Search icon
Download the all-new Republic app:
NIFTY 50 24,133.35 Down stock -55.30 (-0.23%)
NIFTY 100 25,008.90 Down stock -19.90 (-0.08%)
NIFTY 500 22,825.45 up stock 5.70 (0.02%)
NIFTY MIDCAP 50 16,231.55 Down stock -10.40 (-0.06%)
INDIA VIX 13.29 Down stock -0.45 (-3.27%)
NIFTY MIDCAP 150 21,514.00 up stock 40.85 (0.19%)
NIFTY SMALLCAP 50 9,087.90 up stock 22.70 (0.25%)
NIFTY BANK 51,327.80 Down stock -277.75 (-0.54%)
NIFTY AUTO 24,130.45 up stock 114.25 (0.48%)
NIFTY FMCG 57,795.20 up stock 123.85 (0.21%)
NIFTY IT 43,841.35 Down stock -510.40 (-1.15%)
NIFTY MEDIA 1,860.60 up stock 30.00 (1.64%)
NIFTY METAL 8,812.95 up stock 89.60 (1.03%)
NIFTY PHARMA 23,276.20 Down stock -277.20 (-1.18%)
NIFTY PRIVATE BANK 25,151.65 Down stock -92.60 (-0.37%)
NIFTY REALTY 1,051.40 Down stock -0.25 (-0.02%)
NIFTY OIL & GAS 11,053.40 up stock 143.75 (1.32%)
NIFTY COMMODITIES 8,319.80 up stock 74.70 (0.91%)
NIFTY ENERGY 36,018.60 up stock 302.70 (0.85%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)
NIFTY 50 24,133.35 Down stock -55.30 (-0.23%)
NIFTY 100 25,008.90 Down stock -19.90 (-0.08%)
NIFTY 500 22,825.45 up stock 5.70 (0.02%)
NIFTY MIDCAP 50 16,231.55 Down stock -10.40 (-0.06%)
INDIA VIX 13.29 Down stock -0.45 (-3.27%)
NIFTY MIDCAP 150 21,514.00 up stock 40.85 (0.19%)
NIFTY SMALLCAP 50 9,087.90 up stock 22.70 (0.25%)
NIFTY BANK 51,327.80 Down stock -277.75 (-0.54%)
NIFTY AUTO 24,130.45 up stock 114.25 (0.48%)
NIFTY FMCG 57,795.20 up stock 123.85 (0.21%)
NIFTY IT 43,841.35 Down stock -510.40 (-1.15%)
NIFTY MEDIA 1,860.60 up stock 30.00 (1.64%)
NIFTY METAL 8,812.95 up stock 89.60 (1.03%)
NIFTY PHARMA 23,276.20 Down stock -277.20 (-1.18%)
NIFTY PRIVATE BANK 25,151.65 Down stock -92.60 (-0.37%)
NIFTY REALTY 1,051.40 Down stock -0.25 (-0.02%)
NIFTY OIL & GAS 11,053.40 up stock 143.75 (1.32%)
NIFTY COMMODITIES 8,319.80 up stock 74.70 (0.91%)
NIFTY ENERGY 36,018.60 up stock 302.70 (0.85%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)

Published 18:49 IST, October 16th 2024

China largest source of imports to India during April-Sep of FY24: Govt

The major sources of import for India are China, Russia, UAE, the US, Iraq, Saudi Arabia, Indonesia, South Korea, Switzerland, and Singapore.

Reported by: Business Desk
India China flags | Image: PTI

China again emerged as the largest source of imports to the country, with imports from China crossing $ 56.29 billion during April-September this fiscal, the ministry said.

This marks an 11.5 per cent increase in imports from China compared to $ 50.48 billion in the same period last year. Meanwhile, the United States has emerged as India's top export destination, with outbound shipments rising by 5.62 per cent to reach $ 40.38 billion.

The major sources of import for India are China, Russia, UAE, the US, Iraq, Saudi Arabia, Indonesia, South Korea, Switzerland, and Singapore. The last in this list has emerged only for the third time. Significantly, imports from Russia also increased to $ 32.18 billion against $ 30.43 billion y-o-y. Imports from the UAE went up to $ 31.46 billion, hugely higher than $ 20.70 billion during the corresponding period last year.

The US remained the largest destination on the export side followed by the UAE, the Netherlands, the UK, China, Singapore, Saudi Arabia, Bangladesh, Germany, and South Africa. Exports to the UAE rose from $ 15.47 billion during the previous year to $ 17.24 billion in this fiscal. Export to China also saw a marginal gain at $ 6.91 billion from $ 7.63 billion during the same period of the previous fiscal.

China had remained India's largest trading partner from 2013-14 to 2017-18 and in 2020-21. The UAE had been the largest trading partner before this time when China reasserted itself as a leading trading partner. The US had accounted for being that way for both years of 2021-22 and 2022-23. In the current fiscal year, the US is India's largest trading partner, followed by China as the second-largest.
 

Updated 18:50 IST, October 16th 2024

LIVE TV

Republic TV is India's no.1 English news channel since its launch.