India’s Exports to China Surge 33%, Electronics Lead Four-Year High Amid Trade Realignment

India’s exports to China rose 33 percent to $12.22 billion in April–November 2024-25, the strongest in four years, driven by electronics, agriculture, marine products, and base metals. Populated printed circuit board exports jumped from $23.9 million to $922.4 million. November exports surged 90 percent year-on-year to $2.2 billion, even as the trade deficit heads toward $106 billion in 2025.