Indian Retail Sector

India and China : 5 years Import export analysis and Trade balance

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
Export Import 2016-17

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’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

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

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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