Trade Exports

India's rollback of quality control orders eases supply disruptions and export costs, but highlights deeper policy incoherence and recurring inward-looking trade interventions

Indian exporters in various sectors like agriculture, petroleum, pharma, apparel, electronics and auto have potential not only to scale up shipments to New Zealand but also help the island nation reduce its dependence on China. According to think tank GTRI, in 2024-25, New Zealand imported goods worth over USD 10 billion from China compared to just USD 711 million from New Delhi. Wellington's total imports in that fiscal year were USD 50 billion. GTRI's report stated that opportunities exist for various Indian sectors to increase penetration in the island nation, given a bilateral free trade agreement. The sectors with potential include processed foods and agri-linked products, petroleum products and industrial chemicals, pharmaceuticals and healthcare, plastics, rubber and consumer goods, textiles and apparel, electronics and electrical equipment, automobiles and transport equipment, aerospace and high-value manufacturing, furniture and lighting. India is a significant global ...

The deal includes sweeping tariff cuts, expanded services access, enhanced labour mobility and a long-term investment commitment

Trend indicates Beijing is shifting its sourcing away from US, say officials

Japan's exports climbed 6 per cent in November from a year earlier, with shipments to the United States rising for the first time since March as uncertainties over tariffs abated following a trade deal with the Trump administration. The preliminary data released Wednesday showed Japan's total imports rose 1.3 per cent last month over a year earlier, leaving a surplus of 322.2 billion yen (about USD 2.1 billion). Exports to the US rose nearly 9 per cent from the year before as shipments of cars, chemicals and cameras helped make up for declines in machinery and iron and steel. Imports of US oil nearly tripled, along with sharp increases in imports of grain and other food products. Japan's deal on tariffs with President Donald Trump's administration, setting the baseline import duty for most products at 15 per cent instead of the earlier plan for a 25 per cent tariff, helped boost passenger car shipments by 8 per cent when measured by the number of vehicles. But the value of those car

Exports during April-November were up 2.62 per cent to $292.07 billion, while imports during the eight months rose by 5.59 per cent to $515.21 billion

India has proposed a preferential trade agreement (PTA) with Mexico to help domestic exporters deal with the steep tariffs announced by the South American country, a top government official said on Monday. Mexico has decided to impose steep import tariffs - ranging from about 5 per cent to as high as 50 per cent on a wide range of goods (about 1,463 tariff lines) from countries that do not have free trade agreements with Mexico, including India, China, South Korea, Thailand and Indonesia. Commerce Secretary Rajesh Agrawal said that India has engaged with the country on the issue. "Technical level talks are on...The only fast way forward is to try to get a preferential trade agreement (PTA) because an FTA (free trade agreement) will take a lot of time. So we are trying to see what can be a good way forward," he told reporters here. While in an FTA two trading partners either significantly reduce or eliminate import duties on maximum number of goods traded between them, in a PTA, dut

The move is seen as a way to protect Mexico's domestic industry

This is the first time coal linkages are being opened without end-use restrictions. It is aimed at expanding access to domestic coal, improving resource utilisation and reducing import dependence

Ahead of PM Narendra Modi's Jordan-Ethiopia-Oman tour, the government highlighted efforts to diversify exports and sustain manufacturing momentum, citing export and IIP growth trends

The overall surplus through the first 11 months of the year is up 21.7 percent from the same period last year

China's exports were up 5.9 per cent from last year, higher than expected, while imports rose only 1.9 per cent, creating a monthly surplus of $112 billion

CBAM to penalise polluting exporters; India should push for deep EU trade pact and simpler carbon tax over complex cap-and-trade

With oil imports down and arms reliance shrinking, summit eyes energy security, S-400, and a $29 billion trade deficit

The company also aims to transition from a consumer-electronics company to one that offers complete end-to-end solutions, Alaylo said

The commerce ministry's body APEDA on Monday said policymakers, FPOs, exporters and global buyers have gathered in Shillong to discuss certification, market access and capacity building issues of the organic agri products sector as India aims to raise exports to USD 2 billion by 2030. With a view to tapping into the northeast's organic potential, APEDA (Agricultural & Processed Food Products Export Development Authority) is organising the first northeast India organic week in Shillong, Meghalaya. According to the authority, India's total organic production (including both certified and conversion) has increased significantly from 13.35 lakh tonnes in 2015-16 to about 46.99 lakh tonnes in 2024-25, registering a strong CAGR (compound annual growth rate) of 15 per cent. India's organic food exports too have grown from USD 213 million in 2012-13 to USD 665 million in 2024-25, it said. To further accelerate this momentum, an export target of Rs 20,000 crore (about USD 2 billion) has ...

India's export-driven businesses in sectors such as aluminium, iron and steel that face international regulatory shocks are increasingly exposed to risk due to climate inaction threatening their profits, operations, and long-term viability, according to global consulting firm BCG. India is among the top 10 countries most affected by extreme weather events, as the 'Climate Risk Index 2026' launched at COP30 reveals, and the cost of inaction for India is too big to ignore, BCG Managing Director and Senior Partner, Asia Pacific Leader, Climate & Sustainability, Sumit Gupta, told PTI in an emailed interview. Citing data from RBI and WEF 2024, he said 4.5 per cent of India's GDP by 2030 is at massive risk of erosion due to climate-induced extreme events, and by the end of the century, climate-related challenges could cost India between 6.4 per cent and over 10 per cent of its national income. "Businesses face the direct brunt of these risks," he said, adding that due to climate-induced

Merchandise exports grew in the first three weeks of Nov, Piyush Goyal said after a Board of Trade meeting that reviewed tariff challenges, export incentives and ongoing trade talks with key partners

Relaxation covers exports still within 15 months as of Nov 13, 2025; FTP rules clarify quality-control imports, re-exports and refunds

The guidelines for the Rs 25,060-crore Export Promotion Mission (EPM) are likely to be released from next week, detailing its components and benefits for the industry, Commerce and Industry Minister Piyush Goyal said. The government, on November 12, approved the EPM with an outlay of Rs 25,060 crore for six financial years, beginning 2025-26, to help exporters deal with high tariffs imposed by the US. The mission will be implemented through two sub-schemes -- Niryat Protsahan (Rs 10,401 crore) and Niryat Disha (Rs 14,659 crore). "The guidelines for the export promotion mission will be released soon. I think the details, including its elements and how the industry can benefit from it, will be released next week," he told PTI. Under the Export Promotion Mission, priority support will be extended to sectors impacted by recent global tariff escalations, such as textiles, leather, gems and jewellery, engineering goods, and marine products. These sectors are facing challenges in the US