![Import 2017-18](https://indianretailsector.com/news/wp-content/uploads/2017/07/ExportImport.jpg)
India and china’s total trade in Financial year 2016-17 has been Rs. 4,79,542 crores. Export from India was mere Rs. 68,417 crore. while Import from China in FY was whopping rs. 4,11,124 Crores.
![Export Import 2016-17](https://indianretailsector.com/news/wp-content/uploads/2017/07/ExportImport-326x206.jpg)
India’s Export to china in FY 2012-13 was Rs. 73,529 crores. which in year 2016-17 declined to rs. 68,417 crores. India’s total export in FY 2012-13 was Rs. 16,34,318 crores. it increased to Rs. 18,52,399 crores in FY 2016-17.
India’s export over previous year has increased by 7.92% in FY 2016-17. China’s export constituted only 3.69 % of total export bill.
![India china export in 5 years India china export in 5 years](https://indianretailsector.com/news/wp-content/uploads/2017/07/India-China-export-in-5-years-326x206.png)
India’s Import from china in year 2012-13 was rs. 2,84,384 crores. In FY 2016-17 It has been 4,11,124 Crores. India’s Total Import in FY 2012-13 was rs. 22,29,161 Crores. India’s total Import increased to rs. 25,77,421 in FY 2016-17.
![India china Import in 5 years.png](https://indianretailsector.com/news/wp-content/uploads/2017/07/India-china-Import-in-5-years-326x206.png)
India’s IMPORT over previous year has increased by 3.50% in FY 2016-17. Import from China constituted whopping 15.95 % of total export bill.
Total trade between India and China in 2012-13 was Rs. 3,57,914 Crores which increased to Rs. 4,79,542 in FY 2016-17. India’s total trade in FY 2012-13 was rs. 43,03,480 and it increased to rs. 44,29,761. India’s Total Trade has increased by 5.3 % over previous Financial year.
![India's trade balance with china](https://indianretailsector.com/news/wp-content/uploads/2017/07/Indias-trade-balance-with-china-326x206.png)
India is having negative trade balance with china since 2012-13, in 2012-13 it was Rs. -10,34,843 crores. In 2016-17 India’s trade balance with china is Rs. -7,25,081crores.
Values in Rs Lacs
S.No. | Year | 2012-2013 | 2013-2014 | 2014-2015 | 2015-2016 | 2016-2017 |
1 | EXPORT | 7,352,956 | 9,056,109 | 7,303,043 | 5,893,274 | 6,841,753 |
2 | %Growth | 23.16 | -19.36 | -19.30 | 16.09 | |
3 | India’s Total Export | 163,431,829 | 190,501,109 | 189,634,842 | 171,637,805 | 185,233,966 |
4 | %Growth | 16.56 | -0.45 | -9.49 | 7.92 | |
5 | %Share | 4.50 | 4.75 | 3.85 | 3.43 | 3.69 |
6 | IMPORT | 28,438,459 | 30,923,496 | 36,956,536 | 40,404,338 | 41,112,450 |
7 | %Growth | 8.74 | 19.51 | 9.33 | 1.75 | |
8 | India’s Total Import | 266,916,196 | 271,543,391 | 273,708,658 | 249,029,808 | 257,742,166 |
9 | %Growth | 1.73 | 0.80 | -9.02 | 3.50 | |
10 | %Share | 10.65 | 11.39 | 13.50 | 16.22 | 15.95 |
11 | TOTAL TRADE | 35,791,415 | 39,979,605 | 44,259,579 | 46,297,612 | 47,954,203 |
12 | %Growth | 11.70 | 10.71 | 4.60 | 3.58 | |
13 | India’s Total Trade | 430,348,025 | 462,044,500 | 463,343,500 | 420,667,613 | 442,976,132 |
14 | %Growth | 7.37 | 0.28 | -9.21 | 5.30 | |
15 | %Share | 8.32 | 8.65 | 9.55 | 11.01 | 10.83 |
16 | TRADE BALANCE | |||||
17 | India’s Trade Balance | -103,484,367 | -81,042,282 | -84,073,816 | -77,392,004 | -72,508,200 |
Note: Since 2006-07, Petroleum figures are being computed from Import Daily trade Returns (DTRs) to generate country-wise/port-wise tables. Up to 2005-06 consolidated petroleum import figures were being received from the Petroleum Ministry.
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