China Becomes India’s Largest Trade Partner, Overtaking the U.S.

China reclaimed its position as India’s largest trading partner in fiscal year 2024, according to data released by the Global Trade Research Initiative on May 12.

India’s bilateral trade with China totaled $118.4 billion, slightly overtaking its trade with the United States ($118.3 billion).

• India’s exports to China rose by 8.7 percent to $16.7 billion.
• Imports from China increased by 3.2 percent to $101.7 billion.
• Exports to the U.S. dipped by 1.3 percent to $77.5 billion.
• Imports from the U.S. decreased by 20 percent to $40.8 billion.

The U.S. had been India’s largest trading partner for the past two years.

The Trumpet says: India and China have many tense points in their relations, but the numbers show that the two are navigating their differences and deepening ties while moving away from the West. Bible prophecy teaches that India and China will be major players in a massive multinational Asian alliance that will soon form and play a terrifying role in world events.

Learn more: Read Chapter 4 of our free booklet Russia and China in Prophecy.