India-China Trade: Unveiling Import and Export Highlights
China is India's leading import source, with imports amounting to USD 56.29 billion from April to September 2023. Meanwhile, the US is India's top export destination, with shipments totaling USD 40.38 billion. India's key trading partners include China, Russia, UAE, and the US.
- Country:
- India
China has solidified its position as India's principal import source, with imports totaling USD 56.29 billion during the April-September span, according to commerce ministry data.
Conversely, the United States has emerged as India's top export destination, witnessing a 5.62% growth in outbound shipments to USD 40.38 billion during the same period.
India's primary trading partners include China, Russia, and the UAE, reflecting strategic economic ties in the global marketplace.
(With inputs from agencies.)
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