Summary
India's exports grew by about 20% in November, primarily due to increased shipments to the United States and China. This growth happened despite high tariffs from the U.S. under President Donald Trump's trade policies. Key export sectors included electronics, pharmaceuticals, and engineering goods.
Key Facts
- India's exports increased by 19.4% year-on-year in November 2025, totaling $38.13 billion.
- U.S. tariffs on Indian goods were raised to 50% due to India's Russian oil purchases.
- India's trade deficit decreased to $24.5 billion in November, the lowest since June.
- Exports to the U.S. rose by 22% in November, valued at approximately $7 billion.
- Exports to China surged by 90% year-on-year, totaling $2.2 billion.
- Key export sectors included engineering goods, electronics, pharmaceuticals, jewelry, and gems.
- Certain Indian goods like electronics and pharmaceuticals are exempt from U.S. tariffs.
- India and the U.S. signed a contract for India to import 2.2 million metric tonnes of U.S. liquefied petroleum gas annually.
