Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Business»India’s goods exports in April jump 9%, driven by exports to US amid tariff uncertainty | Business News
Business

India’s goods exports in April jump 9%, driven by exports to US amid tariff uncertainty | Business News

May 16, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
tariff uncertainty, us tariff uncertainty, trump tariff uncertainty, goods exports, exports, Indian express business, business news, current affairs
Share
Facebook Twitter LinkedIn Pinterest Email

India’s exports rose by 9 per cent to $38.49 billion in April — the very best in six months — pushed by elevated shipments of electronics and engineering items to the US, in accordance with information launched by the Ministry of Commerce and Trade on Thursday.

Tariff uncertainty within the US prompted a 27 per cent surge in India’s exports to Washington DC, reaching $8.4 billion in April 2025, in comparison with $6.6 billion in the identical month final yr. This comes as exporters rushed their orders to beat the reciprocal tariffs introduced by the US on April 2 that had been later suspended for 90 days.

Commerce Secretary Sunil Barthwal stated, “India’s items and companies exports have proven wholesome development in the course of the first month of the brand new monetary yr, and there are seen inexperienced shoots in sectors similar to gems and jewelry.”

Story continues under this advert

Nonetheless, the products commerce deficit widened to a five-month excessive of $26.42 billion in April, as imports additionally rose sharply by 19.12 per cent year-on-year to $64.91 billion, pushed by greater shipments of crude oil and fertilisers.

Official information confirmed that outbound shipments of electronics and engineering items grew by 39.51 per cent and 11.28 per cent to $3.69 billion and $9.51 billion, respectively.

Festive offer

Furthermore, exports of tobacco, espresso, marine merchandise, tea, ready-made clothes of all textiles, rice, gems and jewelry, spices, petroleum merchandise, and prescribed drugs remained in optimistic territory.

The estimated worth of companies exports for April 2025 stood at $35.31 billion, in comparison with $30.18 billion in April 2024. Providers imports had been estimated at $17.54 billion in April 2025, up from $16.76 billion in the identical month final yr, the ministry stated.

Story continues under this advert

Pankaj Chadha, Chairman of EEPC India, stated that regardless of a number of challenges on the exterior entrance, engineering items exports have begun the fiscal yr on a robust be aware, providing hope that the sector’s outlook will stay optimistic within the coming months.

“Given the geopolitical points and uncertainties stemming from the main US commerce coverage shift, the exporting group must chalk out plans for diversifying export locations,” Chadha stated.

indianexpress

Ravi Dutta Mishra is a Principal Correspondent with The Indian Specific, protecting coverage points associated to commerce, commerce, and banking. He has over 5 years of expertise and has beforehand labored with Mint, CNBC-TV18, and different information shops. … Learn Extra

© The Indian Specific Pvt Ltd



Source link

April business Driven Exports goods Indias jump news tariff uncertainty
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Meta asks judge to rule that FTC failed to prove its monopoly case | Technology News

May 16, 2025

UK court denies Nirav Modi’s bail plea again as CBI pushes for extradition in PNB fraud case | India News

May 16, 2025

Is walking for 2 km better than a kilometer-long run? | Fitness News

May 16, 2025

As Beijing, Washington dial down, Piyush Goyal to lead team for US trade talks | Business News

May 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Beckham Family ‘Being Torn Apart By Secret Feud’

May 16, 2025

Meta asks judge to rule that FTC failed to prove its monopoly case | Technology News

May 16, 2025

Carlyle nears deal to sell Italian premium brand Twinset, sources say

May 16, 2025

UK court denies Nirav Modi’s bail plea again as CBI pushes for extradition in PNB fraud case | India News

May 16, 2025
Popular Post

Govt to Karnataka HC: X calling Sahyog ‘censorship’ portal is condemnable | Bangalore News

Home delivery of alcohol expanded during pandemic, with permanent effects on health

7 Simple Tips On Caring For Your Eye Glasses

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2025 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.