India's Exports to US Drop 37.5% in May-September 2025
India's exports to the US fell 37.5% from May to September 2025, dropping from $8.8 billion to $5.5 billion. Key sectors like pharmaceuticals, metals, auto, textiles, and solar panels saw significant declines. The US imposed a 50% tariff on Indian goods in August, contributing to the drop.
India's exports to the United States experienced a sharp 37.5% decline between May and September 2025, falling from $8.8 billion to $5.5 billion, according to think tank GTRI. The downturn affected multiple sectors, including pharmaceuticals, industrial metals, auto parts, textiles, gems and jewellery, chemicals, agri-foods, and machinery. Pharmaceutical exports dropped 15.7%, while industrial metals and auto parts saw a 16.7% decrease. 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 saw a 33% decline. Solar panel exports plunged 60.8%, and textiles and garments shipments fell 37%, with garments down 44%, home textiles 16%, and yarn and fabrics 41%. Marine and seafood exports declined 49%. The US imposed a 50% tariff on a wide range of Indian products starting August 27, 2025, which contributed to the significant drop in exports.
