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Recent Current Affairs related to Trade

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20 April 2026 ECONOMY

According to the government data, China has emerged as the largest trading partner of India for FY26, with total bilateral trade reaching $151.1 billion. The country has replaced the USA, which served as the primary trading partner of India for four consecutive years until FY25.

The trade deficit between India and China widened to $112.16 billion. During this period, the exports of India to China increased by 36.66% to $19.47 billion, while imports from China grew by 16% to $131.63 billion.

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