India-China Trade Relations Shift: Exports Surge 33% Amid US Tariffs

• India's exports to China increased by 33% to $12.22 billion from April to November in the current financial year.
• This surge is a response to US tariffs, with India seeking new export destinations for products previously sent to America.
• Key export growth drivers include oil meal, marine products, telecom equipment, spices, and electronics like populated printed circuit boards.
• The increase reverses a previous decline and marks the highest export figures to China in the last four years.
• Despite increased exports, India's trade deficit with China remains high, reaching over $99 billion in FY2024-25, with projections to exceed $106 billion in 2025.

Why It Matters: India's exports to China are rapidly growing, driven by strategic shifts due to US tariffs, despite a widening trade deficit.