India-China Trade Relations

01-Apr-2022 marked the 72nd anniversary of the establishment of diplomatic /bureaucratic relationship with China which was started in 1950.

• In the year 2019, India was the 12^th largest trade partner of China.
• The total bilateral trade registered a reduction of 2.93% year on year to reach US $ 92.89 billion. It reached US$ 115.4 billion in 2021-22.

Exports and Imports: India’s exports to China decreased by 4.55% y-o-y to US $17.97 billion, and India’s imports from China also witnessed a drop by 2.54% to US $ 74.92 billion.

• Due to the impact of COVID in 2020, the overall trade with ....