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Calculate exports as a % of imports for both the years and discuss the probable reasons for the trend in the class.

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Question

Calculate exports as a % of imports for both the years and discuss the probable reasons for the trend in the class.

Numerical
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Solution

Using the formula:

`"Exports as % of Imports" = "Exports"/"Imports" xx 100`

Pakistan:

2004-2005: `2341/427 xx 100 = 548.2%`

2024-2025: `4720/4 xx 100 = 118000%`

China:

2004-2005: `25232/31892 xx 100 = 79.1%`

2024-2025: `120617/959666 xx 100 = 12.6%`

Country 2004-2005 2024-2025
Pakistan 548.2% 118000%
China 79.1% 12.6%

Discussion:

  • In the case of Pakistan, India's exports are much greater than its imports. By 2024–25, imports from Pakistan had fallen to a very low level, which caused the exports-as-a-percentage-of-imports figure to rise sharply.
  • In the case of China, the percentage fell from 79.1% to 12.6% because India's imports from China increased much faster than its exports to China. This indicates a large trade deficit with China.

Thus, India’s trade patterns with the two countries differ sharply. India exports much more to Pakistan than it imports, whereas it imports substantially more from China than it exports.

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Chapter 8: Comparative Development Experiences of India and Its Neighbours - Intext Question [Page 145]

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NCERT Economics Indian Economic Development [English] Class 12
Chapter 8 Comparative Development Experiences of India and Its Neighbours
Intext Question | Q 7. | Page 145
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