Flag India / China Flag

2020
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Exports
: $18.5B, Rnk 2 / 218

2020
FlagFlag
Top Product
: $3.43B, Iron Ore

2020
FlagFlag
Exports
: $64.2B, Rnk 9 / 209

2020
FlagFlag
Top Product
: $3.92B, Computers

2020
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Economic Complexity (ECI)
: ECI 0.56, Rnk 40 / 127

2020
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Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
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GDP
: $2.66T, CURRENT US$
Rnk 6 / 195

2010-2020
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GDP GROWTH
: 58.8%, CURRENT US$
Rnk 46 / 195

2020
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 GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
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GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
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GDP PC 
: $1,928, CURRENT US$
Rnk 150 / 195

2010-2020
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GDP PC GROWTH
: 42%, CURRENT US$
Rnk 38 / 195

2020
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GDP PC
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

India-China In 2020, India exported $18.5B to China. The main products that India exported to China are Iron Ore ($3.43B), Refined Petroleum ($1.1B), and Cyclic Hydrocarbons ($1.05B). During the last 25 years the exports of India to China have increased at an annualized rate of 16.3%, from $425M in 1995 to $18.5B in 2020.

In 2020, India did not export any services to China.

China-India In 2020, China exported $64.2B to India . The main products that China exported to India were Computers ($3.92B), Telephones ($3.73B), and Broadcasting Equipment ($2.67B). During the last 25 years the exports of China to India have increased at an annualized rate of 18.5%, from $916M in 1995 to $64.2B in 2020.

In 2020, China did not export any services to India.

Comparison In 2020,  India ranked 40 in the Economic Complexity Index (ECI 0.56), and 18 in total exports ($284B). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, India exported $18.5B to China. The main products exported from India to China were Iron Ore ($3.43B), Refined Petroleum ($1.1B), and Cyclic Hydrocarbons ($1.05B). During the last 25 years the exports of India to China have increased at an annualized rate of 16.3%, from $425M in 1995 to $18.5B in 2020.

In 2020, China exported $64.2B to India. The main products exported from China to India were Computers ($3.92B), Telephones ($3.73B), and Broadcasting Equipment ($2.67B). During the last 25 years the exports of China to India have increased at an annualized rate of 18.5%, from $916M in 1995 to $64.2B in 2020.

Market Competitiveness

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Measure

India
Top Destination
: United States, $49.7B

China
Top Destination
: United States, $438B

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

In 2019, countries that imported more from India than China were Nepal ($5.85B), Bhutan ($623M), and Afghanistan ($855M).

In 2019, countries that imported more from China than India were United States ($438B), Hong Kong ($262B), and Japan ($151B).

Comparative Advantage India - China

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Flow

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

During 2020, India had a large net trade with China in the exports of Mineral Products ($5.27B), Chemical Products ($3.09B), and Metals ($2.77B).

During 2020, China had a large net trade with India in the exports of Machines ($31.9B), Chemical Products ($12.2B), and Metals ($4.52B).

Tariff Section

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

In 2019, the products from India that paid the highest import tariffs to enter China were Food preparations nes (150%)and Grape wines, sparkling (150%).

In 2019, 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%).

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

Economic Complexity

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Competitive Landscape

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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 India has comparative advantage over China. Similarly, the more red a dot/product is, the more China has comparative advantage over India.