India-China trade climbs to USD 135.98 billion in 2022, trade deficit crosses USD 100 billion for first time

India-China trade climbs to USD 135.98 billion in 2022, trade deficit crosses USD 100 billion for the first time

The trade between India and China touched an all-time high of USD 135.98 billion in 2022, while New Delhi’s trade deficit with Beijing crossed the USD 100 billion mark for the first time despite frosty bilateral relations, according to data released by the Chinese customs on Friday.

India-China trade climbs to USD 135.98 billion in 2022, trade deficit crosses USD 100 billion for the first time

The trade between India and China touched an all-time high of USD 135.98 billion in 2022, while New Delhi's trade deficit with Beijing crossed the USD 100 billion mark for the first time despite frosty bilateral relations, according to data released by the Chinese customs on Friday.

India-China trade climbs to USD 135.98 billion in 2022, trade deficit crosses USD 100 billion for first time

The total India-China trade for 2022 has climbed to 135.98 billion, overtaking the USD 125 billion mark a year earlier by registering an 8.4 per cent increase, according to the annual Chinese customs data.

India-China trade deficit crosses over $100 billion for the first time

The trade deficit for India stood at USD 101.02 billion, surpassing the 2021 figure of US 69.38 billion

India-China trade at $135.98 bn in 2022. Trade deficit crosses $100 bn mark

This is the first time the trade deficit has crossed the $100 billion mark

India-China trade climbs to $135.98 billion in 2022: Report

China’s exports to India climbed to USD 118.5 billion, a year-on-year increase of 21.7 per cent.