Exports to US bounce back in Nov.

India’s exports to the US bounced back in November 2025 after two months of dip, largely supported by supply chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI). This recovery came despite the US imposing 50% tariffs on Indian goods since August. Exports to the US rose 22.61% in November to $6.98 billion, reversing declines seen between May and September. Smartphone exports fell from $2.29 billion in May to $884.6 million in September, before rising to $1.8 billion. Machinery and mechanical appliances declined to $516.8 million in September, before nearly returning to peak levels at $614.6 million in November. Pharmaceutical shipments rose to $669.2 million in November, but remained below May levels. 

However, the think tank also warned that this recovery might not last. They claimed that it was more about adjusting to tougher tariffs rather than a permanent improvement, as per a report.

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