China has overtaken the US to emerge as India’s largest trading partner in 2025-26, with bilateral trade reaching $151.1 billion, while the country’s trade deficit with Beijing widened to $112.16 billion during the period.
New Delhi: India’s exports to China increased by 27 per cent in April, while imports from the neighbouring country rose 20.85 per cent, according to the government data.
While exports increased to $1.77 billion in April 2026 from $1.39 billion in April 2025, imports rose to $11.97 billion in April 2026 from $9.90 billion in the year-ago month, the data showed. The trade deficit stood at $10.2 billion as against $8.51 billion in April 2025.
China has overtaken the US to emerge as India’s largest trading partner in 2025-26, with bilateral trade reaching $151.1 billion, while the country’s trade deficit with Beijing widened to $112.16 billion during the period.
The US was India’s largest trading partner for four consecutive years till 2024-25.
India’s exports to the US grew 1.14 per cent to $8.47 billion during the month under review from $8.38 billion in April 2025. Imports from America, however, dipped 4.67 per cent year-on-year to $5.27 billion.
Significant jump in the country’s merchandise exports to Singapore, Tanzania, Hong Kong, Malaysia, Vietnam, Australia, Bangladesh have helped to clock 5-month high growth of 13.48 per cent in April.
Exports to Singapore jumped 179.18 per cent to $3.19 billion, to Tanzania by 157.63 per cent to $1.29 billion, and Sri Lanka by 214.65 per cent to $1.02 billion in April.
However, exports to the Netherlands and France registered negative growth last fiscal year.
On the other hand, imports from Russia, Japan, Korea, Singapore, Germany, Indonesia, Hong Kong, Thailand, and Switzerland.
Imports from Oman surged 246.42 per cent to $1.48 billion, 315.56 per cent from Peru to $1.26 billion.
India’s inbound shipments from Taiwan, Brazil, and Nigeria rose by over 100 per cent.
Source: https://www.deccanherald.com