India’s imports from China at $58.71 billion post Galwan, says government

2021-03-17 16:00:24

NEW DELHI: Even as most of last year saw India and China engaging in hostilities at the northern borders post the Galwan incident, China remains on top of the list of countries from where India imported goods during January to December of 2020.
In 2020, India imported goods worth $58.71 billion from China, the government told Lok Sabha on Wednesday. Trinamool Congress MP Mala Roy, had asked the commerce and industry minister for details of top five countries from where India imported goods in the last one year including the amount of imports and the reasons of import from China including the trade value of import from China in the last one year.
In his written reply minister of state for commerce and industry, Hardeep Singh Puri told the House that China, USA, UAE, Saudi Arab and Iraq were the top five countries in that order, from which India imported goods.
“The details of top five countries from where India has imported goods during 2020 (January- December) are, China goods worth $58.71 billion, from United States of America goods worth $26.89 billion, from United Arab Emirates goods worth $23.96 billion, from Saudi Arabia $17.73 billion and from Iraq $16.26 billion.”
The amount of total imports from the top five countries that India bought from is worth $143.55 billion, which amounts to 38.59 % of our total imports, when India’s total import amounts to $371.98 billion, he added.
The minister also said that, “Imports take place to meet the gap between domestic production and supply, consumer demand and preferences for various items.”
The major items of import from China, according to the minister are “products such as telecom instruments, computer hardware and peripherals, fertilizers, electronic components/instruments, project goods, organic chemicals, drug intermediates, consumer electronics, electrical machinery etc.”

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