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Indian exports to China see strong growth after US tariffs
Hindustan Times Punjab
|November 21, 2025
Indian exports to China reported strong and sustained double-digit annualized growth every month from April onwards that saw over 33% and 42% surge in September and October respectively, which came at a time when the US’ tariff on Indian goods fully came into effect, according to government data.
China emerged as India’s second fastest growing major export market after Spain during September and October— the months that saw the full impact of a 50% American levies.
The shift, experts said, marks a reorientation for exporters previously fixated on the lucrative US market.
India’s exports to China in October 2025 rose to $1.63 billion as compared to $1.14 billion in October 2024, a 42.35% jump.
Spain, however, saw a 43.43% annualized jump in October this year at $549.26 million exports.
This story is from the November 21, 2025 edition of Hindustan Times Punjab.
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