India's exports saw a rise in August despite new US tariffs, driven by front-loading of shipments. The trade deficit narrowed, although it exceeded predictions. While exports to the US increased between April and August,

India's merchandise trade deficit narrowed in August to $26.49 billion from $27.35 billion in July, as a drop in exports after U.S. President Donald Trump hiked tariffs on Indian goods was offset by slowing imports.

India’s exports rose 6.7% in August to $35.1 billion, while imports fell 10% to $61.6 billion, narrowing the trade deficit to $26.5 billion year-on-year.

Exports of merchandise goods rose from $32.89 billion to $35.10 billion, and exports of services rose from $30.36 billion to $34.06 billion during August 2025.

India's share of US smartphone imports increased to 44 percent this year, while China's share fell to 25 per cent, down from 61 percent in mid-2024. The total volume of “Made-in-India” smartphones grew over 240 percent YoY.

Exports climbed 6.7% on year, while imports declined 10.1%, the data said. Exports to the U.S. jumped 18% on year between April and August, a time period aligning with India's fiscal year and after President Trump first announced sweeping tariffs on global trading partners.

India's exports to Germany and China have gained ground, but America’s share has risen to nearly 22% of India’s outbound shipments.

Surging imports of goods during August 2025, at $61.59 billion, kept India’s merchandise trade deficit high at $26.5 billion, much higher than the average of $23.7 billion seen during April-July 2025.

India’s trade data for August reflects resilience amid global tariff tensions. Exports grew by 6.7% compared to last year, while imports declined by 10.12%. This indicates that despite challenges from trade wars and tariff hikes,