India-US trade ties: India's exports to US rise nearly 20% in July, imports up 13.78%

2 hours ago 5
ARTICLE AD BOX

 India's exports to US rise nearly 20% in July, imports up 13.78%

India’s goods exports to the US surged 19.94% to $8.01 billion in July, while imports rose 13.78% to about $4.55 billion, according to commerce ministry data.During April-July 2025-26, exports to the US jumped 21.64% to $33.53 billion and imports climbed 12.33% to $17.41 billion, the data showed.

The US retained its position as India’s largest trading partner in the four-month period, with bilateral trade worth $12.56 billion, PTI reported.India’s outbound shipments to the US have been recording positive growth since April this year. The two countries are also negotiating a bilateral trade agreement, with the US team scheduled to visit India from August 25 for the sixth round of talks.China, another key trading partner, saw a 27.39% year-on-year jump in India’s exports to $1.34 billion in July and 19.97% growth in April-July to $5.75 billion.

Imports from China increased 5% in July to $10.91 billion and rose 13.06% in the April-July period to $40.65 billion.Other nations registering positive export growth from India in July included the UAE, the UK, Germany, Bangladesh, Brazil, and Italy. Exports to the Netherlands, Singapore, Saudi Arabia, Australia, South Africa, and France declined during the month.On the import side, inbound shipments fell from countries such as the UAE, Russia, Indonesia, Qatar, and Taiwan, while rising from Saudi Arabia, Singapore, Korea, Japan, Hong Kong, and Thailand

Read Entire Article