Data · Updated quarterly

China–India Trade Pulse

Imports into India from China were US$42.31bn in Q2 2026, up 20.0% on the same quarter of 2025. A quarterly read of India's official trade statistics for imports from China, as reported to the UN Comtrade database, in US dollars, published by Cambridge China Bridge. It updates when UN Comtrade publishes a new quarter.

Q2 2026, compared with Q2 2025

Imports from China
US$42.31bn
Change on a year earlier
+20.0%
Product chapters traded
94

Data brief: Q2 2026

Imports into India from China were US$42.31bn in Q2 2026, up 20.0% (US$7.07bn) on Q2 2025.

Top 3 rising headings

  1. Iron or non-alloy steel (HS 7208): US$194m, up 458.6% from US$35m
  2. Fertilizers (HS 3102): US$206m, up 389.2% from US$42m
  3. Cyclic hydrocarbons (HS 2902): US$418m, up 353.8% from US$92m

Top 3 falling headings

  1. Silver (including silver plated with gold or platinum) (HS 7106): US$50m, down 90.1% from US$503m
  2. Fertilizers (HS 3105): US$37m, down 69.2% from US$120m
  3. Light-vessels, fire-floats, dredgers, floating cranes, other vessels (HS 8905): US$23m, down 65.8% from US$66m
Change on Q2 2025, top 3 rising and falling headings
  • Iron or non-alloy steel+458.6%
  • Fertilizers+389.2%
  • Cyclic hydrocarbons+353.8%
  • Silver (including silver plated with gold or platinum)−90.1%
  • Fertilizers−69.2%
  • Light-vessels, fire-floats, dredgers, floating cranes, other vessels−65.8%

Headings (HS4) worth at least US$10m in both quarters.

Among these six headings, value per kg runs from US$0.30 for Fertilizers to US$1,993 for Silver (including silver plated with gold or platinum). Why US$ per kg matters →

Cite as: Cambridge China Bridge, "China–India Trade Pulse", Q2 2026, https://camchinabridge.co.uk/china-trade-pulse/india/briefs/2026-q2/. Source: UN Comtrade Database; quarterly totals, changes and value per kg calculated by Cambridge China Bridge. Open data:https://github.com/bonoxu/camchinabridge-open-data

Read and cite the Q2 2026 brief →

What stands out

  • Imports into India from China were US$42.31bn in Q2 2026, up 20.0% on the same quarter of 2025.
  • That is the highest Q2 total since the series starts in 2019.
  • Electrical machinery and equipment and parts thereof was the largest chapter at US$17.12bn.
  • The fastest-rising large heading was Iron or non-alloy steel, up 458.6% to US$194m.
  • The steepest fall was Silver (including silver plated with gold or platinum), down 90.1% to US$50m.
  • Among the largest chapters, value per kg runs from US$0.87 for Iron and steel to US$7.14 for Vehicles.

How to read this

  • Figures are imports from China as recorded by the importing country's customs: for the United States as published by the US Census Bureau, for the other countries as reported to the UN Comtrade database. All values are in US dollars.
  • China means mainland China. Goods shipped from Hong Kong, Macau or a third country, or assembled there, count under those places, so the figures show direct trade, not every product made in China.
  • Each quarter is the sum of three published months and is compared with the same quarter a year earlier, so seasonal patterns (Chinese New Year, the run-up to Christmas) do not show as rises or falls.
  • A heading only counts as a mover when it was large in both quarters; the threshold is stated under each table.
  • Value per kg is value divided by weight. It is shown only where weighed shipments carry at least 90% of a line's value, ranks products, and is not a freight rate.

Every quarter since 2019

Across 2025 as a whole, imports into India from China were US$149.36bn, up 15.9% on 2024 and up 120.0% on 2019.

YearQ1Q2Q3Q4Full year
2019US$16.32bnUS$17.14bnUS$18.88bnUS$15.55bnUS$67.90bn
2020US$13.24bnUS$10.97bnUS$16.23bnUS$17.90bnUS$58.34bn
2021US$19.75bnUS$20.56bnUS$21.65bnUS$25.25bnUS$87.22bn
2022US$26.49bnUS$24.18bnUS$28.02bnUS$23.40bnUS$102.09bn
2023US$26.99bnUS$28.58bnUS$34.00bnUS$32.10bnUS$121.68bn
2024US$30.03bnUS$29.12bnUS$36.05bnUS$33.64bnUS$128.83bn
2025US$34.82bnUS$35.25bnUS$39.97bnUS$39.33bnUS$149.36bn
2026US$40.59bnUS$42.31bn–––

Quarterly totals on the same basis as the headline figure. A full-year total appears once all four quarters are published.

