India, Oct. 16 -- India's exports to the US fell in the first full month since 50% US tariffs on Indian goods came into effect, underscoring the country's reliance on its biggest export market. Imports increased.
India's US exports fell 11.93% year-on-year to $5.46 billion in September even as imports increased 11.78% to $3.98 billion, according to data released by the Union Ministry of Commerce & Industry. That was despite Indian merchants front-loading shipments in the months leading up to punitive tariffs.
The US imposed 50% tariffs on Indian goods on 27 August 2025 in response to trade barriers and New Delhi's purchase of Russian oil, making India's apparel and leather-goods exports uncompetitive against Bangladesh and Vietnam.
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