India, Aug. 22 -- India's merchandise exports to China have recorded a double-digit monthly growth thus far in 2025-26, cumulatively growing by 20% to $5.76 billion in the first four months of the financial year compared to $4.80 billion in the same period in 2024-25, driven by energy, electronics, and agricultural products, and raising hopes that this could help offset some of the losses arising from US tariffs.

India's exports to China in the first four months of 2025-26 have grown at an annualized rate of 19.97% compared to a 4.5% year-on-year contraction in the same period last year (April-July 2024), according to government data.

If this trend continues, India will witness a positive growth in exports to China this financial year (...