • Biden plays down chances of UK-US trade pact  • Govt launches single window clearance portal  • Need to continue labour, product markets reforms: Shaktikanta  • Air India CMD Bansal appointed Civil Aviation Secretary 
Last updated: 19 Dec, 2017  

India.China.9.Thmb.jpg India's trade deficit with China at $36.73 bn in Apr-Oct

India.China.9.jpg
   Top Stories
» Govt launches single window clearance portal
» Need to continue labour, product markets reforms: Shaktikanta
» FDI inflows up 62% during first four months of FY22
» India, UAE commence negotiations for CEPA
» Govt aiming for $400 bn merchandise exports in FY 21
SME Times News Bureau | 19 Dec, 2017
India's trade deficit with China stood at $36.73 billion for the period of April-October period, parliament was informed on Monday.

Imports from China stood at $43.46 billion, while exports stood at $6.73 billion during the period under review, Minister of State for Commerce & Industry C.R. Choudhary told the Lok Sabha in a written reply.

In 2016-17, the country's trade deficit with China had dropped by 3 per cent (approximately) from $52.69 billion to $51.11 billion.

"Increasing trade deficit with China can be attributed primarily to the fact that Chinese exports to India rely strongly on manufactured items to meet the demand of fast expanding sectors like telecom and power," he said, adding: "While India's exports to China are characterised by primary and intermediate products."
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 23 Sep, 2021
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Rajasthan the most unemployed state after Haryana(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter