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US share in exports falling: SBI report

Mint Chennai

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November 24, 2025

The share of India’s merchandise exports to other countries increased as shipments to the US declined since July, indicating diversification of export basket across product categories, according to an SBI research report.

India’s total merchandise exports in April-September 2025 inched up by 2.9% to $220 billion compared to $214 billion in the year-ago period, the report said. Cumulative exports to the US grew 13% year-on-year in April-September to $45 billion, though the September figure registered negat

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