China / India

Overview In May 2024, China exported $9.9B and imported $1.51B from India, resulting in a positive trade balance of $8.39B. Between May 2023 and May 2024 the exports of China have increased by $397M (4.18%) from $9.5B to $9.9B, while imports decreased by $-73M (-4.62%) from $1.58B to $1.51B.

Trade In May 2024, the top exports of China to India were Telephones ($551M), Computers ($447M), Integrated Circuits ($372M), Flat panel displays ($332M), and Electric Batteries ($242M). In May 2024 the top imports of China from India were Iron Ore ($214M), Crustaceans ($67.1M), Diamonds ($44.4M), Other Pure Vegetable Oils ($42.3M), and Ground Nut Oil ($42.3M).

Origins In May 2024 the exports of China were mainly from Guangdong Province ($2.35B), Zhejiang Province ($1.87B), Jiangsu Province ($1.84B), Shanghai Province ($634M), and Shandong Province ($594M), while imports destinations were mainly Shanghai Province ($235M), Shandong Province ($213M), Zhejiang Province ($207M), Guangdong Province ($181M), and Jiangsu Province ($157M).

Growth In May 2024, the increase in China's year-by-year exports to India was explained primarily by an increase in product exports in Vinyl Chloride Polymers ($94.5M or 247%), Flat panel displays ($68.2M or 25.9%), and Large Flat-Rolled Stainless Steel ($66.4M or 62.1%). In May 2024, the decrease in China's year-by-year imports  from India was explained primarily by an decrease in product imports  in Diamonds ($-91.4M or -67.3%), Non-Retail Pure Cotton Yarn ($-74.3M or -95.3%), and Refined Petroleum ($-39.8M or -71.1%).