Sehwag1830 Posted December 23, 2011 Posted December 23, 2011 Can anybody who is related to economics, explain me why we have such a large trade deficit with them ? Exports: 677 million $ Import : 25 billion $ http://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_India What do we import from them ?
1983-2011 Posted December 23, 2011 Posted December 23, 2011 Can anybody who is related to economics, explain me why we have such a large trade deficit with them ? Exports: 677 million $ Import : 25 billion $ http://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_India What do we import from them ? according to wiki, their main exports are machinery, chemicals, metals, watches, agricultural products.... we have got deficit because they do not import much goods from india. india also imports a lot from china, us, ksa, uae but i think uae and ksa is probably oil
Recommended Posts