🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Nawal
•

SELF • 11m

‼️China - India Latest Update . China has emerged as India's largest trading partner with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank The Global Trade Research Initiative (GTRI). Bilateral trade between India and the US stood at $118.3 billion in 2023-24. The USA was India's top trading partner during 2021-22 and 2022-23. The data showed that India's exports to China rose by 8.7% to $16.67 billion in the last fiscal year. The main sectors that recorded healthy growth in exports to that country include iron ore, cotton yarn/fabrics/madeups, handloom, spices, fruits and vegetables, plastic, and linoleum. On the other hand, exports to the US dipped by 1.32% to $77.5 billion in 2023-24 as against $78.54 billion in 2022-23, while imports fell by about 20% to $40.8 billion, the data showed.

14 replies23 likes

Replies (14)

Anonymous 3

Hey I am on Medial • 11m

That’s bad news for 🇮🇳

1 replies1 like

Anonymous 1

Hey I am on Medial • 11m

Jitna bhi ban karlo. Woh toh export karna band nai krenge 😂👌

1 replies

LIKHITH

On ne sait Jamais ! • 11m

Is it a good news or a bad one 🤔?

1 replies

Aryan Raj

Building @Prescribal... • 11m

It's not that much concerning, as we are still able to increase our export to China gradually, and we can't do anything immediately about our imports as our industries also need them so for now we have to just focus on increasing our exports to china which we're doing great

0 replies2 likes

Adil Tk

BBA Student • 11m

Our country is going on a stage of developing

0 replies

Anonymous 2

Hey I am on Medial • 11m

Why do exports keep falling when we’re becoming so world class? It did, last year too

0 replies

Recommendations from Medial

Mahendra Lochhab

Content creator • 2m

India's revenue from pharmaceutical exports was $25.3 billion in the 2022-2023 financial year.

1 replies4 likes

Mahendra Lochhab

Content creator • 7m

India's agricultural exports in 2022-2023 were $53.1 billion, which was 11.8% of the country's total merchandise exports.

0 replies4 likes

Mahendra Lochhab

Content creator • 6m

India's toy exports have increased significantly, rising 239% from 2015 to 2023. In 2022–2023, exports increased by 240% while imports decreased by 67%.

0 replies7 likes

Kolkata Index
•

West Bengal Tourism • 4m

📈 India's Trade Performance (2019-20 to 2023-24)(In US$ Billion):🇮🇳 Exports: 🚀 Rose by 47.79% 📊 2019-20: $526.55B ➡️ 2023-24: $778.19B Imports: 📦 Increased by 41.59% 📊 2019-20: $602.98B ➡️ 2023-24: $853.73B (MoC&I)

0 replies4 likes

Mahendra Lochhab

Content creator • 6m

India’s smartphone exports soared above $15 billion in 2023-24, from $11 billion a year prior : government

1 replies15 likes

Mahendra Lochhab

Content creator • 3m

In 2023-24, India's seafood production is projected to be 182.70 lakh tonnes, with exports expected to reach 18.19 lakh tonnes.

0 replies1 like

Mahendra Lochhab

Content creator • 6m

In 2023, India's IT sector exports reached $193 billion, with software and services accounting for $126 billion. This is almost double the $108 billion in 2016.