At the end of fiscal year 2021, the value for the balance of trade India had with Northeast Asian countries was a deficit of more than 66 billion U.S. dollars.
The balance of trade calculates the comparison of exports against imports, determining a surplus (when exports outweigh imports) or a deficit (when imports are more than exports) of trade. The trade balance is also a component of a country's GDP.
Balance of Indian trade with Northeast Asia from financial year 2012 to 2021
(in billion U.S. dollars)
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Department of Commerce (India). (February 18, 2022). Balance of Indian trade with Northeast Asia from financial year 2012 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/651445/balance-of-trade-northeast-asia-to-india/
Department of Commerce (India). "Balance of Indian trade with Northeast Asia from financial year 2012 to 2021 (in billion U.S. dollars)." Chart. February 18, 2022. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/651445/balance-of-trade-northeast-asia-to-india/
Department of Commerce (India). (2022). Balance of Indian trade with Northeast Asia from financial year 2012 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/651445/balance-of-trade-northeast-asia-to-india/
Department of Commerce (India). "Balance of Indian Trade with Northeast Asia from Financial Year 2012 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Feb 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/651445/balance-of-trade-northeast-asia-to-india/
Department of Commerce (India), Balance of Indian trade with Northeast Asia from financial year 2012 to 2021 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/651445/balance-of-trade-northeast-asia-to-india/ (last visited November 13, 2024)
Balance of Indian trade with Northeast Asia from financial year 2012 to 2021 (in billion U.S. dollars) [Graph], Department of Commerce (India), February 18, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/651445/balance-of-trade-northeast-asia-to-india/
