🚨China and Russia account for nearly 64% of India’s $177.64 billion trade deficit.

India’s merchandise trade deficit with the two countries reached $113.83 billion in April–September FY27.

🇨🇳 China: $68.94 billion deficit
🇷🇺 Russia: $44.89 billion deficit

Imports from China rose to $80.35 billion, while imports from Russia surged 52% to $47.29 billion. Meanwhile, India recorded an $18.48 billion trade surplus with the 🇺🇸 US.

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