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Figures released for 2010 showed that bilateral trade in 2010 reached $61.7 billion, with Chinese exports to India touching $40.8 billion.
This marked a 43 per cent jump in trade volume from last year, when the recession reduced two-way trade to $43 billion.
In 2008, China became India's largest trade partner with $51.8 billion in bilateral trade.
Let us take a look at top 10 imports from India to China and top 10 exports to India, based on data from the Directorate General of Commercial Intelligence and Statistics, Kolkata.
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1. Iron ore
Share of total export: 44.48 per cent
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2. Cotton raw, including waste
Share of total export: 9.57 per cent
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3. Other ores and minerals
Share of total export: 5.54 per cent
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4. Non-ferrous metals
Share of total export: 5.03 per cent
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5. Plastic and linoleum products
Share of total export: 3.82 per cent
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6. Gems and jewellery
Share of total export: 3.74 per cent
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7. Machinery and instruments
Share of total export: 2.91 per cent
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8. Ferro Alloys
Share of total export: 2.39 per cent
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9. Electronic goods
Share of total export: 2.15 per cent
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10. Marine products
Share of total export: 1.84 per cent
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11. Electronic goods
Share of total import: 30.78 per cent
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12. Machinery, except electronics
Share of total import: 14.71 per cent
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13. Organic chemicals
Share of total import: 7.63 per cent
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14. Project goods
Share of total import: 6.69 per cent
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15. Iron and steel
Share of total import: 4.15 per cent
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16. Other commodities
Share of total import: 4.10 per cent
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17. Electrical machinery
Share of total import: 3.69 per cent
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18. Transport equipment
Share of total import: 3.12 per cent
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19. Medicinal and pharma products
Share of total import: 2.35 per cent
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20. Textile, yarn and fabrics
Share of total import: 1.93 per cent