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Full Version: China-India trade hits record high of US$126 billion, up 43.3% y-o-y despite tension
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Published: Jan 14, 2022 05:07 PM
 

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The total amount of trade between China and India in 2021 stood at US$125.66 billion, up 43.3 percent from 2020. Of which, China's exports to India were US$97.52 billion, up 46.2 percent, while China imported US$28.14 billion worth of goods from India, up 34.2 percent

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Analysts attributed the surge in trade to the complementary aspects of the industrial chains of the two countries. For example, about 50-60 percent of chemicals and other materials used by the Indian pharmaceutical industry, which is a pillar industry, are imported from China.

India was China's 15th largest trade partner in 2021


https://www.globaltimes.cn/page/202201/1245968.shtml
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