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India's exports to the West Asian region have "evened out" in June, as it has recorded a 7.29 per cent year-on-year growth to USD 5 billion, Commerce Secretary Rajesh Agrawal said on Monday. The shipments to the region had declined in March due to the US-Iran conflict, but improved in April and further in May. "Our exports to the Middle East have evened out," he told reporters here. The shipments in June 2025 were USD 4.67 billion. The country's exports to the UAE rose 3.57 per cent to USD 2.7 billion, but shipments to Saudi Arabia declined by 4.42 per cent to USD 768.56 million. On the other hand, imports from the UAE and Oman have registered a positive growth. But it dipped by 29.75 per cent from Saudi Arabia. Indian exporters are using three ports (Duqm, Sohar and Salalah) in Oman to push exports to the region. The US-Iran conflict has severely impacted the movement of ships carrying cargoes in international waters, particularly through the Strait of Hormuz. India normally ex
The Board of Trade (BoT), chaired by Commerce and Industry Minister Piyush Goyal, is scheduled to meet on July 3 to leverage benefits from recent trade pacts and to discuss strategies for accelerating the country's exports, an official said. The BoT includes participants from various states, Union territories, and senior officials from the public and private sectors. In the meeting, representatives of export promotion councils, along with other participants, will present their views on the export sector. "The BoT is meeting on July 3 here," the official said. The last meeting of the board was held on November 25, 2025. The meeting is important as India has implemented five free trade agreements (FTAs) since 2021 with Mauritius, Australia, the UAE, Oman, and the four-nation European EFTA bloc. It has also signed a pact with the UK, which will come into force on July 15. The trade pact with the 27-nation EU is expected to be signed by the end of this year and may come into force ne
The 18 per cent growth in the country's merchandise exports reflects the increasing integration of Indian companies into global value chains and the diversification of export markets, experts said on Tuesday. India's exports climbed to a six-month high of 18 per cent to USD 45.2 billion in May, while the trade deficit widened to USD 28.21 billion, driven by increased imports of petroleum products amid higher crude oil prices. The increase in the outbound shipments is a reflection of the growing competitiveness of Indian industry and the confidence that global markets continue to place in Indian products, Sanjay Budhia, CII's Co-chair National Committee on Exports and MD, Patton International Ltd, said. He said that the healthy growth in exports during the first two months of 2026-27 also highlights the increasing integration of Indian enterprises into global value chains and their ability to respond to evolving international demand. During April-May 2026-27, exports rose 16.09 per
The country's merchandise exports rose 18 per cent to USD 45.2 billion, according to the commerce ministry data. Imports, too, grew 20.62 per cent to USD 73.41 billion in May, leaving a trade deficit of USD 28.21 billion. India's merchandise exports rose to USD 88.91 billion during April-May 2026-27, marking a 16.09 per cent growth over the corresponding period last year. India's exports to West Asia in May was marginally down at USD 5.30 billion against USD 5.38 billion in May 2025, Commerce Secretary Rajesh Agrawal said.