China pips US to emerge as India's biggest trade partner in 2020 despite border conflicts China had emerged as India's biggest trade partner in the first half of the financial year 2020-21 too, pipping the US, which had held that position since 2018-19. In 2020, two-way trade between India and China stood at $77.7 billion BusinessToday.In | February 23, 2021 | Updated 12:11 IST In terms of exports, India's shipments to China grew 11 per cent YoY to $19 billion in 2020 China has again emerged as India's biggest trade partner in 2020 despite a bloody conflict along the Line of Actual Control (LAC) and the rising anti-China sentiment. In 2020, the two-way trade between the countries stood at $77.7 billion, which, however, is lower than the previous year's mark of $85.5 billion, as per the provisional data from the commerce ministry.