Chinese exports to India decline 13%; India’s trade up 16% in 2020


PTI, Dec 8, 2020, 4:36 PM IST

Beijing: China’s exports to India declined by 13 per cent in the first 11 months of the year, while Indian exports to China rose 16 per cent in the same period, according to Chinese customs data released on Monday.

The bilateral trade in the first 11 months of 2020 touched $78 billion, amidst border tensions between the two countries in eastern Ladakh.

The two countries traded about $92.68 billion worth of goods in 2019.

According to customs data released on Monday, China exported about $59 billion worth of products to India from January to November, down 13 per cent, a report in the state-run Global Times said.

China’s imports from India stood at about $19 billion in the first 11 months, up 16 per cent.

India’s trade deficit stood at $40 billion from over $60 billion in the previous financial year.

Amidst border tensions, New Delhi has banned over 200 Chinese applications as they posed a threat to the “sovereignty and integrity of India.”

India and China have been locked in a military standoff along the Line of Actual Control (LAC) in eastern Ladakh since May this year.

Multiple rounds of talks between the two sides to resolve the standoff have not yielded any concrete outcome.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Virat Kohli doesn’t need our support, but we need the support of Kohli: Bumrah

INDIA bloc seeking JPC probe into Adani ‘scam’, govt scared of debate: Congress after LS, RS adjourned

Burglars decamp with cash Rs 1 crore, 300 gold sovereigns from house in Kerala

Raut demands re-election, alleges irregularities in EVMs during Maharashtra polls

Perth Test: Bumrah leads India to its biggest Test win on Australian soil

Sambhal violence: FIR against SP MP Zia-ur-Rehman Barq, SP MLA’s son

Six junior artists of Kannada film ‘Kantara’ injured in accident in Karnataka

Related Articles More

Rapid digital expansion to create over 1 lakh new jobs in fiber tech in India in next 5 years

Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official

Air India Express increases flight operations from northeast destinations

Mcap of 8 of top-10 most-valued domestic firms jumps Rs 1.55 lakh cr; HDFC Bank, TCS sparkle

Myntra pilots foray into quick commerce with ‘M-Now’ in select locations of Bengaluru

MUST WATCH

Coconut Flower

Prakash Belawadi

Naxal Leader Vikram Gowda

Christmas Cake Fruit Mixing

DK Shivakumar


Latest Additions

Virat Kohli doesn’t need our support, but we need the support of Kohli: Bumrah

INDIA bloc seeking JPC probe into Adani ‘scam’, govt scared of debate: Congress after LS, RS adjourned

Ranbir on criticism for doing ‘Sanju’, ‘Animal’: Important to dabble in different genres, characters

Youth Congress demands Adani’s arrest over USD 250 mn bribery charge

Study links overthinking to ‘constant communication’ between brain’s fear-centre, social behaviour

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.