India Exports Surge to Unprecedented Levels
Outbound shipments climbed 5.86% year-over-year between April and September, hitting a record $418.91 billion, the Commerce Ministry reported Wednesday.
"India's export performance was strongly supported by export destinations including USA (13.34%), United Arab Emirates (9.34%), China (21.85%), Spain (40.30%), and Hong Kong (23.53%), each registering robust growth during April-September 2025 as compared to same period last year," the ministry stated.
Washington imposed 50% duties on Indian goods in August, with half representing punitive measures targeting New Delhi's Russian oil purchases.
Indian authorities have rejected condemnation of their Russian energy acquisitions, asserting that the nation's fuel strategy prioritizes domestic interests.
New Delhi is currently pursuing trade agreements with approximately a dozen nations and economic blocs, including the United States and European Union.
Services drove the majority of expansion during the April-September window, generating $199.03 billion in exports—a 9.34% increase compared to the prior-year period.
Days earlier, US President Donald Trump threatened additional levies against India, claiming the country was flooding American markets with rice.
The trade statistics emerged as a US delegation headed by Deputy US Trade Representative Rick Switzer conducted negotiations with Indian officials in New Delhi.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
