Bad news for India amid Trump tariffs, India’s exports to US dip by 37% in last…, imports rose from…

India’s merchandise exports to the United States fell 11.93% year-on-year to USD 5.46 billion in September, impacted by higher tariffs imposed by Washington. Imports from the US, however, rose 11.78% to USD 3.98 billion during the same month, according to data from the commerce ministry.

For the April–September period of the current fiscal year, India’s exports to the US grew 13.37% to USD 45.82 billion, while imports increased 9% to USD 25.6 billion.

The decline in September exports follows the US decision to impose a sweeping 50% tariff on Indian goods from August 27. Both nations are currently engaged in negotiations for a bilateral trade agreement aimed at boosting two-way trade, with an Indian delegation presently in Washington for talks.

India’s Exports To US dip  37.5 %

According to think tank GTRI, shipments to the United States plunged in September, down 17.9 per cent from USD 6.87 billion in August, the sharpest monthly fall of 2025 and the fourth consecutive decline.

“September was also the first full month in which Indian goods faced Washington’s 50 per cent tariff on most products,” GTRI Founder Ajay Srivastava said. Exports to the US have been falling since June 2025 on a monthly basis. In May, exports rose by 4.8 per cent to USD 8.8 billion, marking the last month of growth before the duties took hold.

He added that between May and September, India’s exports to the US have dropped by almost 37.5 per cent, wiping out more than USD 3.3 billion in monthly shipment value.

“The data confirm that the United States has become India’s most severely affected market since the tariff escalation began, with sectors such as textiles, gems and jewellery, engineering goods, and chemicals suffering the heaviest losses,” Srivastava said.

India and the US are negotiating a bilateral trade agreement.

India’s Export To Other Countries

China, another major trading partner of India, saw a 34.18 per cent jump in exports from India to USD 1.46 billion in September and a 21.96 per cent growth in April-September 2025-26 to USD 8.41 billion.

Imports from the neighbouring country in September rose 16.35 per cent to USD 11.31 billion while during the first half of this fiscal, shipments rose by 11.25 per cent to USD 62.88 billion.

The UAE, the UK, Germany, Saudi Arabia, Australia, Bangladesh, Brazil, and Italy were also among the countries, which saw positive growth in exports from India during the month under review.

On the imports front, inbound shipments in September declined from nations, including Russia, Korea, Australia, Vietnam, Germany, and Taiwan.

However, imports rose from the UAE, Saudi Arabia, Singapore, Japan, Malaysia, the UK and Thailand.

(With Inputs From PTI)

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