Obtain information regarding the bilateral trade between India and Jap

Obtain information regarding the bilateral trade between India and Japan for any financial year and the value of the export and import of major goods. Write two paragraphs on it.

Answer»

India’s Trade with Japan (April 2016-Jan 2017)

Exports	₹ 20,000 Cr
Imports	₹ 55,000 Cr
Trade Balance	₹ 35,000 Cr

This shows that India has an Unfavourable Balance of Trade with Japan, in which the value of Imports is more than the value of Exports.

India’s major exports to Japan Petroleum products, Iron ore, Fish Meat (including

lobsters, crabs, shrimps etc) Motor parts, Insecticides, Fungicides, Turbo-jets, Gas turbines etc.

India’s major imports from Japan Iron and Steel Products, Transport Equipments, Plastic, Machinery items like Drilling Platforms, Floating Cranes, Printing machinery etc.

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