RECORD 86% GROWTH IN INDIA’S EXPORTS
TO CHINA
India’s exports to
China have registered a record growth of 86% during 2002-03 (April-December).
Indian exports to China during this period are valued at US $
1255.90 million (i.e., US $ 1.2 billion). On the other hand, India’s
imports from China during 2002-03 (April-December) have shown
a growth of 38% over the corresponding period of the previous
year.
India’s exports to
China during the full year 2001-02 amounted to US $ 922.60 million,
indicating a growth rate of 11.33%.
Major items of India’s
exports to China are iron ore, plastic and linoleum products,
other ores and minerals, marine products, cotton yarn, fabrics,
made-ups and drugs, pharmaceuticals & fine chemicals (these
items account for 73% of India’s exports to China).
The main items of
India’s imports from China are electronic goods, coal, coke, briquettes,
organic chemicals, raw silk, medicinal & pharmaceutical products
and silver (these items account for 60% of India’s imports from
China).
