The commerce ministry in its latest data has showed that India's merchandise exports to the US declined by 11.93 per cent to $5.46 billion in September 2025 due to the high tariffs imposed by Washington while imports increased by 11.78 per cent to $3.98 billion during the month. During the April-September period of FY26, the country's exports to the US increased by 13.37 per cent to $45.82 billion, while imports rose 9 per cent to $25.6 billion.
The US has imposed a sweeping 50 per cent tariffs on Indian goods entering American markets from August 27, 2025. India and the US are negotiating a bilateral trade agreement to boost two way commerce. The Indian team is in Washington for the trade talks.
China, another major trading partner of India, saw a 34.18 per cent jump in exports from India to $1.46 billion in September and a 21.96 per cent growth in April-September 2025-26 to $8.41 billion. Imports from the neighbouring country in September rose 16.35 per cent to $11.31 billion while during the first half of this fiscal, shipments rose by 11.25 per cent to $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. However, exports to the Netherlands, Singapore, and France declined in September.
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