India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion
India’s bilateral trade with China reached a record $135.98 billion in 2022, Chinese Customs data showed on January 13, 2023, driven by surging Indian imports of Chinese goods that were up by more than 21% last year.
India’s exports to China, however, fell in 2022, driving an already significant trade deficit beyond the $100 billion-mark for the first time.
Source : thehindu.com/ For more Details