Economy News

India–China Trade Deficit 2026

October 16 , 2026 15 hrs 0 min 15 0

India’s trade deficit with China crossed US$105.93 billion during January–September 2026, despite a 40.7% rise in Indian exports.
Bilateral trade between India and China increased by 25.4% to US$144.45 billion during January–September 2026.
India’s exports to China reached US$19.26 billion, while imports from China rose by 23.3% to US$125.19 billion.
India’s major exports to China include seafood products, naphtha and printed circuit boards.
China’s export controls on products such as fertilisers and rare earths have also raised concerns for India.
India’s trade deficit with China was US$116.12 billion in 2025.