India Thrives in US Market: Electronics & Consumer Goods Blunt Tariff Impact

• India has maintained and expanded its presence in the US market despite higher American tariffs.
• Electronics and consumer goods have been key in preventing a broader trade slump, with nearly 60% of Indian products showing higher trade volumes and market share.
• Laptop exports to the US surged by 5000% post-tariff, and smartphone imports rose 343% year-on-year, highlighting India's growing manufacturing role.
• Traditional labor-intensive exports like wool carpets and toilet/kitchen linen also remained robust, increasing market share.
• India even found new niches, with soybean oilcake exports to the US surging by 49,500% despite additional levies.

Why It Matters: India's exports to the US show resilience and diversification, offsetting tariff impacts through electronics and new niches.