Low 2024 results, possible frontloading seen as factors in November’s 22% increase
India’s exports to the U.S. rose over 22% year on year in November after bottoming out at $5.47 billion in September. (Nikkei montage/Source photos by Reuters)
KIRAN SHARMA
December 25, 2025 11:17 JST
NEW DELHI — Exports of electronic goods, petroleum products and other items have buoyed India’s trade with the U.S. despite punishing 50% tariffs — a development that appears to put New Delhi in a strong position in ongoing negotiations with Washington — but experts caution that the positive figures may not be as robust as they initially appear.