Exports to US see significant decline during May-Sept.

India’s exports to the US have dipped 37.5% from $8.8 billion in May 2025 to $5.5 billion in September, according to think tank GTRI. It said that exports of pharmaceuticals, smartphones, metals and auto declined during the period. Pharmaceutical product exports dipped 15.7% from $745.6 million in May to $628.3 million in September. Industrial metals and auto parts, facing uniform tariffs for all countries, saw a modest 16.7% drop from $0.6 billion to $0.5 billion. Aluminium exports fell 37%, copper 25%, auto parts 12% and iron-steel 8%. Labour-intensive sectors such as textiles, gems and jewellery, chemicals, agri-foods and machinery endured a 33% decline, from $4.8 billion to $3.2 billion, as per a report.

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