The value of bilateral trade between India and China was worth about *** billion U.S. dollars in 2023. India-China bilateral trade has rapidly expanded, propelling China to become India's largest goods trading partner.
India's trade deficit with China was over *** billion U.S. dollars in 2022. The value of bilateral trade between the two countries was worth more than *** billion U.S. dollars for the same year. India-China bilateral trade has rapidly expanded, propelling China to become India's largest goods trading partner.
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China Exports to India was US$120.46 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to India - data, historical chart and statistics - was last updated on July of 2025.
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China plans to boost imports from India to address trade imbalance, as bilateral trade reaches $101.7 billion. This initiative coincides with US tariff announcements and aims to strengthen Sino-Indian relations.
In 2023, India exported over 16 billion U.S. dollars worth of products to neighboring country China, while maintaining the bilateral trade agreement. The main products exported were organic chemicals, mineral fuels, ores, and cotton.
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India-China total bilateral trade & total bilateral agriculture trade (All values are in USD billion).
This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around ***** billion U.S. dollars.
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India and China’s total trade volume and percentage share in the world’s total trade volume (All values are in USD billion).
Which is BRICS’ impact over bilateral commercial relations? Our hypothesis states that the countries’ group creation in 2006 – formed by Brazil, Russia, India, China, and, more recently, South Africa – increased commercials trade among them. The research design combines descriptive statistics, paired sample t test and deep case study comparison (Brazil and China) to estimate production goods variation between 2000 and 2013. All data were collected from two sources: one from the Brazilian Ministry of Development, Industries and Exterior Trade (MDIC in Portuguese) and the other one from Interamerican Development Bank (BID in Portuguese). The preliminary results suggest that the mean difference of allocated resources before and after the BRICS’ institution is statistically significant.
Summarized two-way trade with Canada, total imports and total exports, for Brazil, China, India, Mexico, Russia and the US. Value of imports/exports by country in comparison to total imports/exports (Canadian dollars).
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This paper presents a comprehensive analysis of the agriculture trade dynamic between India and China from 2002–2021. It employed the Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage (RSCA) indices and various statistical analyses to assess the trade performance and provide an enhanced comprehension of the specialization pattern. The study has selected 45 agricultural commodities, categorized into seven sections according to the HS Nomenclature 2017. The findings revealed that India boasts a more diversified export portfolio compared to China, with a more significant number of agriculture chapters demonstrating a comparative advantage. Conversely, China’s export basket is more concentrated, featuring fewer chapters with a comparative advantage but higher values of RCA and RSCA. The paper also identified the prospective areas for agriculture-trade cooperation and collaboration between the two countries and put forward recommendations. This research aims to offer valuable insights for policymakers, researchers, and traders to enhance bilateral ties and mutual benefits in the agriculture sector.
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Descriptive statistics of India and China’s RCA results.
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This paper presents a comprehensive analysis of the agriculture trade dynamic between India and China from 2002–2021. It employed the Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage (RSCA) indices and various statistical analyses to assess the trade performance and provide an enhanced comprehension of the specialization pattern. The study has selected 45 agricultural commodities, categorized into seven sections according to the HS Nomenclature 2017. The findings revealed that India boasts a more diversified export portfolio compared to China, with a more significant number of agriculture chapters demonstrating a comparative advantage. Conversely, China’s export basket is more concentrated, featuring fewer chapters with a comparative advantage but higher values of RCA and RSCA. The paper also identified the prospective areas for agriculture-trade cooperation and collaboration between the two countries and put forward recommendations. This research aims to offer valuable insights for policymakers, researchers, and traders to enhance bilateral ties and mutual benefits in the agriculture sector.
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Descriptive statistics of India and China’s RSCA result.
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Agricultural chapters demonstrating comparative advantage and comparative disadvantage in India and China.
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The value of bilateral trade between India and China was worth about *** billion U.S. dollars in 2023. India-China bilateral trade has rapidly expanded, propelling China to become India's largest goods trading partner.