India-China Trade

  • IASbaba
  • October 20, 2021
  • 0
UPSC Articles

India-China Trade

Part of: Prelims and GS II – International relations 

Context India’s trade with China is set to cross the $100 billion mark for the first time in 2021, an almost 30% jump from pre-pandemic levels.

  • India’s biggest exports to China are iron ore, cotton, and other raw material-based commodities. 
  • India imports mechanical and electrical machinery in large quantities, while imports of medical supplies have also increased in the past two years.
  • The growth in trade with India was among the fastest for China’s major trading partners.

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