India’s goods exports to the United States rose 19.94% year-on-year to $8.01 billion in July, while imports grew 13.78% to $4.55 billion, according to commerce ministry data. For April–July 2025-26, exports to the US expanded 21.64% to $33.53 billion and imports climbed 12.33% to $17.41 billion. With total trade of $50.94 billion during the four-month period, the US remained India’s largest trading partner.
India’s shipments to the US have been recording consistent growth since April. Meanwhile, negotiations on a bilateral trade agreement are underway, with the sixth round of talks scheduled in New Delhi from August 25, when a US delegation will visit.
China also registered strong growth in July trade. India’s exports to China rose 27.39% to $1.34 billion, while imports increased 5% to $10.91 billion. In the April–July period, exports to China grew 19.97% to $5.75 billion, and imports rose 13.06% to $40.65 billion.
Other markets showing positive export growth in July included the UAE, UK, Germany, Bangladesh, Brazil, and Italy. However, shipments to the Netherlands, Singapore, Saudi Arabia, Australia, South Africa, and France saw a decline.
On the import front, inflows fell from countries such as the UAE, Russia, Indonesia, Qatar, and Taiwan, but increased from Saudi Arabia, Singapore, Korea, Japan, Hong Kong, and Thailand.
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