708-Chaudhari Technical Institute, Gandhinagar - Gujarat ...

Chart 4: India’s Trade in Japan
Source: http://www.icrier.org/pdf/takahiro_sato.pdf
TRADE RELATIONS
India’s exports to Japan more than doubled from US$2.5 billion in 2005-06
to US$5.2 billion in 2010-11, growing at the average rate of 16 per cent per
annum. However, the share of Japan in India’s global exports shrank from
2.4 per cent in 2005-06 to 2.1 per cent in 2010-11. As a result, Japan
slipped from the 10 th to 12 th position in India’s exports over the last five
years. India’s imports from Japan nearly doubled from US$4.1 billion in
2005-06 to US$8.1 billion in 2010-11, with an average rate of growth of 14.9
per cent per year. However, the share of Japan in India’s global imports
declined from 2.7 per cent in 2005-06 to 2.3 per cent in 2010-11.
Consequently, Japan’s position in India’s imports slipped significantly from
the 10 th to 16 th over the last 5 years.
115