By Admin 
Trade between India and China: When America imposed tariffs on India, India started looking for other ways. In this sequence, India’s trade with China increased. Annual trade data was disclosed by Chinese Customs on Wednesday. According to this, India’s exports to China have increased by 5.5 billion dollars as compared to last year.
The increasing trade between the two countries has undoubtedly improved the falling trend, but due to this the trade deficit has also reached a record 116.12 billion dollars. It has crossed the $100 billion mark for the second time after the year 2023. The trade deficit in 2024 was $99.21 billion, in which China’s total exports to India were $113.45 billion and India’s exports to China remained stable at $14.25 billion.
India’s trade with dragon is increasing
According to customs data, trade between the two countries is expected to reach its highest ever level of $155.62 billion in 2025. Efforts were being made for the last few years to increase Indian exports to China, which have now increased to $19.75 billion between January and December last year, an increase of 9.7 percent.
This increase is equal to 5.5 billion dollars. On the other hand, China’s exports to India have increased by 12.8 percent during this period to 135.87 billion dollars. In this way bilateral trade has reached 155.62 billion dollars. China’s annual trade data is from January to December, while India releases its figures from March to April.
What is trade deficit?
When a country imports more than it exports, it is called trade deficit. That is, a country is purchasing the goods it needs from other countries on a large scale, but is not producing anything that other countries can also buy. CRISIL has earlier stated in one of its reports that if the trade deficit of a country continues to increase, then the economic condition of that country may waver. In such a situation, new job opportunities are not created and the currency is also negatively affected because if there is large-scale import, the foreign exchange will reduce and this will increase the pressure on the rupee.
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