2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

India-China Trade: In 2022, India exported $15.3B to China. The main products that India exported to China were Refined Petroleum ($1.95B), Iron Ore ($1.04B), and Crustaceans ($895M). Over the past 5 years the exports of India to China have increased at an annualized rate of 3.75%, from $12.7B in 2017 to $15.3B in 2022.

In 2022, India did not export any services to China.

China-India Trade: In 2022, China exported $110B to India. The main products that China exported to India were Computers ($6.28B), Broadcasting Equipment ($5.56B), and Integrated Circuits ($4.56B). Over the past 5 years the exports of China to India have increased at an annualized rate of 9.61%,  from $69.3B in 2017 to $110B in 2022.

In 2022, China did not export any services to India.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $15.3B to China. The main products exported from India to China were Refined Petroleum ($1.95B), Iron Ore ($1.04B), and Crustaceans ($895M). During the last 5 years the exports of India to China have increased at an annualized rate of 3.75%, from $12.7B in 2017 to $15.3B in 2022.

In 2017, China exported $110B to India. The main products exported from China to India were Computers ($6.28B), Broadcasting Equipment ($5.56B), and Integrated Circuits ($4.56B). During the last 5 years the exports of China to India have increased at an annualized rate of 9.61%, from $69.3B in 2022 to $110B in 2017.

Exports from India (Flag) to China (Flag) (2022)

Exports from China (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top Destination
United States$82.9B
China
Top Destination
United States$551B

This map shows whether countries import more from India or China. Each country is colored based on the difference in imports they receive from India and China or the difference in the growth in imports.

In 2022, countries that imported more from India than China included Nepal ($8.66B), Sri Lanka ($6.59B), and Togo ($5.43B).

In 2022, countries that imported more from China than India included United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and India (Flag) (2022)

Comparative Advantage India - China

Flow
Scale

This chart compares trade between India and China by product, considering products traded by both, India and China.

During 2022, India had a large net trade with China in the exports of Mineral Products ($4.08B), Chemical Products ($2.39B), and Metals ($1.65B).

During 2017, China had a large net trade with India in the exports of Machines ($53.3B), Chemical Products ($19.1B), and Metals ($9.13B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India China+$3BRefined Petroleum
Top Product Potential China India+$5.05BTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and China. This means that a dot/product with the flag of India indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over India.

Product Space of India (Flag) and China (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with