economy

April 10, 2026

China overtakes US as India’s top trading partner

China has reclaimed the top spot in India’s trade rankings for FY2026 with $137 billion in bilateral trade, surpassing the US amid shifting global tariff landscapes

China overtakes US as India’s top trading partner

TL;DR

  • China is India's top trading partner for FY2026.
  • Bilateral trade between China and India amounted to $137 billion.
  • This shift surpasses the trade volume with the US.
  • The change in trade rankings is happening as global tariffs evolve.

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