NEW DELHI: India’s goods exports to China surged 20 per cent year-on-year in the first four months of Financial Year (FY) 26, touching $5.76 billion (about Rs 50, 112 crore), according to official data.
Each of the four months recorded higher outbound shipments compared to the same period last year, underscoring a steady upward trend despite global trade headwinds.
Exports peaked in May 2025 at $1.63 billion, up from $1.32 billion in the same month a year ago, marking the strongest monthly performance in the period.
In April, shipments rose to $1.39 billion from $1.25 billion a year earlier, while June exports grew 17 per cent year-on-year to $1.38 billion.
In July, India exported goods worth $1.35 billion, up from $1.06 billion in the corresponding month a year earlier.
The growth momentum highlights a gradual rebalancing of trade between the two Asian economies.
India has historically run a high trade deficit with China, which stood at $99.2 billion in FY25.
The April–June quarter of FY26 saw exports to China buoyed by strong demand across energy, electronics, and agri-based products.
Petroleum product exports nearly doubled to $883 million, while electronic goods surged over threefold to $521 million.
Exports of organic and inorganic chemicals climbed 16.3 per cent to $335.1 million, and gems and jewellery shipments rose sharply by 72.7 per cent.