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India's merchandise exports to US decline 8.58% in October
Nov-18-2025

The commerce ministry in its latest data has showed that India's merchandise exports to the US declined for the second consecutive month in October 2025, falling by 8.58 per cent to $6.3 billion due to the hefty 50 per cent tariffs imposed by Washington, while imports increased by 13.89 per cent to $4.46 billion during the month. During the April-October period of this fiscal, the country's exports to the US increased by 10.15 per cent to $52.11 billion, while imports rose 9.73 per cent to $30 billion.

China, another major trading partner of India, saw a 42.35 per cent jump in exports from India to $1.62 billion in October and a 24.77 per cent growth in April-October 2025-26 to $10.03 billion. Imports from the neighbouring country in October rose 15.63 per cent to $11.1 billion while during the first seven months of this fiscal, the inbound shipments rose by 11.88 per cent to $74 billion.

The UAE, the Netherlands, the UK, Germany, Bangladesh, Singapore, Saudi Arabia, South Africa, Nepal, Italy, Australia, France, Belgium, Korea and Malaysia were also among the countries which saw negative growth in exports from India during the month under review. However, exports to Hong Kong and Spain registered positive growth.  On the imports front, inbound shipments in October declined from nations, including Russia, Saudi Arabia, Iraq, Korea, Indonesia, and Taiwan. However, imports rose from the UAE, Singapore, Japan, Malaysia, the UK and Thailand.


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