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India's Major Trade Partners – Total Trade (in $Billion). 1. China – $118.41 Billion🇨🇳 but $100b deficit 🔻🔻 2. United States – $118.29 Billion🇺🇲 $47b Surplus 🔥 3. United Arab Emirates – $83.65 Billion🇦🇪 4. Russia – $65.69 Billion🇷🇺 5.