India's Exports Surge: $1B to China, 22% to US Despite Tariffs

Business
M
Moneycontrol•16-12-2025, 09:58
India's Exports Surge: $1B to China, 22% to US Despite Tariffs
- •India's exports to China surged by $1.05 billion (over 90%) to $2.20 billion in November 2025.
- •Shipments to the US increased over 22% to $6.98 billion in November, despite reciprocal tariffs.
- •India's total merchandise exports jumped nearly 20% year-on-year to $38.13 billion last month.
- •Higher exports helped narrow India’s trade deficit to a five-month low of $24.5 billion in November.
- •Growth was driven by items like smartphones, pharmaceuticals, petroleum products, and a rebound in labor-intensive goods.
Why It Matters: India's export growth to China and US shows economic strength despite tariff impacts.
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