Indian Exports To US, China On Rise In 2020

A significant increase in India’s exports to United States and China, coupled with a dip in imports from the two countries has been witnessed this year, owing to Prime Minister Narendra Modi government’s push.

As per data received from the Centre, India’s exports to USA in September 2020 stood at USD 5.1 billion, which is 15.5 per cent more than the figures of the corresponding month (USD 4.4 billion) in 2019.

Further, the imports from USA decreased a significant 34.3 percent to USD 1.8 billion in September 2020, when compared to the figure of USD 2.8 billion in September 2019.

Similarly, imports from China, which is one of the biggest manufacturers of commodities across sectors, dipped to USD 27.4 billion in the period between April to September this year. The imports, therefore, have shrunk 24.5 percent from the USD 36.3 billion figure for the same period from last year.

Indian exports to China have, meanwhile, increased by 26.3 per cent to reach USD 10.6 billion in the aforementioned period, which is a significant increase from the figures of USD 8.4 billion for the period between April-September 2019. (ANI)

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are essential in order to enable you to move around the website and use its features. Without these cookies basic services cannot be provided.

Cookie generated by applications based on the PHP language. This is a general purpose identifier used to maintain user session variables. It is normally a random generated number, how it is used can be specific to the site, but a good example is maintaining a logged-in status for a user between pages.

Used on sites built with Wordpress. Tests whether or not the browser has cookies enabled
  • wordpress_test_cookie

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services
Would love your thoughts, please comment.x