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Trade deficit with China
January 20 , 2023
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- India’s bilateral trade with China reached a record $135.98 billion in 2022.
- India’s exports to China fell from $28.1 billion to $17.48 billion.
- The trade deficit reached $101.02 billion, up by 45%, from $69.4 billion in 2021.
- From 2015 to 2021, India-China bilateral trade grew by 75%, an average yearly growth of 13%.
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