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.
source:https://maharashtraboardsolutions.com/maharashtra-board-class-9-geography-solutions-chapter-9/