The largest product chapters

CodeProductValueChangeUS$ per kg
85Electrical machinery and equipment and parts thereofUS$17.12bn+24.1%–
84Machinery and mechanical appliances, boilers, nuclear reactorsUS$8.22bn+8.4%–
29Organic chemicalsUS$4.12bn+41.1%US$2.16
39Plastics and articles thereofUS$2.44bn+33.0%US$1.16
90Optical, photographic, cinematographic, measuring, checking, medical…US$908m+20.4%–
87VehiclesUS$843m+30.5%US$7.14
38Chemical products n.e.c.US$743m+22.1%US$2.36
73Iron or steel articlesUS$664m+12.0%US$2.02
72Iron and steelUS$578m+39.7%US$0.87
28Inorganic chemicalsUS$533m+45.7%US$0.95
70Glass and glasswareUS$520m+57.9%US$1.56
76Aluminium and articles thereofUS$510m−1.3%US$4.39

Fastest-rising headings

CodeProductValueChange
7208Iron or non-alloy steelUS$194m+458.6%
3102FertilizersUS$206m+389.2%
2902Cyclic hydrocarbonsUS$418m+353.8%
3902Polymers of propylene or of other olefins, in primary formsUS$263m+278.5%
3901Polymers of ethylene, in primary formsUS$81m+265.4%
2905Acyclic alcohols and their halogenated, sulphonated, nitrated or…US$212m+251.4%
8209ToolsUS$64m+174.3%
7104StonesUS$158m+163.5%

Steepest falls

CodeProductValueChange
7106Silver (including silver plated with gold or platinum)US$50m−90.1%
3105FertilizersUS$37m−69.2%
8905Light-vessels, fire-floats, dredgers, floating cranes, other vesselsUS$23m−65.8%
6005FabricsUS$22m−59.9%
6006FabricsUS$31m−55.2%
8901Cruise ships, excursion boats, ferry-boats, cargo ships, barges and…US$39m−54.9%
8545Carbon electrodes, carbon brushes, lamp carbons, battery carbons and…US$16m−54.0%
7210Iron or non-alloy steelUS$29m−53.9%

Headings (HS4) worth at least US$10m in both quarters.

Why US$ per kg matters

Freight is charged on space, so low-value, bulky goods are hard to bring in by part-container load without the landed cost rising sharply, while high-value, dense goods absorb freight easily. Value per kilogram is a quick way to see which of the goods India imports from China suit small trial orders and which reward full containers. A dash means the source gives too little weight data for that line.

Other countries

Method and sources

  • Source: United Nations, UN Comtrade Database, monthly commodity trade (HS): reporter India, partner China, imports, through the UN Comtrade API. Totals across all customs procedures and transport modes.
  • Values are UN Comtrade's primary value for imports, in US dollars as UN Comtrade publishes them (converted from the reporter's own currency by the United Nations). Quarterly totals, changes on a year earlier, rankings and value per kg are calculated by Cambridge China Bridge from the monthly figures. Chapters 98 and 99, reserved for national use, are excluded.
  • Value per kg divides value by net weight, summed from the six-digit subheadings that carry a weight. It is shown only where those subheadings carry at least 90% of the line's value; some countries report few weights, so their pages show more dashes.
  • Countries report to UN Comtrade some weeks or months after each month ends and may revise their figures; the page is rebuilt monthly and always shows the latest figures published.

UN Comtrade Database

Source: United Nations, UN Comtrade Database (cited as "UN Comtrade"). The figures on this page are quarterly totals, changes and rankings calculated from UN Comtrade's monthly data by Cambridge China Bridge; they are not endorsed by the United Nations. Journalists and researchers may quote them with a link to this page.

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Cite as: Cambridge China Bridge, "China–India Trade Pulse", Q2 2026, https://camchinabridge.co.uk/china-trade-pulse/india/. Source: UN Comtrade Database; quarterly totals, changes and value per kg calculated by Cambridge China Bridge.

See also

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