India-China trade grows in size after Galwan Valley clash:Shipments to Beijing form bulk of Indian exports to main BRICS countries

India’s exports to China, South Africa, Brazil and Russia grew 34% to $19.9 billion or ₹1.89 lakh crore in April-August 2026-27, led by a 39% jump in shipments to China, highlighting the growing importance of the BRICS bloc for India’s export growth, said PTI. As India deepens its engagement with the BRICS bloc, strongest momentum is coming from the BRICS members, especially Core BRICS founding partners– China, South Africa, Brazil, and Russia. -PTI citing an official BRICS has 11 members BRICS, originally comprising Brazil, Russia, India, China and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia, with Indonesia joining in 2025. Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan and Vietnam became BRICS partner countries last year. India’s exports to 4 core BRICS economies grow 34% According to the commerce ministry data, exports to the four core BRICS economies grew by 34%, rising from $14.9 billion in April-August 2025-26 to $19.9 billion in April-August 2026-27. Among the core BRICS countries, China emerged as the largest contributor, with Indian exports expanding by 39% to reach $9.6 billion ₹91,200 crore in the first five months of 2026-27. India-China trade size grows 56% since Galwan Valley clash India’s merchandise trade with China reached ₹12,60,650 crore in financial year 2025-26 despite border tensions since June 2020. Data from the Commerce Ministry’s TRADESTAT and NIRYAT portals shows total six-year trade between both nations reached ₹66,01,265 crore. Bilateral trade between India and China has expanded over the last six financial years (FY2020-21 to FY2025-26). Following the border standoff in Galwan Valley in June 2020, economic exchange between the two countries continued to increase. Data from the Ministry of Commerce and Industry’s official databases—TRADESTAT and the NIRYAT portal (niryat.gov.in)—indicates that annual bilateral trade grew from ₹8,20,800 crore in FY21 to ₹12,60,650 crore in FY26. Over these six years, India imported goods worth ₹55,73,840 crore from China. In contrast, India exported goods worth ₹10,27,425 crore to China. This resulted in a cumulative trade deficit of ₹45,46,415 crore for India over six years. Trade deficit means the gap when a country buys more goods from another country than it sells to it.