India's trade deficit with China was over 100 billion U.S. dollars in 2022. The value of bilateral trade between the two countries was worth more than 136 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.

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.

The value of bilateral trade between India and China was worth about 116 billion U.S. dollars in 2023. India-China bilateral trade has rapidly expanded, propelling China to become India's largest goods trading partner.

Key information about India Total Exports to China

• India Total Exports to China recorded 1.264 USD bn in Feb 2025, compared with 1.057 USD bn in the previous month
• India Total Exports to China data is updated monthly, available from Aug 1981 to Feb 2025, with an averaged value of 180.450 USD mn
• The data reached an all-time high of 3.503 USD bn in Dec 2010 and a record low of 0.006 USD mn in Aug 1989

Exports to China in India decreased to 128.83 INR Billion in January from 138.83 INR Billion in December of 2023. This dataset includes a chart with historical data for India Exports to China.

The highest value of imports in India came from China valued at around *** billion U.S. dollars in fiscal year 2024. This was followed by Russia with an import value of about ** billion U.S. dollars during the same year.

India Exports to China was US$14.9 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Exports to China - data, historical chart and statistics - was last updated on July of 2025.

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.

India Imports from China was US$126.96 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Imports from China - data, historical chart and statistics - was last updated on July of 2025.

China Export hs: India: Article of Special Trade & Goods Unclassified data was reported at 4.992 USD mn in Oct 2018. This records a decrease from the previous number of 5.229 USD mn for Sep 2018. China Export hs: India: Article of Special Trade & Goods Unclassified data is updated monthly, averaging 0.098 USD mn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 36.935 USD mn in Nov 2009 and a record low of 0.000 USD mn in Dec 2015. China Export hs: India: Article of Special Trade & Goods Unclassified data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JA: USD: Trade by HS Classification: Asia: India.

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

Exports to India in China decreased to 8021974 USD Thousand in February from 11472713 USD Thousand in January of 2024. This dataset includes a chart with historical data for China Exports To India.

China Export hs: India: Vehicle, Aircraft, Vessel & Associated Transport Equipment data was reported at 181.824 USD mn in Jun 2018. This records an increase from the previous number of 161.312 USD mn for May 2018. China Export hs: India: Vehicle, Aircraft, Vessel & Associated Transport Equipment data is updated monthly, averaging 66.741 USD mn from Jan 2001 (Median) to Jun 2018, with 210 observations. The data reached an all-time high of 455.813 USD mn in Sep 2016 and a record low of 0.307 USD mn in May 2001. China Export hs: India: Vehicle, Aircraft, Vessel & Associated Transport Equipment data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JA: Trade by HS Classification: Asia: India.

In 2024, China exported approximately 3.58 trillion U.S. dollars worth of goods. This indicated an increase in export value of about 5.9 percent compared to the previous year. Export of goods from ChinaChina’s exports have been growing steadily over the past decade, with the exception of 2009 when financial crisis and global economic downturn slowed down global trade and 2016 witnessing another decrease in global demand. Apart from being the most populous country, China has also become the largest manufacturing economy and the largest exporter in the world. ASEAN, European Union, and United States were China's leading export partners in 2023. Machinery such as computers, broadcasting technology, and telephones as well as transport equipment make up the largest part of Chinese exports. This category amounted to approximately 1.65 trillion U.S. dollars in export value in 2023. When it comes to primary goods, food and live animals used for food are the main export products.

China Imports from India was US$18 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Imports from India - data, historical chart and statistics - was last updated on July of 2025.

The largest portion of India's imports originated from China, representing more than 15 percent of the total imports in the financial year 2024, with Russia following at over nine percent. Conversely, during the same period, India's primary exports were directed towards the United States. India’s import mix India's imports encompass a wide range of goods, with some key commodities dominating the landscape. Among these critical imports are crude oil, gold, and petroleum products. Crude oil, constituting approximately 20 percent of total imports, is critical due to the nation’s reliance on energy sources. In addition, India, as a major textile producer, has witnessed a significant rise in textile imports over the years to meet the diverse consumer and industrial demands. Trade balance In the recent past, the country experienced a notable change in its trade balance-to-GDP ratio. This ratio, which reflects the relationship between the country's trade activities and the size of its economy, saw a significant decrease of 8.5 percent in fiscal year 2023. In other words, the country was importing more goods and services than it was exporting during the period.

The export value of Chinese food products to India amounted to around *** million U.S. dollars in 2022. After a period of growth, 2020 marked a small decrease compared to the previous year's export value.

16316 Global export shipment records of Exports In India with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

China Import hs: India: Plastic & Article thereof; Rubber & Article thereof data was reported at 81.100 USD mn in Jun 2018. This records a decrease from the previous number of 111.560 USD mn for May 2018. China Import hs: India: Plastic & Article thereof; Rubber & Article thereof data is updated monthly, averaging 34.542 USD mn from Jan 2001 (Median) to Jun 2018, with 210 observations. The data reached an all-time high of 111.560 USD mn in May 2018 and a record low of 8.362 USD mn in Dec 2001. China Import hs: India: Plastic & Article thereof; Rubber & Article thereof data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JA: Trade by HS Classification: Asia: India.

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.