China / India

Overview In August 2024, China exported $11.4B and imported $1.3B from India, resulting in a positive trade balance of $10.1B. Between August 2023 and August 2024 the exports of China have increased by $1.4B (14%) from $10B to $11.4B, while imports decreased by $-290M (-18.3%) from $1.59B to $1.3B.

Trade In August 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 August 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 August 2024 the exports of China were mainly from Guangdong Province ($2.93B), Jiangsu Province ($1.94B), Zhejiang Province ($1.84B), Shanghai Province ($729M), and Shandong Province ($637M), while imports destinations were mainly Zhejiang Province ($240M), Guangdong Province ($191M), Shanghai Province ($185M), Jiangsu Province ($147M), and Shandong Province ($130M).

Growth In August 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 ($66.4M or 62.1%). In August 2024, the decrease in China's year-by-year imports  from India was explained primarily by an decrease in product imports  in Diamonds ($-91.4M or -67.3%), Non-Retail Pure Cotton Yarn ($-74.3M or -95.3%), and Refined Petroleum ($-39.8M or -71.1%).