Trade Exports

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

The move aims to ease pressure on MSME exporters as the revamped Interest Equalisation Scheme is folded into the new Export Promotion Mission

Exports to the United States also declined, dropping to $6.3 billion in October from $6.9 billion a year earlier

India's exports contracted 11.8 per cent to USD 34.38 billion in October, showed government data released on Monday. Imports jumped 16.63 per cent to USD 76.06 billion. The country's trade deficit stood at USD 41.68 billion during the reporting month. Imports surged due to increased shipments of gold and silver. Gold imports jumped to USD 14.72 bn in the last month against USD 4.92 bn recorded in the same month last year. The country's exports to the United States declined to USD 6.3 bn in October as against USD 6.9 bn registered in the year-ago month, Commerce Secretary Rajesh Agrawal told reporters here. During April-October this fiscal, exports increased marginally by 0.63 per cent to USD 254.25 billion. At the same time, imports rose 6.37 per cent to USD 451.08 billion, the commerce ministry data showed.

The government is examining proposals to roll out certain relief measures to boost production in Special Economic Zones (SEZs), Commerce and Industry Minister Piyush Goyal said on Saturday. He also said the ministry is looking at ways and means to promote excess capacities in these zones for use in the domestic market in India. This will be in a way also an import substitution because many goods that come into India from other countries get better benefits than the SEZ supplies to DTAs (domestic tariffs areas), he said while visiting Brandix textiles units in Andhra Pradesh SEZ here. "We are trying to bridge that gap and we are very hopeful that soon the output from all the SEZs will increase in a big way. "We are also examining what further relief we can give to the SEZs so that we can increase production in these zones," he said. The minister was here to attend CII Partnership Summit 2025. He added that the SEZ Commissioners of the country have been asked to hold a meeting here

The two schemes with an outlay of Rs 45,000 crore approved by the government for exporters will help industry tackle long-standing challenges such as affordable finance, compliance complexities, and branding gaps, exporters say. They said that the Export Promotion Mission (Rs 25,060 crore) and the Credit Guarantee Scheme (Rs 20,000 crore) will strengthen India's export ecosystem and global competitiveness. Sanjay Budhia, Chairman of CII's National Committee on Exports and Managing Director of Patton International Ltd, said these measures aim to empower MSMEs, first-time exporters, and labour-intensive sectors, ensuring resilience amid global trade uncertainties. Budhia said, "By integrating financial and non-financial interventions under one umbrella, it tackles long-standing challenges such as affordable finance, compliance complexities, and branding gaps, unlocking new opportunities for MSMEs" He added that digital integration with existing trade systems will transform the export