India vs China: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

IndiaMetricChina
$455.43BTotal exports$3.41T
$664.68BTotal imports$2.13T
$-209.25BTrade balance$1.29T
$1.12TTotal trade volume$5.54T
#12Global export rank#1
#8Global import rank#2

Direct trade between India and China

IndiaChina
$17.79B
ChinaIndia
$119.91B

India top exports

  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$79.55B
  • non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set$19.51B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$18.07B
  • Telephones for cellular networks or for other wireless networks$15.79B
  • of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof$11.06B

China top exports

  • Telephones for cellular networks or for other wireless networks$223.55B
  • portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$118.95B
  • lithium-ion, including separators, whether or not rectangular (including square)$69.67B
  • machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$65.42B
  • memories$49.99B

Shared top trade partners

Both countries appear as major export destinations for 3 of the same partners:

USAGermanyUnited Kingdom