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Strategic Lens

Energy: India and China

First country

Second country

In 2025, India sold USD 2.37 billion of mineral fuels and oils to China and bought USD 310 million from it.

Constraints

  • BothFlows are one-sided: in 2025, India sold USD 2.37 billion of mineral fuels and oils, against USD 310 million the other way.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Last updated on 26 September 2026

The numbers

India's exports to China: mineral fuels and oils

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 2.08Low 1.18 / High 2.372025: 2.37

20192.08
20201.21
20211.75
20221.98
20231.18
20241.22
20252.37

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

India's imports from China: mineral fuels and oils

USD billion · 2019 to 2025, calendar years, as reported by India

2019: 0.55Low 0.29 / High 1.072025: 0.31

20190.55
20200.29
20210.79
20221.07
20230.68
20240.4
20250.31

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026)

Data retrieved 26 September 2026

More on this relationship

Benefits

  • BothA 2006 agreement lets ONGC Videsh and CNPC bid together on promising projects.

Constraints

  • BothThe Western Indian Ocean, which both rely on for energy, is described as a theatre of rivalry between India, China and the US.

Sources: Wikipedia: China–India relations (revision of 23 September 2026)

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