# Trade deficit between India and China

> India's Commerce Ministry said it is working with Chinese authorities to improve market access for Indian agricultural, dairy and pharmaceutical products. Protocols have been signed for exports of Indian rice, rapeseed meal, tobacco and fishmeal or fish oil to China. The statement addresses the bilateral trade deficit.

- Date: 2019-06-26 · published 2019-06-26T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/58559-trade-deficit-between-india-and-china
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Expanded access for Indian rice and fishmeal to China could add export demand for those origins over time. The statement describes ongoing negotiations rather than a new purchase, so the near-term price effect is limited.

## Read by commodity

- RICE: neutral
- CANMEAL: neutral
- FISHMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-11-15 | [Importance of agri exports — and what Govt can do to boost India’s farm trade surplus](https://feedsoft.ai/events/38632-importance-of-agri-exports-and-what-govt-can-do-to-boost-india-s-farm-trade.md) | +1.0% | -4.9% |
| RICE | 2022-01-19 | [Spotlight on India’s Trade-Distorting Domestic Wheat and Rice Support](https://feedsoft.ai/events/43115-spotlight-on-india-s-trade-distorting-domestic-wheat-and-rice-support.md) | +3.1% | +2.0% |
| RICE | 2018-03-23 | [China at center of global rice trade - Texas Farm Bureau](https://feedsoft.ai/events/66072-china-at-center-of-global-rice-trade-texas-farm-bureau.md) | +0.2% | +5.4% |
| RICE | 2021-08-13 | [Agri exports from India rise, but can this last?](https://feedsoft.ai/events/45525-agri-exports-from-india-rise-but-can-this-last.md) | -2.4% | -2.0% |
| RICE | 2017-10-27 | [ACCURATE COMMODITY  TIPS\| BULLION MARKET TIPS\|BEST COMMODITY TIPS\|COMMODITY TRADING TIPS TODAY\|MCX: Rice prices in India dip on rising supply; Thailand eyes Sri Lankan demand](https://feedsoft.ai/events/68538-accurate-commodity-tips-bullion-market-tips-best-commodity-tips-commodity.md) | -3.0% | +8.1% |

## Sources

- pib.gov.in: https://www.pib.gov.in/Pressreleaseshare.aspx?PRID=1575818&lang=2&reg=3

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.