India’s exports to US decline while non-US markets show growth: CRISIL
India’s exports to the US fell 11.9% in September while non-US shipments rose ~10.9%; CAD still expected near 1% of GDP.
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10h agoIndia’s exports to US decline while non-US markets show growth: CRISIL
According to CRISIL, India’s merchandise exports to the United States shrank by 11.9% in September to approx US$ 5.5 billion, compared with a 7% growth in August. Meanwhile, exports to non-US markets rose 10.9%, up from 6.6% in August. The analysis cited the impact of new US tariffs and a broader global slowdown. Nevertheless, India’s current-account deficit is projected to remain within manageable limits (≈1% of GDP) thanks to strong services exports and remittance flows, and benefit partially from easing crude-oil costs.
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10h agoIndia’s exports to US decline while non-US markets show growth: CRISIL
According to CRISIL, India’s merchandise exports to the United States shrank by 11.9% in September to approx US$ 5.5 billion, compared with a 7% growth in August. Meanwhile, exports to non-US markets rose 10.9%, up from 6.6% in August. The analysis cited the impact of new US tariffs and a broader global slowdown. Nevertheless, India’s current-account deficit is projected to remain within manageable limits (≈1% of GDP) thanks to strong services exports and remittance flows, and benefit partially from easing crude-oil costs.
neutral
India’s exports to US decline while non-US markets show growth: CRISIL
about 11 hours ago
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India’s exports to the US fell 11.9% in September while non-US shipments rose ~10.9%; CAD still expected near 1% of GDP.
According to CRISIL, India’s merchandise exports to the United States shrank by 11.9% in September to approx US$ 5.5 billion, compared with a 7% growth in August. Meanwhile, exports to non-US markets rose 10.9%, up from 6.6% in August. The analysis cited the impact of new US tariffs and a broader global slowdown. Nevertheless, India’s current-account deficit is projected to remain within manageable limits (≈1% of GDP) thanks to strong services exports and remittance flows, and benefit partially from easing crude-oil costs.
According to CRISIL, India’s merchandise exports to the United States shrank by 11.9% in September to approx US$ 5.5 billion, compared with a 7% growth in August. Meanwhile, exports to non-US markets rose 10.9%, up from 6.6% in August. The analysis cited the impact of new US tariffs and a broader global slowdown. Nevertheless, India’s current-account deficit is projected to remain within manageable limits (≈1% of GDP) thanks to strong services exports and remittance flows, and benefit partially from easing crude-oil costs.
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Oct 19, 2025 • 10:48 IST