India’s exports to China jump 20% in first four months of FY26

New Delhi, Aug 23 (Punjab Express) — India’s exports to China grew 20 per cent year-on-year in the first four months of FY26, touching $5.76 billion (around Rs 50,112 crore), according to official data.

Each month from April to July 2025 recorded higher shipments compared to last year, despite global trade challenges. Exports peaked in May at $1.63 billion, up from $1.32 billion a year earlier, while April and June also posted strong growth. July exports rose to $1.35 billion from $1.06 billion last year.

The growth was driven by robust demand for petroleum products, electronics, chemicals, and gems and jewellery. Petroleum exports nearly doubled to $883 million, electronics rose over threefold to $521 million, while gems and jewellery shipments climbed 72.7 per cent.

Although India continues to face a large trade deficit with China — $99.2 billion in FY25 — the steady rise in exports signals strengthening competitiveness.

Earlier this month, External Affairs Minister S. Jaishankar and Chinese Foreign Minister Wang Yi held bilateral talks in New Delhi, described by the MEA as “positive, constructive, and forward-looking.”

— Punjab Express