India's exports to China hit four-year high, surge 33% in April–November

India’s exports to China have hit a four-year high of $12.22 billion during April–November 2025–26, signalling a structural shift in the bilateral trade relationship between the two countries. Shipments to China during the period rose 33 per cent, according to data from the commerce ministry.

The sharp rise marks the highest level of exports to China in the past four years. During April–November 2022–23, India’s exports to China stood at $9.89 billion, while in 2023–24 they were around $10.28 billion.

Export growth was driven by strong gains across electronics, agriculture, marine products, and base metals, suggesting that India’s expansion into the Chinese market is broad-based rather than concentrated in a single sector.

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In electronics, exports of populated printed circuit boards jumped from $23.9 million to $922.4 million, while flat-panel display modules and other telephony equipment also recorded sharp growth.
Agricultural and marine shipments included dried chillies, green gram, oil-cake residues, black tiger shrimp, and Vannamei shrimp, while exports of aluminum and refined copper billets also contributed significantly to the overall increase.

“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.

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As the United States has imposed higher tariffs on Indian goods, the government is stepping up efforts to diversify export markets, as elevated duties are making Indian shipments less competitive in the US.

According to the SBI Ecowrap report, India’s exports to several countries—including the UAE, China, Vietnam, Japan, Hong Kong, Bangladesh, and Nigeria—have recorded an uptick in recent months. To diversify exports more aggressively, the government has signed free trade agreements (FTAs) with New Zealand, Oman, and the United Kingdom.

Also, reportedly India is preparing to ease restrictions on Chinese firms bidding for government contracts, signalling an improvement in bilateral ties as border tensions ease. The curbs, imposed in 2020, had effectively kept Chinese companies out of public procurement worth up to $750 billion. Officials are now working to remove mandatory registration requirements, with the final decision to be taken by the Prime Minister’s Office.