Top India Trade Product Opportunities For China
India's greatest trade product losses to China during 2014 were for the products in the accompanying list. India racked up a $44.8 billion deficit in its trade with the People's Republic in 2014, up 13.7% from 2012.
Electronic equipment
The products below earned the greatest subcategory deficits for India versus China.
1. Phone system devices: -$8.6 billion
2. TV receivers/monitors/projectors: -$847.3 million
3. Solar diodes/semi-conductors: -$716.9 million
4. TV/radio/radar device parts: -$684.3 million
5. Electrical converters/power units: -$494.1 million
6. Unrecorded sound media: -$405.5 million
7. Integrated circuit/microassembly: -$378.3 million
8. Electric storage batteries: -$318.0 million
9. Insulated wire/cable: -$269.8 million
10. Microphones/headphone/amps: -$264.1 million
Machinery
The products below earned the greatest subcategory deficits for India versus China.
1. Computers, optical readers: -$2.8 billion
2. Computer parts, accessories: -$734.9 million
3. Air or vacuum pumps: -$494.7 million
4. Printing machinery: -$475.7 million
5. Ball, roller bearings: -$327.1 million
6. Air conditioners: -$314.9 million
7. Miscellaneous machinery: -$260.1 million
8. Machinery parts: -$234.1 million
9. Knitting/stitching machines: -$205.6 million
10. Refrigerators, freezers: -$178.2 million
Organic chemicals
The products below earned the greatest subcategory deficits for India versus China.
1. Antibiotics: -$811.4 million
2. Heterocyclics, nucleic acids: -$697.3 million
3. Amino-compounds (oxygen): -$514.6 million
4. Other organic compounds: -$505.5 million
5. Amine-function compounds: -$393.6 million
6. Carboxylic acids: -$277.8 million
7. Saturated acyclic mono acids: -$272.8 million
8. Polycarboxylic acids: -$257.9 million
9. Miscellaneous heterocyclics: -$236.2 million
10. Ketones, quinones: -$203.6 million
Fertilizers
The products below earned the greatest
subcategory deficits for India versus China.
1. Nitrogenous fertilizers: -$1.6 billion
2. Fertilizer mixes
(nitrogen/phosphorous/potassium): -$1.1 billion
3. Potassic fertilizers: -$29.7 million
4. Packaged fertilizers: -$4.9 million
5. Phosphatic fertilizers: -$83,000
Iron and steel
The products below earned the greatest
subcategory deficits for India versus China.
1. Flat-rolled alloy steel products: -$641.5 million
2. Coiled alloy steel bars, rods: -$320.2 million
3. Alloy steel bars, rods: -$245.1 million
4. Flat-rolled stainless steel: -$193.5 million
5. Flat-rolled stainless steel (thin): -$153.8 million
6. Flat-rolled plated/coated items: -$150.7 million
7. Hot-rolled iron/non-alloy steel: -$131.7 million
8. Cold-rolled iron/non-alloy steel: -$97.7 million
9. Iron or non-alloy steel wire: -$76.3 million
10. Alloy steel ingots: -$64.9 million
Iron or steel products
The products below earned the greatest
subcategory deficits for India versus China.
1. Iron or steel tubes, pipes: -$601.2 million
2. Screws, bolts, nuts, washers: -$119.1 million
3. Miscellaneous iron or steel items: -$109.3 million
4. Stranded wire, cables (uninsulated): -$92.3 million
5. Other iron or steel tubes, pipes: -$142.5 million
6. Pipe fittings: -$73.3 million
7. Miscellaneous structures: -$69.2 million
8. Tables, household items: -$35.6 million
9. Stoves, barbecues: -$21.0 million
10. Chains: -$20.6 million
Plastics
The products below earned the greatest subcategory deficits for India versus China.
1. Vinyl chloride polymers: -$381.8 million
2. Miscellaneous plastic items: -$248.7 million
3. Polyacetal/ether/carbonates: -$238.4 million
4. Plates, sheets, film, tape: -$123.2 million
5. Self-adhesive plastic in rolls: -$58.8 million
6. Packing goods, lids, caps: -$56.6 million
7. Plastic builders' items: -$54 million
8. Cellulose/chemical derivatives: -$51.9 million
9. Vinyl acetate polymers: -$51 million
10. Plates, sheets, film, tape: -$50.4 million
Ships, boats
The products below earned the greatest subcategory deficits for India versus China.
1. Light vessel/fire boat/floating dock: -$721.8 million
2. Tugboats, pusher craft: -$335.9 million
3. Cruise/cargo ships, barges: -$160.9 million
4. Breaker vessels: -$63.4 million
5. Rafts, other floating structures: -$563,000
6. Yachts, other pleasure/sports vessels: -$438,000
7. Warships, lifeboats: -$170,000
Gems, precious metals, coins
The products below earned the greatest subcategory deficits for India versus China.
1. Silver (unwrought): -$1.2 billion
2. Gold (unwrought): -$32.2 million
3. Precious stone dust, powder: -$18.3 million
4. Imitation jewelry: -$16.7 million
5. Synthetic precious stones: -$3.6 million
6. Pearls: -$2.1 million
7. Jewelry: -$701,000
8. Goldsmith/silversmith wares: -$547,000
9. Unstrung precious stones: -$334,000
10. Pearl/precious stone items: -$266,000
Medical, technical equipment
The products below earned the greatest
subcategory deficits for India versus China.
1. Liquid crystal/laser/optical tools: -$344.8 million
2. Electro-medical equip (e.g. xrays): -$129.8 million
3. Regulate/control instruments: -$94.4 million
4. Other measure/test machines: -$56.9 million
5. Physical/chemical analysis tools: -$56.4 million
6. Optical fiber cables/sheets/plates: -$52.4 million
7. X-ray equipment: -$38.1 million
8. Spectacles, goggles: -$34.8 million
9. Spectacle/goggle frame/mountings: -$34.5 million
10. Miscellaneous parts, accessories: -$27.9 million
Vehicles
The products below earned the greatest subcategory deficits for India versus China.
1. Motorcycle parts/accessories: -$493.1 million
2. Automobile parts/accessories: -$477.3 million
3. Trailers: -$18.9 million
4. Bicycles, non-motorized cycles: -$11.4 million
5. Automobile bodies: -$8.5 million
6. Wheelchairs: -$8.1 million
7. Baby carriages: -$5.2 million
8. Work trucks: -$2.2 million
9. Chassis fitted with engine: -$2 million
10. Cars: -$1.3 million
Fastest-Growing Indian Trade Product Deficits Versus China 2014
Data source: Trade Map, International Trade Centre, www.intracen.org/marketanalysis
