Quick Answer: Can we export to China from India?

However, most of the process to export and import are same. Like overseas business India to any countries, export of goods to China from India is also simple. India’s main items of export to China include petroleum products, gems and jewellery, transport equipment, other raw materials and machinery.

What did India export to China?

India’s biggest exports to China are iron ore, cotton, and other raw material-based commodities. India imports mechanical and electrical machinery in large quantities, while imports of medical supplies have soared in the past two years.

Do I need a license to export to China?

Under the Export Administration Regulations (EAR) (15 C.F.R. Parts 730 – 774), a license is required to export, reexport, or transfer (in-country) certain controlled items to end users in China.

Which products does China import from India?

In 2020, India imported goods worth $58.71 billion from China. This makes China India’s top import partner. Major Chinese imports included consumer electronics, telecom instruments, computer hardware and peripherals, electrical equipment, fertilisers and chemicals.

What is India’s main export?

Exports The top exports of India are Refined Petroleum ($39.2B), Diamonds ($22.5B), Packaged Medicaments ($15.8B), Jewellery ($14.1B), and Cars ($7.15B), exporting mostly to United States ($55.3B), United Arab Emirates ($28.6B), China ($17.4B), Hong Kong ($11.5B), and Singapore ($9.53B).

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Is it hard to export to China?

Exporting to China is difficult for many reasons, including the following noted by the American Chamber: China’s sluggish economic growth: According to most recent data, China’s growth dipped down to 6.6% in 2018, its slowest in nearly 30 years. Inconsistent and generally unfavorable interpretation of regulations.

How do I become an exporter from China?

3.2 Different steps to get an export license

  1. Be recognised as an exporter by the Ministry of Commerce (MOFCOM),
  2. Register with the local foreign trade department to become a so-called Foreign Trade Company (FTC)
  3. Apply for an export license.

How much do we export to China?

U.S. goods exports to China in 2020 were $124.5 billion, up 16.9 percent ($18.0 billion) from 2019 and up 35 percent from 2010. U.S. exports to China are up 549.0 percent from 2001 (pre-WTO accession).

How can I sell my product to China?

How can I sell my product in China via Taobao / Tmall?

  1. Work on your Branding and reputation (branding is everything in China)
  2. Open Social Media account Weibo and wechat.
  3. Open Tmall Store – or Taobao store.
  4. Create long landing pages, with a lot of details.
  5. Collaborate with Chinese KOLs on Weibo, Taobao, Douyin.

What are the top 3 imports of the China?

Searchable List of China’s Most Valuable Import Products

Rank China’s Import Product 2020 Value (US$)
1 Integrated circuits/microassemblies $350,845,066,000
2 Crude oil $176,321,269,000
3 Iron ores, concentrates $118,944,291,000
4 Cars $44,923,331,000

Which country exports the most?

World’s 10 LARGEST Exporters

NO. COUNTRY YEARLY EXPORTS VALUE
1 CHINA $2.64 trillion
2 UNITED STATES $2.52 trillion
3 GERMANY $1.81 trillion
4 FRANCE $969 billion
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