12-Jan-2024
Key Takeaways:
As we know, China is the world leader in mass production and low-cost exports. Also, China has recently risen to the top of the global consumer goods production rankings. For the enterprising business owner, the ability to buy and resell Chinese manufactured goods might result in a significant profit. According to China imports exports data, Chinese exports were over 216.7 billion US dollars in February 2023. However, China has also been the strongest trade nation since 2013. Today, in this blog, we will discuss the top importing items from China, India import data on import from China to India, including the key 10 steps, market insights, and major opportunities for traders.
Let’s discuss how to Import profitable items from China.
Did you know that? Importing items from China can be a lucrative opportunity for businesses that are involved in the import and export business. China is becoming more powerful day by day, and the reasons behind this are the growing opportunities, large infrastructure, growing employment opportunities, and, last but not least, GDP.
Several countries are involved in trade with China, and India is at the top of them. While India is considering the “Aatma Nirbhar Bharat," India is still reliant on the import of goods from China.
Meanwhile, there are several popular items imported from China, like toys, plastic items, fertilizers, vehicles, etc. Affordability is an important element when importing items or manufacturing components created in China, but it is critical to conduct research before commencing this plan.
When businesses decide to import goods from China to India, they usually do so in large quantities, which can create concerns. Chinese manufacturers, on the other hand, have massive facilities that are well-equipped and used to produce large amounts of goods quickly.
Special Note: "If we start to focus on ourselves instead of on our customers, that will be the beginning of the end," he added. "We have to try and delay that day for as long as possible," Jeff Bezos said.
According to Indian import data, during 2023-24, India imports from China surpassed $101 billion, a notable rise from around $70 billion in 2018-19.
Over the last 15 years, the share of the import goods from China to India has increased from 21% to 30%, as per India import data. The report indicates that imports from China are likely to see a significant surge in the coming years.
Additionally, the imports from China to India have grown 2.3 times faster than the overall imports of India during this timeframe.
Notably, China stands out as the leading supplier in four major industrial sectors, including machinery, chemicals, pharmaceuticals, and textiles. This counters the widespread notion that Chinese imports are predominantly limited to the electronics sector.
It’s high time to delve into import duty from China to India!
For formal entries (products costing more than $2,500), the import duty from China to India is 0.3464% of the item's value. At the government's discretion, certain commodities may be exempt from this tax, and the amount may differ based on the commodity.
One kind of tax imposed by a country's customs authority on imports and certain exports is import duty. Other names for it include import tax, import tariff, customs charge, and tariff.
Other import charges from China to India include Basic Customs Duty (BCD), Integrated Goods and Services Tax (IGST), Social Welfare Surcharge, and Customs Handling Fee.
India imported goods from China totaling $56.29 billion in the first half of fiscal year 2024–2025. The Global Trade Research Initiative (GTRI) reported that compared to approximately $70 billion in 2018–19, India’s imports from China grew to $101 billion in 2023–24.
Let’s explore the table for import items from China!
Here is the list of top products imported from China to India.
|
Rank |
Top Importing Items from China |
2022 Value (USD Billion) |
|
1 |
Electronic and Electrical Equipment |
30.63 |
|
2 |
Organic Chemicals |
12.57 |
|
3 |
Machines, nuclear reactors, and boilers |
10.24 |
|
4 |
Iron and Steel |
8.76 |
|
5 |
Medical and Optical Instruments |
6.45 |
|
6 |
Plastics and Plastic Articles |
5.83 |
|
7 |
Fertilizers |
5.72 |
|
8 |
Vehicles (excluding railways or tramways) |
5.48 |
|
9 |
Furniture and Bedding, Mattresses, Mattress Supports |
3.82 |
|
10 |
Textiles and Textile Articles |
3.71 |
|
11 |
Articles of Rubber and Plastic |
3.34 |
|
12 |
Paper and Paperboard |
2.98 |
|
13 |
Mineral Products |
2.84 |
|
14 |
Toys, Games, and Sporting Goods |
2.71 |
|
15 |
Footwear |
2.64 |
|
16 |
Mobile Phone Accessories |
100 |
|
17 |
Fashion/Clothing/Shoes/Bags |
159 |
|
18 |
Security Cameras |
4.01 |
|
19 |
Drones |
1.5 |
|
20 |
Kitchenware |
3.5 |
So, these are the most imported items from China, or importing stuff from China. If you need the top 50 products imported from China to India or toys imported from China, connect with the ExportImportData platform and analyze the China imports and exports data accurately.
Now, let’s discuss the top importing items from China in detail!
China has become the go-to location for firms looking to source products, thanks to its diverse product offering and reputation for providing high-quality goods at cheap pricing. According to India import data, these are the top import items from China to India.
For several years, Indian importers have reported high demand for electronic appliances such as cell phones and LED lights. However, China is well-known for its consumer electronics and high-tech gadget production capabilities. Because of the wide market, the importer can expect to make a reasonable profit. Shenzhen, China, is the place to go if you want to buy durable electronics. So, electronic appliances are considered the major import items from China to India.
China is a hotspot for exquisitely crafted home decor and furniture. Importing contemporary furniture and unusual home accessories might help meet the growing need for stylish home design. People are constantly striving to make their homes and workspaces more beautiful and fantastic. That is why you can include ornamental products such as furniture, bedding, tableware, and so on in your next importing items from China to India.
Beaded jewelry is popular, yet many people need to be made aware that the majority of genuine gemstone beads originate in China. Guangzhou is the most professional bead manufacturing base. Guangdong manufactures not just gemstone beads but also crystal beads, glass beads, pearl beads, wooden beads, shell beads, acrylic beads, lampwork beads, Hama beads, and metal beads.
