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India China Trade Data

India’s Trade with China Reaches $123 Billion in 2021, Imports Crosses $100 Billion

India’s trade with China in 2021 grew and reached to US$ 123 billion with imports from China has crossed US$ 100 billion mark, underlining continued demand for a range of Chinese goods, particularly machinery. According to our database, India’s imports from China officially reported US$ 101 billion, while India’s exports to China totalled US$ 22 billion in 2021. Both the values increased as compared to the previous year.
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Bangladesh Import Data

Bangladesh Palm Oil Imports from Malaysia to Increase in 2022

Bangladesh palm oil imports are likely to increase further as Malaysia, the second-largest supplier is looking to boost palm oil exports to Bangladesh. According to our database, Bangladesh imported palm oil worth US$ 2.6 billion in 2021, in which Malaysia’s share was US$ 186 million. In percentage, Indonesia shares over 75% and Malaysia more than 15% of Bangladesh’s total palm oil imports. Get a complete picture of Bangladesh importing palm oil from Indonesia and Malaysia, as these two countries are the world’s top suppliers of palm oil.
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India Import Data

How Union Budget 2022 will Impact Imports – Key Highlights

India, on 1st Feb 2022 announced new custom duties and tariffs on commodities imported from global countries in Union Budget 2022. The government has reduced customs duty on cut and polished diamonds to 5% and made other changes that may affect the trade of commodities in the future. Here are key highlights of budget 2022 and trade statistics of products on which customs duties have changed and a list of goods that will become cheaper and costlier.
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India Import Data

India’s Gold Imports Increase to US$ 30.2 Billion in 2021

India’s gold demand shot up in 2021, as lots of weddings were postponed to 2021 from 2020 because of the coronavirus outbreak. Indian authorities put strict lockdowns during first waves of the Covid-19 pandemic, hitting the gold demand at that time. Gold is regarded an essential part of the bride’s dowry in India and is also a popular wedding gift. As gold demand was high, India spent a record $ 55.7 billion on gold imports in 2021. According to our India import database, India’s gold imports increased to US$ 30.2 billion in 2021 from the previous year. Here is in-depth data analysis of India’s gold import market.
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US Trade Data

US Wins Trade Dispute With Canada Over The US Dairy Products

US-Canada have a strong bilateral relationship concerning the maintenance of a secure and efficient flow of goods and services to both countries’ economic and political well-being. US-Canada trade data reveals that Canada imports from the US accounted for an import value of $255.3 billion, while Canada’s exports to the US accounted for an overall worth of $286.3 billion exports for the year of 2020.
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