India’s Merchandise Exports Rise Despite Tariff Pressures in September

India’s merchandise exports registered a notable increase in September 2025, despite facing significant tariff challenges from the United States. According to official government data, exports grew 6.75% year-on-year to $36.38 billion, up from $34.08 billion in September 2024. On a month-on-month basis, exports rose 3.64% compared to $35.10 billion in August 2025.

This growth comes amid a full month of heightened U.S. tariffs, which included a 50% duty on key Indian goods such as textiles, shrimp, and gems and jewellery. The reciprocal tariffs were introduced in early August, with additional penalty tariffs implemented later that month. September marked the first complete month under the new tariff regime.

Despite these trade barriers, exports to the U.S. declined by only 11.9%, indicating resilience in India’s export sector. Analysts attribute the performance to diversified markets, strong domestic production, and strategic government support for exporters.

The Ministry of Commerce and Industry emphasized that the data reflects India’s ability to navigate global trade headwinds while maintaining momentum in key sectors. The export uptick is seen as a positive signal for the broader economy, which continues to face challenges from global inflationary pressures and geopolitical uncertainties.

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