Comparative study of Indian and Chinese

International trade.

Table 4: China's Trade with the World ($ billion)

2000 2001 2002 2003 2004 2005

2006

2007

2008

2009

Expor 249.
ts
2

266.
1

325.
6

438.
2

593.
3

762.
0

969.
0

1,22
0.5

1,43
0.7

1,20
1.7

%
chan
ge

27.8

6.8

22.4

34.6

35.4

28.4

27.2

26.0

17.3

-16.0

Impo
rts

225.
1

243.
6

295.
2

412.
8

561.
2

660.
0

791.
5

956.
1

1,13
2.6

1,00
5.6

%
chan
ge

35.8

8.2

21.2

39.8

36.0

17.6

19.9

20.8

18.5

-11.2

Total

474.
3

509.
7

620.
8

851.
0

1,15
4.6

1,42
1.9

1,76
0.4

2,17
6.6

2,56
3.3

2,20
7.2

%
chan
ge

31.5

7.5

21.8

37.1

35.7

23.2

23.8

23.6

17.8

-13.9

Balan
ce

24.1

22.5

30.4

25.5

32.1

102.
0

177.
5

264.
3

298.
1

196.
1

Sources: PRC National Bureau of Statistics and PRC General Administration of

Rank

Country/region Volume

United States

298.3

% change over
2008
-10.6

Japan

228.9

-14.2

Hong Kong

174.9

-14.1

South Korea

156.2

-16.0

Taiwan

106.2

-17.8

Germany

105.7

-8.1

Australia

60.1

0.7

Malaysia

52.0

-3.0

Singapore

47.9

-8.8

10

India

43.4

-16.3

Rank

Country/region

Volume

United States

220.8

% change over
2008
-12.5

Hong Kong

166.2

-12.8

Japan

97.9

-15.7

South Korea

53.7

-27.4

Germany

49.9

-15.7

The Netherlands

36.7

-20.1

United Kingdom

31.3

-13.3

Singapore

30.1

-6.9

India

29.7

-6.1

10

Australia

20.6

-7.2

Rank

Country/region Volume

Japan

130.9

% change over
2008
-13.1

South Korea

102.6

-8.5

Taiwan

85.7

-17.0

United States

77.4

-4.8

Germany

55.8

0.0

Australia

39.4

5.4

Malaysia

32.3

0.7

Brazil

28.3

-5.3

Thailand

24.9

-3.0

10

Saudi Arabia

23.6

-23.9

Indias Merchandise Trade Turnover increased

from US$95 bn in FY02 to US$ 391 bn in FY08
(CAGR of 27.8%)
Indias Exportsincreased from US$44 bn in FY02
to US$ 163 bn in FY08 (CAGR of 24.5%)
Indias Importsincreased from US$ 51 bn to
US$ 251 bn (CAGR of 30.3%) Share in world
merchandise exports in 2007 1.04%; Rank-26th