India-China trade deficit tops USD 105.93 billion in first nine months of the year

Key facts

• India's trade deficit with China crossed USD 100 billion in the first nine months of the year, widening to USD 105.93 billion, up 20.7 per cent year-on-year, per China's General Administration of Customs.
• Total bilateral trade between India and China rose 25.4 per cent to USD 144.45 billion between January and September.
• China's exports to India increased 23.3 per cent to USD 125.19 billion, while India's exports to China grew 40.7 per cent to USD 19.26 billion.
• China's exports to India are dominated by electronics, machinery and chemicals, while India's exports comprise ores, fuels, seafood and agricultural items.
• According to India's Commerce Ministry, bilateral trade reached USD 151.1 billion last year, with the trade deficit hitting an all-time high of USD 112.6 billion in 2025-26 against USD 99.2 billion in 2024-25.