According to a report, India’s exports have remained resilient amid trump tariffs as newer global markets compensate for the dip in exports to US. Moreover, the report mentioned that merchandise exports between April and September in FY26 reached $220 billion, nearly a 2.9 per cent increase from $214 billion in the same period the previous year.
Exports to US increased, but shipments dipped amid Trump Tariffs
In addition, Exports to the United States increased by 13 percent to $45 billion, but shipments in September dipped around 12 per cent year on year since the trump tariffs imposed by the Trump administration came into effect. Notably, US remains a significant market; however, its share in India’s aggregate exports dropped from July 2025, and remained only 15 per cent in September. It is noteworthy that India’s exports have diversified beyond the US and entered into newer global markets, including Vietnam, UAE, China, Japan, Hong Kong, Sri Lanka, Bangladesh and Nigeria, witnessing higher shares in several product groups.
Offering support to exporters, the government approved Rs. 45,060 crore
However, India is struggling with trump tariffs imposed by the Trump administration that have affected textiles, jewellery and seafood, especially shrimp. Now, offering support to exporters, the government has approved Rs 45 060 crore for assistance. Notably, the Rupee is also facing pressure as it has slipped to 89.90 against the dollar in the midst of global financial setbacks.
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