China (CHN) and India (IND) Trade

About

China-India: In 2019, China exported $72.6B to India. The main products that China exported to India are Telephones ($4.24B), Computers ($3.42B), and Integrated Circuits ($2.61B). During the last 24 years the exports of China to India have increased at an annualized rate of 20.1%, from $903M in 1995 to $72.6B in 2019.

In 2019, China did not exported services to India.

India-China: In 2019, India exported $17.4B to China . The main products that India exported to China were Refined Petroleum ($1.89B), Iron Ore ($1.84B), and Cyclic Hydrocarbons ($1.7B). During the last 24 years the exports of India to China have increased at an annualized rate of 16.7%, from $423M in 1995 to $17.4B in 2019.

In 2019, India did not exported services to China.

Comparison: In 2019, China ranked 29 in the Economic Complexity Index (ECI 1.06), and 1 in total exports ($2.57T). That same year, India ranked 45 in the Economic Complexity Index (ECI 0.63), and 15 in total exports ($330B).

Product Trade

#

Bilateral Trade by Products

#

Depth

Value

Year

In 2019, China exported $72.6B to India. The main products exported from China to India were Telephones ($4.24B), Computers ($3.42B), and Integrated Circuits ($2.61B). During the last 24 years the exports of China to India have increased at an annualized rate of 20.1%, from $903M in 1995 to $72.6B in 2019.

In 2019, India exported $17.4B to China. The main products exported from India to China were Refined Petroleum ($1.89B), Iron Ore ($1.84B), and Cyclic Hydrocarbons ($1.7B). During the last 24 years the exports of India to China have increased at an annualized rate of 16.7%, from $423M in 1995 to $17.4B in 2019.

Latest Data

#

Date

#

Date

Market Competitiveness

#

Measure

SectionYear

China
Top Destination: United States, $429B

India
Top Destination: United States, $55.3B

This map shows whether countries import more from China or India. Each country is colored based on the difference in imports they receive from China and India or the difference in the growth in imports.

In 2019, countries that imported more from China than India were United States ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from India than China were Nepal ($7.11B), Gibraltar ($974M), and Bhutan ($694M).

Comparative Advantage China - India

#

Depth

Year

This chart compares trade between China and India by product, considering products traded by both, China and India.

During 2019, China had a large net trade with India in the exports of Machines ($34.2B), Chemical Products ($12.7B), and Metals ($5.79B).

During 2019, India had a large net trade with China in the exports of Mineral Products ($4.77B), Chemical Products ($3.74B), and Machines ($1.7B).

Tariff Section

#

Tariffs

#

This section shows import tariffs for products traded between China and India (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter India were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2018, the products from India that paid the highest import tariffs to enter China were Food preparations nes (150%) and Grape wines, sparkling (150%).

Explore Tariff Data

*The tariffs present between China and India are:
125: General duty rate
136: Most Favoured Nation duty rate treatement
343: Preferential trade agreement (APTA) Asia-Pacific Trade Agreement or (Previously named:Bangkok Agreement)

Economic Complexity

#

Competitive Landscape

#

Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more China has comparative advantage over India. Similarly, the more red a dot/product is, the more India has comparative advantage over China.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage China - India

Tariff Section

Tariffs

Economic Complexity

Competitive Landscape

Related Profiles