India’s goods exports to China rose 20% year on year in the first four months of FY26, reaching $5.76 billion (around Rs 50,112 crore), according to official data.
Each month — April through July — recorded higher shipments than the previous year, indicating a steady upward trend despite global trade challenges.
Exports peaked in May at $1.63 billion, followed by $1.39 billion in April, $1.38 billion in June, and $1.35 billion in July, highlighting a gradual rebalancing of trade between the two economies.
The April–June quarter saw strong demand for energy, electronics and agri-based products. Petroleum exports nearly doubled to $883 million, electronics surged over threefold to $521 million, and chemical exports grew 16.3% to $335.1 million.
Gems and jewellery shipments rose sharply by 72.7%, reflecting India’s growing export competitiveness.
Imports from China continued to include pharmaceuticals, semiconductors, machinery and electronics.
Recent bilateral talks between Chinese Foreign Minister Wang Yi and EAM S. Jaishankar in New Delhi were described as “positive, constructive and forward-looking,” reinforcing cooperative economic and diplomatic ties.