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India’s Export Exposure Diversifies as US Share Falls to 15 % Amid Tariffs

Merchandise exports from India in the first half of FY26 reached US$220 billion, showing a 2.9 % increase year-on-year. Meanwhile the share of exports to the United States has dropped to 15 % as India pivots to alternative markets amid rising US tariffs.
Sectorally, marine products and ready-made garments posted gains, while traditional diamond and gem shipments shrank sharply. The trend reflects both resilience and structural change in India’s trade landscape, helping cushion against global headwinds.
Tags:
- economy
- global
Explore:Mutual Fund Themes
neutral
India’s Export Exposure Diversifies as US Share Falls to 15 % Amid Tariffs

Merchandise exports from India in the first half of FY26 reached US$220 billion, showing a 2.9 % increase year-on-year. Meanwhile the share of exports to the United States has dropped to 15 % as India pivots to alternative markets amid rising US tariffs.
Sectorally, marine products and ready-made garments posted gains, while traditional diamond and gem shipments shrank sharply. The trend reflects both resilience and structural change in India’s trade landscape, helping cushion against global headwinds.
Tags:
- economy
- global
Explore:Mutual Fund Themes
1 min read
75 words

India’s export mix shifts as US share drops to 15% and exports hit US$220 bn despite tariffs.
Merchandise exports from India in the first half of FY26 reached US$220 billion, showing a 2.9 % increase year-on-year. Meanwhile the share of exports to the United States has dropped to 15 % as India pivots to alternative markets amid rising US tariffs.
Sectorally, marine products and ready-made garments posted gains, while traditional diamond and gem shipments shrank sharply. The trend reflects both resilience and structural change in India’s trade landscape, helping cushion against global headwinds.

Merchandise exports from India in the first half of FY26 reached US$220 billion, showing a 2.9 % increase year-on-year. Meanwhile the share of exports to the United States has dropped to 15 % as India pivots to alternative markets amid rising US tariffs.
Sectorally, marine products and ready-made garments posted gains, while traditional diamond and gem shipments shrank sharply. The trend reflects both resilience and structural change in India’s trade landscape, helping cushion against global headwinds.
Tags:
- economy
- global
- economy
- global
- india
- trade
- exports