India's Exports to the US Increase by 11% Amid Trade Negotiations

India's exports to the United States, the country's largest trading partner in the Americas, saw an increase of 11 per cent during the first half of the financial year 2027, reaching USD 50.8 billion. This growth occurs while New Delhi and Washington engage in negotiations over a proposed Bilateral Trade Agreement aimed at strengthening economic relations and improving market access.

According to data released by the Department of Commerce, exports to the US for the corresponding period in the previous financial year totalled USD 45.73 billion. Overall, India's exports to the Americas increased by 13 per cent, amounting to USD 66.82 billion, compared to USD 59.30 billion in the same period last year.

This surge in exports comes as discussions surrounding the proposed Bilateral Trade Agreement continue. Recent talks were held in New Delhi on November 2-3, involving a US delegation and officials from the Commerce Ministry, focusing on customs processes and trade facilitation.

Commerce and Industry Minister Piyush Goyal indicated that a majority of the discussions regarding this agreement have been finalised and that both nations are currently finalising the remaining aspects. Negotiations for the Bilateral Trade Agreement commenced in February 2025.

In addition to the growth in exports to the US, other significant markets in the region also noted noteworthy increases. Exports to Brazil rose by 14 per cent, totalling USD 4.33 billion, while shipments to Mexico surged by 26 per cent, amounting to USD 3.45 billion. Exports to Canada increased by 18 per cent to USD 2.67 billion amidst ongoing negotiations for a Comprehensive Economic Partnership Agreement (CEPA) between India and Canada.

Looking at broader trade patterns, exports to Europe rose by 8 per cent, equating to USD 51.04 billion during the same period. Notably, shipments to the United Kingdom increased by 7 per cent to USD 7.32 billion, while exports to Germany climbed by 12 per cent, reaching USD 6.34 billion. The European Union and India concluded negotiations for a free trade agreement in January 2026, with efforts underway for its signing and implementation.

Additionally, the Comprehensive Economic and Trade Agreement between India and the UK came into effect on July 15, 2026, allowing for zero-duty access to nearly 99 per cent of India's exports to the UK.

Further data indicated that exports to Africa skyrocketed by 44 per cent, totalling USD 31.42 billion, while shipments to Asia saw a 21 per cent increase, reaching USD 103.84 billion from April to September 2026. This indicates a significant expansion of India's market reach and diversification of its export destinations.