2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

China-India Trade: In 2022, China exported $110B to India. The main products that China exported to India were Computers ($6.28B), Broadcasting Equipment ($5.56B), and Integrated Circuits ($4.56B). Over the past 5 years the exports of China to India have increased at an annualized rate of 9.61%, from $69.3B in 2017 to $110B in 2022.

In 2022, China did not export any services to India.

India-China Trade: In 2022, India exported $15.3B to China. The main products that India exported to China were Refined Petroleum ($1.95B), Iron Ore ($1.04B), and Crustaceans ($895M). Over the past 5 years the exports of India to China have increased at an annualized rate of 3.75%,  from $12.7B in 2017 to $15.3B in 2022.

In 2022, India did not export any services to China.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $110B to India. The main products exported from China to India were Computers ($6.28B), Broadcasting Equipment ($5.56B), and Integrated Circuits ($4.56B). During the last 5 years the exports of China to India have increased at an annualized rate of 9.61%, from $69.3B in 2017 to $110B in 2022.

In 2017, India exported $15.3B to China. The main products exported from India to China were Refined Petroleum ($1.95B), Iron Ore ($1.04B), and Crustaceans ($895M). During the last 5 years the exports of India to China have increased at an annualized rate of 3.75%, from $12.7B in 2022 to $15.3B in 2017.

Exports from China (Flag) to India (Flag) (2022)

Exports from India (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top Destination
United States$551B
India
Top Destination
United States$82.9B

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 2022, countries that imported more from China than India included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from India than China included Nepal ($8.66B), Sri Lanka ($6.59B), and Togo ($5.43B).

Difference in imports from India (Flag) and China (Flag) (2022)

Comparative Advantage China - India

Flow
Scale

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

During 2022, China had a large net trade with India in the exports of Machines ($53.3B), Chemical Products ($19.1B), and Metals ($9.13B).

During 2017, India had a large net trade with China in the exports of Mineral Products ($4.08B), Chemical Products ($2.39B), and Metals ($1.65B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China India+$5.05BTelephones
Top Product Potential India China+$3BRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and India. This means that a dot/product with the flag of China indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over China.

Product Space of China (Flag) and India (Flag) (2022)

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