While the majority of last year saw Indian and Chinese soldiers occupied in an eyeball-eyeball standoff near LAC in eastern Ladakh and violent clashes between troops in Galwan valley, China continued to remain on top of the list of countries from where India imported goods during January-December, 2020.
In 2020, India imported goods worth $58.71 billion from China, MoS (commerce and industry) Hardeep Singh Puri told Lok Sabha on Wednesday in reply to a query by Trinamool Congress MP Mala Roy.
In his written statemet, the minister said China, USA, UAE, Saudi Arabia and Iraq were the top five countries (in that order), from where India sourced its imports.
Presenting details, the reply address the top five countries where India imported goods during 2020 ( January-December) are China with goods worth $58.71 billion, the US ( $26.89 billion), United Arab Emirates ($23.96 billion), Saudi Arab ($17.73 billion) and Iraq ($16.26 billion).
The amount of total imports from the top five countries is worth $ 143.55 billion, which amounts to 38.59% of the total which amounts to $371.98 billion.
The minister also notified the House that, “imports take place to meet the gap between domestic production and supply, consumer demand and preferences for various items”.
The majority of imported items are from China, as per the minister, were “products such as telecom instruments, computer hardware and peripherals, fertilizers, electronic components/instruments, project goods, organic chemicals, drug intermediates, consumer electronics, electrical machinery etc”.