Although India’s exports to China increased by 40.7 percent, it has been found that India’s trade deficit with that country exceeded Rs. 9.5 lakh crore (100 billion dollars) in the first 9 months of the current year.
This was revealed by data released on Wednesday by China’s General Administration of Customs. It further stated that bilateral trade between China and India increased by 25.4 percent, or Rs. 13.7 lakh crore (144.45 billion dollars), during the period from January to September.
China’s exports to India have increased to Rs. 11.9 lakh crore ($125.19 billion). This is 23.3 percent higher compared with the same period last year.
Similarly, India’s exports to China have also increased by 40.7 percent. That is, they have risen by Rs. 1.8 lakh crore ($19.26 billion).
In this way, India’s trade deficit with China over the past 9 months has crossed Rs. 9.5 lakh crore.
China mainly exports electronic goods, machinery, and chemicals to India. As for India, it has been reported that it exports minerals, fuels, seafood, and agricultural products to China.
China’s trade data is calculated based on bilateral trade from January to December each year. At the same time, in India, it is calculated based on the financial year from April to March.
Accordingly, data released by the Ministry of Commerce shows that the bilateral trade value between India and China reached Rs. 14.3 lakh crore ($151.1 billion) last year. India’s exports to China in the last financial year increased by 36.66 percent to Rs. 1.85 lakh crore ($19.47 billion).
Imports rose by 16 percent to Rs. 12.5 lakh crore. India’s trade deficit with China, which stood at Rs. 9.4 lakh crore ($99.2 billion) in 2024-25, increased to Rs. 10.7 lakh crore ($112.6 billion) in 2025-26, it was stated.
India has been continuously urging China to open up market opportunities in sectors where India is strong, including information technology, pharmaceutical manufacturing, and agriculture. It was also stated that this has now yielded some limited results.