India’s goods exports to the United States fell for the second straight month in September as US tariff measures began to bite key sectors like textiles, gems and jewellery, and marine products.
Exports to the US slipped to $5.43 billion in September, down from $6.87 billion in August, marking a nearly 21% month-on-month drop. Imports from the US, however, rose to $3.98 billion from $3.6 billion in the previous month, according to the latest trade data by the Ministry of Commerce.
Commerce Secretary Rajesh Agrawal acknowledged the tariff impact but said India’s exports to the US remained “in the green” on a cumulative basis. “Part of the industry that’s not facing tariffs is growing, while the impacted sectors are fighting these challenges,” he told NDTV Profit, adding that the real impact of the tariffs would begin to reflect from September and October data.
