Strategic Lens

Trade in goods: India and China

First country

Second country

In 2025, India sold USD 18.1 billion of goods to China and bought USD 149.5 billion from it.

Benefits

  • BothTwo-way trade in goods grew 96 percent, from USD 85.7 billion in 2019 to USD 167.6 billion in 2025.

Constraints

  • BothFlows are one-sided: in 2025, China sold USD 149.5 billion of goods, against USD 18.1 billion 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: goods

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

2019: 17.28Low 14.9 / High 23.042025: 18.09

201917.28
202019.01
202123.04
202215.08
202316.25
202414.9
202518.09

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: goods

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

2019: 68.4Low 58.8 / High 149.492025: 149.49

201968.4
202058.8
202187.54
2022102.25
2023121.97
2024126.96
2025149.49

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

  • IndiaChinese inputs keep many Indian factories supplied and costs down.

Constraints

  • BothIndia has used anti-dumping cases against Chinese goods, and China filed a WTO case against Indian tariffs in December 2025.

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