Export recovery seen in September, but trade outlook remains uncertain: Crisil

Despite signs of recovery in September's export growth, challenges such as container shortages and geopolitical uncertainties continue to pose risks, leaving the outlook for merchandise trade uncertain, according to a report by Crisil.

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The widening trade deficit poses a concern, especially with the US imposing higher tariffs on Chinese imports, potentially leading to a surge in Chinese exports to Asian markets, including India. Nonetheless, a robust services trade and strong remittance inflows are expected to provide some stability, helping to keep the current account in a safe zone.