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China's Rising Exports Deepen India's Trade Deficit in 2026 | India China Trade $144 Billion | UPSC India's trade deficit with China has crossed $105.93 BILLION in Jan-Sept 2026 despite India's exports jumping 40.7%! Why is India's trade deficit widening even when exports are growing? This is a major concern for Indian Economy & UPSC GS-3. As per latest data released by China's General Administration of Customs (GAC) on Oct 15, 2026: ✓ Total Bilateral Trade: $144.45 Billion (up 25.4%) ✓ China's Exports to India: $125.19 Billion (up 23.3% YoY) ✓ India's Exports to China: $19.26 Billion (up 40.7% YoY) - Record Growth! ✓ India's Trade Deficit: $105.93 Billion (up 20.7% YoY) - All-time high In FY 2025-26, total trade was $151.1 billion, and the deficit was $112.16 billion — the largest ever for any country. In 2026, it will cross $116 billion, set in 2025! In this video for UPSC Current Affairs 2026, we discuss: ✓ Why are China's exports rising? Electronics, Machinery, Chemicals, Solar Panels, EV Batteries ✓ Why are India's exports lower? Primary goods - Ores, Fuels, Seafood, Pharma ✓ What is a trade deficit? Causes & Impact on the Indian Economy & Rupee ✓ How does it affect Make in India, Atmanirbhar Bharat, PLI Scheme? ✓ What was discussed between PM Modi & Xi Jinping at the BRICS Summit on Trade Imbalance? ✓ Way forward - How to reduce dependence on China? Diversification & Domestic Manufacturing ✓ Important for UPSC Prelims (Trade Data) & Mains GS-2 (India-China Relations) & GS-3 (Economy) India is buying 6x more from China than it sells. For every $1 India earns from China, it spends $6.2 on Chinese imports. China has now overtaken the USA to become India's Largest Trading Partner in FY26! This topic is highly important for UPSC, State PSC, RBI Grade B, SSC CGL. Subscribe to Vajirao & Reddy Institute - India's Top Potential Training Institute for IAS. #IndiaChinaTrade #TradeDeficit #ChinaExports #IndianEconomy #UPSC2026 #CurrentAffairs2026 #TheHinduAnalysis #IndiaChinaRelations #BilateralTrade #MakeInIndia #AtmanirbharBharat #UPSC #VajiraoAndReddyInstitute #ChineseImports #TradeDeficitExplained India-China trade deficit 2026, China rising exports to India, India China trade $105 billion, why India trade deficit with China is widening, China largest trading partner of India, India exports to China 40% growth, India China bilateral trade data 2026, India China relations UPSC, trade deficit UPSC GS3, China overtakes US, India trade partner