New Delhi, Dec. 19 -- India's trade deficit with China is expected to widen further, even as exports to the neighbouring country have shown sharp but volatile spikes this year, according to a study by the Global Trade Research Initiative (GTRI).
The report notes that India's exports to China surged nearly 90 per cent year-on-year in November 2025 to USD 2.2 billion, largely driven by a narrow set of products rather than broad-based growth. For April-November 2025, exports rose 33 per cent to USD 12.2 billion. However, the gains were concentrated mainly in naphtha and a few atypical electronics items, underscoring the fragility of India's export performance.
Naphtha emerged as the single largest contributor, with exports jumping more tha...
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