While the United States continues to be the main export destination in India, China continues to be the main source of important Indians. This marked an increase of 11.5% of more than $ 101.74 billion in imports from China during fiscal year.
Meanwhile, India exports to China fell 14.5% during the 2010 financial year to $ 14.25 billion, compared to $ 16.67 billion in 2000. This led India trade deficit with China to a record of $ 99.2 billion for the last financial year.
The data is significant on two charges. Firstly, India hopes for a competitive advantage with regard to China with regard to exports to the United States after the withdrawal of reciprocal rates. The United States has already taken 245% reprisal rates from China while the trade war between the two countries is intensifying while US President Donald Trump has put reciprocal prices on other countries on a 90-day break.
Second, India is already concerned about a possible spill of goods from China, Vietnam and Indonesia due to reciprocal trade tensions and the rise in American costs. An interdepartmental committee for monitoring import overvoltages has been set up with the representation of the Ministry of Trade, the General Directorate of Foreign Trade, the Central Council for Indirect Taxes and Customs and the Ministry of Trade in Industry and Internal Trade Trade.
Experts note that the amazing trade deficit with China is a concern. “The record gap reflects deeper structural dependencies, and not only commercial imbalances. Imports increased by 11.5% driven by the increase in electronics demand, EV batteries, solar cells and the main industrial inputs – sectors where China dominates India supply chains, “said Ajay Srivastava, founder, Global Trade Research Initiative.
China is the best supplier in India in the eight major categories of industrial products. PLU diets fuel imports due to their high dependence on imported components, he noted, adding that India must repair its internal manufacturing gaps and invest in deep industrial capacities.
In March 2025, India imports from China increased by 25% to 9.67 billion, while exports decreased 2.99% to $ 1.51 billion.
Meanwhile, India exports to the United States during the 2010 financial year were $ 86.51 billion against $ 77.52 billion in practice 24. Before the deduction of reciprocal prices of April 9, India exports to the United States in March 2025 jumped 35% to $ 10.14 billion against $ 7.5 billion in FY4.
The exports of global goods from India during the 2010 financial year was almost stable, recording growth of 0.08% to reach $ 437.42 billion, against 437.07 billion dollars in financial year 24. Imports of goods in 2010 were $ 720.24 billion, against $ 678.21 24.
