India's Exports Rise Despite US Tariff Hurdles

By: Nikhil Pandey

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15 Jan 2026

India's December exports grew by 1.87 percent reaching 38.5 billion dollars despite global economic uncertainties


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Higher import volumes caused the monthly trade deficit to widen marginally to 25.04 billion dollars


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Steep United States tariffs imposed by the Trump administration significantly impacted several labour-intensive export sectors


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Cumulative merchandise exports for the current fiscal year rose 2.44 percent to 330.29 billion dollars


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Commerce Secretary Rajesh Agrawal expects total annual exports to surpass a record 850 billion dollars


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Growth was driven by engineering, electronics, and pharmaceuticals while gems and jewellery sectors witnessed deceleration


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Services exports are projected to hit a historic milestone of 400 billion dollars this year


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Industry leaders praised Indian exporters for showing resilience through market diversification and improved product competitiveness


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