India's trade deficit with China reduces to $48.66 billion in FY20

India's trade deficit with China fell to $48.66 bn in 2019-20 on account of decline in imports from the neighbouring country, as per government data. Exports to China in the last financial year stood at $65.26 billion, while imports aggregated at $16.6 bn.
The main imports from China include clocks and watches, musical instruments, toys, sports goods, furniture, mattresses, plastics, electrical machinery, electronic equipment, chemicals, iron and steel items, fertilisers, mineral fuel and metals.