by supplychainreport
India’s exports to the United States rebounded strongly in November, jumping 23% year-over-year after a slight dip in October. Overall exports rose 19.4% to $38.13 billion, marking the fastest growth in more than three years and highlighting India’s growing global trade presence.
The trade deficit narrowed to $24.53 billion, down from $41.7 billion in October, as imports eased 1.9% to $62.66 billion. Gold imports also declined following the conclusion of the Diwali season. Strong export performance, particularly to the U.S., underscores India’s resilience and ability to capitalize on key international markets even amid high tariffs.
Progress in trade talks with the U.S. continues, with a framework agreement reportedly close, further supporting positive momentum for India’s global trade growth. The rupee showed stability following the encouraging trade data.
#IndiaExports #TradeGrowth #USTrade #GlobalMarkets #EconomicMomentum
