India’s exports to China have shown promising growth in different principal commodities in 2023, as revealed by the latest data from the commerce ministry. Out of the total 161 goods shipped to China, 90 products like iron ore, cotton yarn, spices, and processed minerals have witnessed a positive surge in export numbers.
Notably, four commodities including iron ore, cotton yarn, spices, and processed minerals have seen a significant increase in export value by more than USD 100 million each.
Additionally, fifteen other goods, ranging from marine products and iron and steel to telecom instruments and vegetable oils, have shown improvements in exports falling in the USD 10 – 100 million bracket. The data also highlights a rise in India’s exports of telecom instruments and electronic components to China, showcasing a positive trend despite a decline in China’s overall imports. An official emphasised the resilience of Indian exports to China despite challenging market conditions.
