India's Imports From China Increased By 34.26% Year-To-Year In May 2022

06 July 2022

India's imports from China increased in the year 2022 for the month of May, as compared to the month of May in 2021. The total imports in India from China in 2021 amounted to $103.94 billion. The total imports totaled about $52.7 billion in the year 2022 so far, counting values from January to May. In 2020, China was the top importing country for India, with $70.9 billion worth of import value.

India’s Imports From China

India's imports from China as per the total value of imports (in share value) in 2021 are shown below. The top imports India has from China are—Electronics (34.1%), Industrial Machinery (21.2%), Organic Chemicals (12.7%), Plastics (4.7%), Optical & Medical Instruments (2.7%), Fertilizers (2.5%), Vehicles and Their Parts (1.7%), Miscellaneous Chemical Products (1.6%), Articles of Iron and Steel (1.6%), and Iron and Steel (1.2%).

India imports from China for quarterly trends are shown below, consisting of a tie range following 2021 to 2022. The first quarter of 2021 amounted to $23.1 billion, followed by $23.7 billion in Q2-2021.

In the following quarters from the second quarter of 2021, values are frequently increasing till the year’s end. However, the first quarter of 2022 amounted to $32.5 billion and the next quarter showing $20.1 billion, till the month of May, as per the availability.

Imports Increase In 2022

The following table shows a year-on-year comparison between the values of years 2021 and 2022, for a total time period of 5 months (January to May). In both the years, the import values are frequently fluctuating throughout the selected time period. While the total value of imports in 2021 amounted to $39.26 billion, in 2022, the total value amounts to $52.71 billion. This shows an increase of $13.44 billion (34.26%) in 2022.

In 2022, the top imports in India from China for the time period following the month of January to May are - PV Cells ($3 billion), Electronic Integrated Circuits ($2.9 billion), Data-Processing Machines ($2.6 billion), Telephone & Mobile Phone’s Parts ($2.3 billion), and glass articles ($1.1 billion). Check the full list of top imported commodities in India from China for 2022 so far below.

Imports in India from China increased in the year 2022 for the month of May as compared to the same period in the previous year. The top imported commodity in India from China for 2022 so far is photovoltaic cells or solar cells created in modules or panels.