SME Times is powered by   
Search News
Just in:   • China to temporarily slash tariffs on US auto imports  • New RBI chief drives expectations; indices on winning streak  • Low export figures due to base effect: FIEO  • 'MSME outreach programme a big boost to the sector'  • Exports growth slows to 0.80 pc in November 
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
» Low export figures due to base effect: FIEO
» 'MSME outreach programme a big boost to the sector'
» Exports growth slows to 0.80 pc in November
» Invest in education, job creating opportunities: Anand Sharma
» MSME minister for optimum utilization of resources
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 16 Dec, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(2)
» MSME credit: Liquidity crunch and delivery challenges (1)
» Rs 1 crore loan just in 59 minutes!(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter