India's trade deficit with Switzerland

[sehwag1830]

Can anybody who is related to economics, explain me why we have such a large trade deficit
with them ?

Exports: 677 million $
Import : 25 billion $

List of the largest trading partners of India - Wikipedia, the free encyclopedia

What do we import from them ?

 

[trackwhack]

We import mostly Gold

 

[Tshering22]

Man! Switzerland too!? Is there ANYTHING we manufacture in surplus?

 

[trackwhack]

Man! Switzerland too!? Is there ANYTHING we manufacture in surplus?

Gold is not a Swiss product. The trade mechanisms are such that a bulk of it passes through Swiss banks. We import about 50 billion in Gold each year a lot of which is channeled through Swiss banks.

 

[no smoking]

Can anybody who is related to economics, explain me why we have such a large trade deficit
with them ?

Exports: 677 million $
Import : 25 billion $

List of the largest trading partners of India - Wikipedia, the free encyclopedia

What do we import from them ?

precision machinery

 

[Yusuf]

Man! Switzerland too!? Is there ANYTHING we manufacture in surplus?

Homo Sapiens

 

[Apollyon]

India has trade deficit even with Haiti ...