The high tariffs imposed on countries around the world by US President Donald Trump earlier this year had created a stir in the global economy. Although the market gradually recovered, the economies of many countries are still struggling under the pressure of these arbitrary tariffs.
This policy of Trump has been criticized a lot, and many countries have made agreements with America, while the talks between India and America have not been successful yet. Nevertheless, official data shows that the tariffs did not have a major impact on India’s total exports.
No effect of tariff!
In the first half (April–September) of the current financial year 2025-26, Indian exporters have registered positive growth in exports to 24 countries. These countries include South Korea, United Arab Emirates, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, Canada, Poland, Sri Lanka, Oman, Thailand, Bangladesh, Brazil, Belgium, Italy and Tanzania.
A senior official of the Commerce Ministry told news agency PTI that total exports to these 24 countries in the first half were $ 129.3 billion, which shows an increase compared to the same period of the last financial year. This is about 59 percent of India’s total exports. On the other hand, there has been a decline in exports to the US, which was mainly due to the new high tariffs imposed by Washington in September.
Surprising figures came
According to the ministry data, during April to September 2025, India’s total exports increased by 3.02 percent to $ 220.12 billion, while imports increased by 4.53 percent to $ 375.11 billion. Trade deficit during this period came to $154.99 billion. However, negative growth has been seen in India’s exports to 16 countries, which contribute about 27 percent ($60.3 billion) to the country’s total exports.
Also read: These factors including global trends, attitude of foreign investors and quarterly results will decide the market movement this week.
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