India-China trade jumps 29% to $91.76 billion, overtakes US in first half of FY27

India’s bilateral trade with China rose significantly in the first half of the financial year. Trade with the US also increased, although the surplus narrowed. Exports to various countries, including Singapore and Tanzania, showed substantial growth. However, imports from some nations declined during this period. Overall, projections for India’s merchandise exports remain optimistic as growth trends continue.