The data is signalling a structural shift in the bilateral trade relationship. The export increase was driven by products such as oil meals, marine products, telecom instruments and spices, the data showed
PM Narendra Modi with Chinese President Xi Jinping. FILE PIC/X@narendramodi
China is gradually emerging as a major export destination for India, with shipments rising 33 per cent to $12.22 billion during April-November of the current fiscal, according to commerce ministry data.
The data is signalling a structural shift in the bilateral trade relationship. The export increase was driven by products such as oil meals, marine products, telecom instruments and spices, the data showed.
During April-November 2024-25, India exported goods worth $9.2 billion. It was $9.89 billion in Apr-Nov 2022-23, and $10.28 billion in 2023-24.
The sharp jump to $12.22 billion in 2025-26 not only reverses last year's decline but also marks the highest level in the past four years, the data showed.
“This spread across electronic goods, agriculture and base metals, indicates that the export surge is not narrowly concentrated but reflects a broader structural expansion of India's exports to China,” an official said.
An exporter said that Indian industry is exploring opportunities in different markets as high tariffs in the US are making it difficult for them to ship goods at competitive rates in America.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
