Impact Of Covid-19 On Trade Between India And South Asian Countries

Abstract

Corona virus disease (Covid-19) has out broken in Wuhan, China in Dec-2019 latter was declared Pandemic by WHO on 11 March 2020. The pandemic has caused distressing and devastating economic, health and social impact worldwide. The pandemic has caused one of the most serious Economic and public health crises faced by South Asian Countries. The present paper aims to analyse the impact of Covid-19 on India’s trade with South Asian Countries based on the reports and data collected from Ministry of Industries and Trade Govt. of India. Out of the total exports of India to all the countries of the world the share of export to South Asian countries were 7.681% in 2018-19 just before Covid-19 which has fallen to 7.0036% in 2019-20 which gradually rises to 7.5495% in 2020-21 and 8.1451% in 2021-22. Similarly imports has also been affected by the pandemic out of the total imports of India to all the countries of the world the share of import to South Asian countries were 0.8502% in 2018-19 and deteriorated to .8094% in 2019-20 which gradually improves and started to rise in 2020-21 it was 0.8555% which has further increased to 0.9174% in 2021-22.