The "Print Newspaper" and "Coin Newspaper" reported on November 18 that India's exports of goods to the US have seen a month-on-month increase for the first time since May. According to data released by India's Department of Commerce on November 17, India's exports of goods to the US in October reached $6.3 billion (630 million USD), an increase of 14.5% compared to September. However, the total exports of India fell by 11.8% year-on-year in the same month, with only five major export markets - Spain, China, Hong Kong, Brazil, and Belgium - showing year-on-year growth. Analysts pointed out that although the overall situation of India's exports remains bleak, the "two points" performance in October indicates that there are signs of recovery in India's exports. At the same time, the Indian government recently launched an export promotion program (EPM) worth 250.6 billion rupees (2506 crore) and an additional credit support scheme for exporters worth up to 200 billion rupees (20000 crore), which will greatly promote the development of India's export ecosystem. It is worth noting that during the period from April to October of the fiscal year 2025-26, India's imports from Russia decreased by 10.8%, while India's imports from the US increased by 9.75% during the same period, indicating that the Trump administration's strategy of pressuring India has yielded significant results.
Original: www.toutiao.com/article/1849235223121920/
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