China recorded a trade surplus of 90.07 USD Billion in October of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in China expanded 1.10 percent in the third quarter of 2025 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China accounted for an average of ** percent in imports supporting select industries in India in financial year 2019. Electrical machinery and equipment accounted for the highest in that time period at ** percent. Plastics, on the other hand acquired ** percent of imports from China that year. India depended on China for a variety of products spread across multiple industries.

Trade relationship between India and China

The trade relationship between the two major global economies started a few decades ago. However, India has had an unfavorable trade balance with China as the trade deficit gap has widened over the years. The Indian food product imports has struggled and it is evident in its decreased value since 2008. In 2019, China was India’s leading import partner. For the same year, China was also the second leading export partner of India.

India’s export value

India exported a variety of products to a long list of countries in the world. In 2019, engineering goods valued at more than ************* Indian rupees was the leading commodity exported by India. The economic slowdown in 2019 and the current lockdown during the coronavirus (COVID-19) pandemic has affected industrial production across all sectors. Following this, the country's exports saw a drastic decline in various products.

China's main stock market index, the SHANGHAI, fell to 3898 points on December 2, 2025, losing 0.42% from the previous session. Over the past month, the index has declined 1.98%, though it remains 15.36% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on December of 2025.

The United States recorded a trade deficit of 59.55 USD Billion in August of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows Iran's main import partners in 2023, sorted by their share in total imports. In 2023, Iran's main import partner was the China with a share of 34 percent in all imports. Iran's struggling economy Iran’s main import partners in descending order of importance include the United Arab Emirates, China, Algeria, India, South Korea and Turkey. Together the United Arab Emirates and China compose over 50 percent of all imports. No European countries or the United States are close trade partners with Iran for neither imports nor exports. Iran has been isolated from the west with sanctions due to concerns over the country's role in the manufacture of weapons of mass destruction for decades. In 2011, further sanctions on Iran from the United States and Europe were agreed upon, which negatively affected Iran’s economy. This also had an effect on the value of totalimports into the country which also dropped slightly around the same period. This is likely due to the fact that Iran’s GDP per capita also reduced significantly thereafter, limiting the country’s capacity to import goods. Compared to the GDP per capita of Saudi Arabia, Iran’s is significantly lower. Aside from the Saudi Arabian oil trade, one difference could be attributed to the fact that Saudi Arabia, in contrast to Iran, has developed strong international ties and trades freely with Europe and the United States, whereas Iran remains isolated for the time being.

Snapshot img { margin: 10px !important; } Overview of the baijiu market in China

Technavio’s market research study has identified the rise in number of middle-class consumers to be one of the primary factors that will fuel the growth of the baijiu market in China during the next few years. The growing middle-class population in China is influencing the demand for premium and standard baijiu products. Increasing demand for products that offer a better sense of lifestyle is encouraging the players to focus on the middle-class consumers dur to the growing purchasing power of these middle-class consumers. Our market research analysts have estimated that this market will grow steadily at a CAGR of about 5% by 2021.

Baijiu is also known as sorghum wine. The increasing sales of baijiu is subsequently influencing the demand for sorghum. China depends primarily on sorghum imports to manufacture baijiu and is engaged in large scale imports and domestic production of sorghum. The country imports nearly 179 million bushels of sorghum from the US and is constantly focusing on increasing their domestic production of sorghum. According to our analysts, the increasing imports of sorghum will be one of the key trends that will gain traction in the baijiu market in China in the coming years.

Competitive landscape and key vendors

The baijiu market in China is fragmented owing to the presence of several international and regional players. Regional players have strong market position and the global players struggle to improve their market share. The players in the Baijiu market in China are competing intensely in terms of pricing strategies, promotion and advertising, and innovation in taste and flavor and other aspects.

The leading vendors in the market are

Hubei Daohuaxiang Wine Co
Jiangsu Yanghe Distillery
Kweichow Moutai
Wuliangye Company

The other prominent vendors in the market are Anhui Kouzi Distillery, Anhui Yingjia Group, Beijing Shunxin Holding Group, Gujing Group, Hubei Baiyunbian, Luzhou Laojiao, Shaanxi Xifeng Liquor Company, Shanxi XinghuaCun Fen Jiu Group, and Sichuan Langjiu Group.

Segmentation by price and analysis of the baijiu market in China

Standard baijiu
Low-end baijiu
Economy baijiu
Premium baijiu
Super-premium baijiu

The standard baijiu segment consists of baijiu products priced between USD 20 and USD 40. This demand for thesse products is gaining traction owing to the growing middle-class population and the increasing disposable income of consumers. Product affordability and the development of innovative products will contribute to the growth of this segment in this Chinese alcohol market.

Segmentation by distribution channel and analysis of the baijiu market in China

Off-trade
On-trade

The off-trade distribution channel refers to the 'to-go' sales of packaged products in establishments such as wineries, retail stores, and package stores. This distribution channel allows a healthy interaction between the customer and sellers, while providing customers the comfort of their home and providing storage options for convenient storage. The increasing number of consumers opting to consume baijiu in their homes will contribute to the growth of the baijiu market in China in the off-trade segment.

Key questions answered in the report include

What will the market size and the growth rate be in 2021?
What are the key factors driving the baijiu market in China?
What are the key market trends impacting the growth of the baijiu market in China?
What are the challenges to market growth?
Who are the key vendors in the baijiu market in China?
What are the market opportunities and threats faced by the vendors in the baijiu market in China?
Trending factors influencing the market shares of China.
What are the key outcomes of the five forces analysis of the baijiu market in China?

Technavio also offers customization on reports based on specific client requirement.

Inflation Rate in China increased to 0.20 percent in October from -0.30 percent in September of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.

Retail Sales in China increased 0.16 percent in October of 2025 over the previous month. This dataset provides - China Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in China decreased to 17.30 percent in October from 17.70 percent in September of 2025. This dataset includes a chart with historical data for China Youth Unemployment Rate.

Consumer Price Index CPI in China increased to 103.20 points in April from 103.10 points in March of 2025. This dataset provides - China Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in China remained unchanged at -2.20 percent in October. This dataset provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in China increased 0.20 percent in October of 2024 over the same month in the previous year. This dataset provides - China Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from China in India increased to 744.54 INR Billion in January from 743.97 INR Billion in December of 2023. This dataset includes a chart with historical data for India Imports from China.

As a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2024, reaching 35 percent of the country's GDP. The high figure is due to the country being invaded by Russia in February 2022. Israel, that is fighting Hamas in the Gaza war, and Algeria followed behind.Leading military spending countriesIn gross terms, the countries with the highest military spending are the United States, China, and Russia. However, these are countries with large populations and GDPs, and smaller countries usually cannot compete alone, regardless of how much they invest. For this reason, they form alliances such as the North Atlantic Treaty Organization (NATO). NATO countries aim to pool two percent of their GDP towards their own militaries and to aid each other in case of war. Regional differencesThe past decade has seen an increase in global military spending. This has not been distributed evenly. That period saw large positive changes in military spending from several Asian countries, including a large increase from China. While this does not reflect the number of active conflicts, it reflects growing tensions in global affairs.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.