India’s exports to US witness $3.3 billion decline in May-Sept, sharpest short-term collapse in years: GTRI report

India’s exports to the US slid across sectors for the fourth consecutive month, driving a 37.5 per cent decline during May-September 2025, according to an analysis by India-based trade think tank Global Trade Research Initiative (GTRI). India’s exports to its largest market, the United States, are reeling under the weight of steep US tariff hikes. Between May and September 2025, exports plunged by 37.5 per cent, from USD 8.8 billion to USD 5.5 billion, marking one of the sharpest short-term collapses in years, GTRI said in a note Sunday. The GTRI analysis compared export performance between May and September 2025…