Official #economists are trying to justify fall in India's goods #exports by citing China's exports which contracted 12.4% (YoY) in June & 14.5% (YoY) in July.But contraction in India's exports was sharper:22% (YoY) in June & 15.9% (YoY) in July despite a low base.
#India #China

They shouldn't forget China's goods exports ($3.59 trillion in 2022 is 8 times of India's export) is equal to India's GDP.
2.China is faced with worst geopolitical environment wherein countries and corporations want to buy less from it while India is in geopolitically sweet spot