India-China trade deficit dips to $44 bn in 2020-21

New Delhi: India's trade deficit with China has declined from $53.57 billion in 2018-19 to $44.02 billion in 2020-21, Minister of State for Commerce and Industry Anupriya Patel said on Friday.

Exports to China has increased to $21.19 billion in 2020-21 from $16.61 billion in 2019-20, Patel said in a written reply to the Rajya Sabha. Exports were $16.75 billion in 2018-19. Imports from China during 2018-19, 2019-20 and 2020-21 were worth $70.32 billion, $65.26 billion and $65.21 billion, respectively.

In a separate reply, she said the decline in India's export of automobiles, including cars, is largely due to global economic slowdown and supply chain disruptions due to COVID-19 pandemic.