India-US trade: Merchandise exports to Washington up 16.9%; imports dip to $3.62 billion in May
India's exports to the US surged by 16.93% in May, reaching $8.83 billion, while imports dipped by 5.76%. This upward trend continued into April-May, with exports climbing 21.78%. Despite US tariffs on steel and aluminum, India's exposure has been limited. Exports to China also saw strong growth, up 25% in May.
India's exports to the US surged by 16.93% in May, reaching $8.83 billion, while imports dipped by 5.76%. This upward trend continued into April-May, with exports climbing 21.78%. Despite US tariffs on steel and aluminum, India's exposure has been limited. Exports to China also saw strong growth, up 25% in May.
