India-China Bilateral Trade: Top Import-Export Items
The history of relations between India and China dates back to the 2nd century BC and has translated into bilateral relations valued at over $100 billion in the 21st century. Today, the two Asian giants represent Asia’s two largest and most dynamic economies - forming the face of the new world.
As per the General Administration of Customs (GAC) of China, India-China trade crossed the $100-billion mark in October this year. Registering an increase of 22.2 per cent as compared with the same period last year, the GAC data showed that the overall trade volume between India and China was $102.29 billion. China exported goods to India worth $78.33 billion, while India’s exports stood at $23.96 billion to China.
Below we share a detailed infographic on top 10 import and export items traded between India and China during 2019-20 and 2020-21.
India’s Exports to China in 2019-20 & 2020-21
India’s Imports from China in 2019-20 & 2020-21
To learn more about India’s Import and Export procedures, get in touch with our team of experts who would be happy to support in your export processes.
Further, if you would like to use India as an export base, we can also help you in understanding India’s trading environment and devise suitable plans for your trading business.
We provide expert advisory and corporate services across Asia, guiding businesses through complex markets and regulations.