China and India both have a long history of Trade together . Both countries are very powerful both politically and economically . Both countries also have the largest population in the world .
The global import export data shows that these two countries export and import goods from each other even though they don't have a very good political relationship .
China is one of the largest manufacturer and exporter in the whole world
Despite that, sometimes it imports goods from India . Now if you wish to know more about what items India exports to China then this post will help you in doing so .
This post will tell you what items China imports from India . But before that we should look at how the trade between both countries has changes over the years .
How Has Trade Between China And Has Changed
The trade relationship between India and China has changed a lot over the years. Here are some of the things
Trade Routes: The import export data shows that earlier when there were no vehicles and much technology the trade between the two countries used to take place through a route called Silk Route .
This route was the first route for trade between them . But today several ways in which you can trade goods
Exponential Growth: The trade betwenn them has also increased and it has been a decade we have seen this change . The import export data sows that China has recorded exponential growth.
From 2015 to 2022, India-China bilateral trade grew by 90.14%, an average yearly growth of 12.87%.
Balanced Trade: India has made many and good efforts to achieve a more balanced trade with China, including diversifying the trade basket and exploring new sectors for collaboration
Geopolitical Tensions: Geopolitical tensions and trade disputes between India and China have impacted the trade relationship.
Changes in trade policies, tariffs, or restrictions can affect the availability and cost of imported goods
What are the items China imports from India
India exports a many goods and items to China. Some of the major items that India exports to China include
- Iron ore
- Mineral fuels
- Organic chemicals
- Cotton
- Copper
- Diamonds
- Natural gems
- Other raw-material-based commodities
These are just a few examples, and the list is not ended . India's exports to China cover a wide range of industries and products.The export data India shows that the exports to China have been lower as compared to its imports from China. But still we have seen a lot of improvement in that part also and many things like policies and schemes to increase India’s export .
India continues to export various goods to China including raw materials and commodities.
The trade relationship between the two countries is always changing and depends on many factors including geopolitical tensions and economic practices .
Conclusion
Hope now you have an idea what item China imports from India . We also learnt that how the trade history between the two countries have changed
If you want to learn more about trade related information then Siomex is the right place to go .
Siomex is the leading import export data provider in India . Visit now
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