India-China Trade

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.