Decline in textile-leather-kitchenware exports to America
By yash chouhan 2025-10-15 12:26:20
Exports of textiles, leather, and kitchenware to the US declined.
New Delhi: In August, after Washington imposed tariffs on New Delhi, India's exports of labor-intensive goods such as textiles, leather, gems and jewelry, and marine products declined.
According to separate data released by the Ministry of Commerce and Industry, leather goods exports in August were down 11.9% compared to the previous year, while exports of pearls, precious and semi-precious stones fell 54.2%, and handmade carpets fell 13.85%.
The US imposed a 25% tariff on all Indian-origin goods from August 7th, doubling it from August 25th.
Growth in India's exports to the US fell to a nine-month low of 7.15% in August. Exports grew 18.06% in the first five months of this fiscal year.
According to the data, exports of marine products to the US declined by 32.99%. Among other exports, tyres declined by 35%, gold and other precious metal jewellery by 18.6%, cotton readymade garments by 13.2%, and pharmaceutical formulations by 7.01%.
Exports of key kitchen staples such as tea, spices, and basmati rice also declined by 27.43%, 9.79%, and 2.33%, respectively.