Also Read: How to Import Gold Products from UAE to India?
In an era where smartphones have become an essential part of our everyday lives, the demand for mobile phone accessories has undoubtedly increased. The market for these products is thriving, from fashion-forward phone cases to long-lasting chargers, clever wireless headphones, and sturdy screen protectors.
Also Read: How to Export iPhone from India?
In an increasingly security-conscious society, the demand for dependable surveillance systems and security cameras has risen dramatically, particularly in the home/domestic sector. When it comes to procuring these devices, China has emerged as a global leader in the manufacture of high-quality, low-cost security cameras. In 2022, the security market generated US$4.01 billion in revenue. Revenue is estimated to grow at 14.08% annually (2022-2027), with a projected market volume of US$8.13 billion by 2027. So, based on India import data, these are the major import items from China.
This raises the question of how to import items from China to India.
How do you import goods from China to India? It might be difficult for importers to understand the complete shipping process, laws, what to import, and much more. Here's a step-by-step guide from our perspective as an import agent from China to India who has been helping exporters in China and importers globally for many years.
Let's look at how to import from China to India and insights into the most profitable items to import from China to India
The initial step in becoming a commodity importer is to determine whether you have the legal authority to import goods from China to India. The country of landing for your exported Chinese goods may place rules on particular things, so it's important to understand what restrictions may apply.
If you are unable to set it off, you may always use Google ExportImportData. This could be an excellent place to start. Explore the market insights where you can obtain a reliable list of China export products.
Once you've decided on a product, develop a list of Chinese suppliers who can source it for you. This is where you get your stuff from China. Exporters will often look for international partners on trade websites and internet forums. Certain online sourcing directories are accessible.
You'll need to comprehend at least the fundamentals of the import from China to India. Please don't rush in and start buying things, trying to sell them by crossing your fingers. You will waste money and time and bring yourself a lot of stress.
Expert Tip: Exploring market insights directly from a market research platform is the best option; there may be reasons why our client prefers an online platform. If you are looking for India import data or Chinese importers in India, we recommend you schedule a free demo with us.
Now that you know the price and have identified possible Chinese suppliers, the next critical step is to determine the landing cost. A feasibility analysis is the most significant factor in determining a firm's profitability.
The landed cost is calculated by adding the price of the product, the cost of transportation, the duties and taxes, and any additional charges incurred to ensure that they can be imported. We only require the following information before you arrange your import from China to India:
Reliable export import data is useful for traders engaged in the export-import business. To obtain real-time China import data, please visit the ExportImportData.in portal. We supply the most legitimate and genuine Import Export Data worldwide, search HS codes, etc. It is simple to import from any place in the world, especially China. You will grasp the full process the first time you import and encounter difficulties.
Recent Blog: Commercial Vehicle Spare Parts Export Data From India - A Complete Overview
Now, let's explore the list of importers in India from China!
Here is the list of importers in India from China:
So, all these Chinese importers in India import goods from China to India in large quantities. Additionally, for more information on the most profitable items to import from China to India or the best website to import from China to India, connect with us at Exportimportdata.in.
For the import of Chinese products to India, you must understand the processes required to ensure not just the success of your business but also its long-term viability, assuming you follow the correct protocols.
Understanding the Chinese procurement procedure can be well worth your time. It can assist you in making prudent investments and, ultimately, keeping your sales strong, all while developing positive connections with your suppliers. So, if you have any specific questions about how to import from China to India, import stuff from China, China imports and exports or import export data from China, our highly qualified personnel have years of experience in data analytics. Please speak with our expert now and schedule a live demo!
Import items from china to India: Electronic and Electrical Equipment
Import items from china to India: Fertilizers
Import items from china to India: Vehicles
Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
This is determined by your destination country and whether you are importing items from China for personal or commercial purposes. This is a general guide: USA: You can import goods worth less than $800 duty-free (de minimis rule). However, gifts in excess of $100 may still be subject to taxes. UK: Personal imports of up to £390 are duty-free. Canada: Canada's duty-free limit for personal imports is $1,500 CAD. India: Items worth up to INR 15,000 are exempt from customs duty, only if the product is for personal use.
China limits or prohibits the import of certain items to India to preserve its economy, the environment, and public health. Examples include: Products which breach intellectual property rights Hazardous Materials Endangered species and its goods Foods that require specific licences. Weapons and firearms,
There are several points to consider before importing items from China Product research: Product research involves selecting credible suppliers and verifying product quality and certifications. Import regulations: Understand your target country's import charges, taxes, and licencing requirements. Payment Procedures: Secure payment procedures, such as letters of credit, are suggested for business imports. Logistics: Determine shipment costs and lead times, then select reputable goods forwarders. Documentation: Create invoices, packing lists, and any relevant permissions or certificates
A door-to-door import from China will take 35-40 days by sea freight and up to 10 days by air freight. If you import via air freight, the fee is computed based on the weight of your shipment. The price of sea freight is computed based on volume (cubic metres).
Personal parcels are normally delivered in 1-2 weeks via airmail, whereas surface mail can take 6-8 weeks. Courier services provide speedier possibilities but are more expensive.
The top 10 products imported from China to India: electronics and equipment, organic chemicals, machines, nuclear reactors and boilers, iron and steel, and medical and optical instruments. To find out the top 50 products imported from China to India, you can explore our data-driven platform and analyze the top imports from China to India or the most imported items from China.
