India’s Merchandise Trade Reaches Record Levels Amid Strong Domestic Demand
India's merchandise trade exceeded USD 1.2 trillion in 2025, with exports remaining resilient and imports continuing to expand through 2026
India's merchandise trade exceeded USD 1.2 trillion in 2025, with exports remaining resilient and imports continuing to expand through 2026
Exports continue to expand, imports are recovering and total trade remains near record highs
China is the only economy with scale across every major equipment category, making it central to global mining supply chains
China is the world’s dominant EV market, and surging exports and diversifying overseas sales are extending its reach across global markets
China’s share of Africa’s trade has expanded sharply since 2001, with imports from China now matching Europe’s share
Exports have grown steadily since 2015, but minerals, fuels and metals still dominate, while five countries account for half of the total
Asia’s share of global GDP and exports expanded sharply to 2025, bringing the region’s influence closer to its demographic scale.
Rapid growth in batteries, EVs and solar technologies is reinforcing China’s position at the centre of global clean energy supply chains.
The U.S. is growing mine output, but no producer yet challenges China’s export and refining leverage.
Exports have doubled over the past decade as electronics manufacturing hubs and resource-exporting economies drive ASEAN’s trade expansion.