Overview In December 2022, China exported $9.85B and imported $1.24B from India, resulting in a positive trade balance of $8.62B. Between December 2021 and December 2022 the exports of China have increased by $238M (2.48%) from $9.61B to $9.85B, while imports decreased by $-555M (-31%) from $1.79B to $1.24B.
Trade In December 2022, the top exports of China to India were Semiconductor Devices ($719M), Computers ($585M), Telephones ($547M), Integrated Circuits ($390M), and Sound Recordings ($264M). In December 2022 the top imports of China from India were Diamonds ($136M), Non-Retail Pure Cotton Yarn ($78M), Crustaceans ($77.2M), Granite ($67.4M), and Refined Copper ($66.4M).
Origins In December 2022 the exports of China were mainly from Guangdong Province ($1.94B), Jiangsu Province ($1.6B), Zhejiang Province ($1.47B), Shandong Province ($919M), and Shanghai Province ($583M), while imports destinations were mainly Guangdong Province ($197M), Jiangsu Province ($179M), Shanghai Province ($164M), Zhejiang Province ($138M), and Shandong Province ($120M).
Growth In December 2022, the increase in China's year-by-year exports to India was explained primarily by an increase in product exports in Semiconductor Devices ($515M or 254%), Integrated Circuits ($227M or 139%), and Computers ($168M or 40.1%). In December 2022, the decrease in China's year-by-year imports from India was explained primarily by an decrease in product imports in Iron Ore ($-258M or -81.3%), Raw Aluminium ($-172M or -74.6%), and Ground Nut Oil ($-95M or -92.5%).