India has an opportunity for boosting exports of 300 products to US and China

India has an opportunity for boosting exports of as many 350 products such as chemicals and granite to US and China. Because of the ongoing trade war between the US and China, a study by the Commerce Ministry has said.

A trade war kind of situation is occured because both the US and China are imposing heavy import duties on each other's products. The identification of these products is part of a study carried out by the ministry which states, "The ongoing tariff or customs duties war between the US and China proves a big window of opportunity for enhancing India's exports to these two nations".

Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta said, "The trade war between the US and China is benefitting India".

According to the study, as much 151 domestic products including diesel, X-ray tubes and certain chemicals have an outright advantage to displace the US exports to China and 203 Indian goods like rubber and graphite electrodes have the advantage to displace Chinese exports to the US.

"The specific products in which India can potentially expand exports to China immediately based on its strengths and available market access in the neighbouring country and also those in which concerted efforts need to be made to acquire market access are being shared with the line ministries. The ongoing trade war may bring about a shift in the global trading patterns due to spillover effects and displacement of the bilaterally traded communities to other countries", it said.