Imports

Currently, the preferential trade agreement (PTA) with the Mercosur trade bloc covers about 450 tariff lines. Talks are on to expand the PTA further to cover more items across agriculture, industrial goods, pharmaceuticals, and textiles, government officials told Moneycontrol.

India’s goods trade deficit widens to 13-month high of $32.15 billion in September

'Import increase in September 2025 has been higher than exports. Gold, silver, fertiliser and electronics have led to the import surge,' Commerce Secretary Rajesh Agarwal said.

Tariffs being used as weapons, India will choose its own path: Shivraj Singh Chouhan

While India has achieved surplus production in rice and wheat, the Union agriculture minister said, the next frontier is achieving self-reliance in pulses and oilseeds. "PM Modi will be launching India's Dalhan Atmanirbharta Mission (Chana–Masoor) day after tomorrow to strengthen pulse production," he said.

India may announce $125 a tonne anti-dumping duty on met coke imports in October

In April this year, government initiated an anti-dumping investigation into imports of the raw material from Australia, China, Colombia, Indonesia, Japan, and Russia, post allegations that these countries were selling at unfairly low prices.

Uncertainty on tariffs hurt; paying them is worse, survey shows

That’s among the takeaways from a survey of 336 small to mid-size companies by Freightos, a Barcelona-based cargo booking platform

GST2.0 reforms support local manufacturers; less than 7% of imports expected to get cheaper

Cuts in photovoltaic cells, auto parts, and industrial inputs signal focus on domestic value-add, not cheaper foreign goods

India’s goods trade deficit widens to $27 billion in July

On a year-on-year basis too, the merchandise deficit recorded last month was larger compared to $23.5 billion in July 2024

India's solar modules shine at 100 GW

Prime Minister Narendra Modi said the development is yet another milestone towards self-reliance.

Goods trade deficit narrows to a four-month low of $18.78 billion in June

Merchandise exports fell marginally on-year to $35.14 billion in June, while imports dropped to $53.92 billion

US merchandise-trade deficit unexpectedly widens on exports drop

The shortfall in goods trade grew 11.1% to $96.6 billion, Commerce Department data showed Thursday.

Trump's air strikes on Iran may put India’s $40 billion trade at risk

India’s bilateral trade with the “other West Asia” countries that comprises Iran, Iraq Israel, Jordan, Lebanon, Syria and Yemen stood at $41.8 billion in FY25.

Trade deficit narrows to $21.88 billion in May, shows Commerce Ministry data

On a year-on-year basis, the trade gap in goods in the previous month shrunk versus $22.09 billion in May 2024.

Electricity trade between India-Bangladesh to continue amid other curbs

At 2.5 GW, Bangladesh is the biggest electricity export market for India as of now. Not just that, the neighbouring country uses India’s power grid to import electricity from Nepal.

India's goods trade deficit widens to $26 billion in April, exports up 9%

On a year-on-year basis, the trade gap in goods in the previous month was wider as well compared to $19.2 billion in April 2024

India's exports to Pakistan at 5-year high in 2024 defying bilateral tensions

Total merchandise trade between the two countries jumped 127.21 percent to $1,206.76 million in 2024 from the previous year

12% steel safeguard duty offers marginal relief as import parity intact, say analysts

Analysts also see a downward pressure on prices in the long term, stemming from global oversupply amid US tariffs and an economic downturn

Trump tariff wars: Home textile orders worth $ 2 bn in limbo

A growing worry within the textile industry is also about consumption declining in America due to higher prices of imported products which would directly impact India's export growth despite having a competitive edge on tariffs over other countries.

India eyes ending import tax on US ethane and LPG in trade talks: Report

India levies import taxes of 2.5% on ethane, mainly used as a feedstock for producing petrochemicals, and propane and butane

JSW Steel gets exemption to import key raw material despite curbs

Starting from January, India imposed a ban on unrestricted imports of low-ash metallurgical coke (met coke), introducing country-specific quotas to safeguard domestic producers. The curbs are expected to be in place till June 30.

With containers stuck in China, India braces for higher freight costs and container shortages

The impact in terms of increase in freight costs would be at least 10 percent and could go up to 30 percent, said Jitendra Srivastava, CEO, Triton Logistics & Maritime.

India’s trade deficit widens to $21.54 billion in March

On a year-on-year basis, the trade gap in goods in the previous month was wider as well compared to $15.34 in March 2024.

US buyers want Indian exporters to share tariff cost as shipments resume: Report

This development comes after exporters reported resumption of trade for the existing orders, although the fate of new orders remain in doubt

Companies ask Centre to take steps against dumping of goods by China: Report

The trade tariffs announced by US President Donald Trump on China has been the factor behind the import surge, the report said

Steel major ArcelorMittal Nippon gets import exemption for key raw material despite curbs

The JV unit of the world's largest steelmaker had earlier sought relief against the rejection of 168,300 mt of met coke import orders from Indonesia and Poland.

Trump's tariffs could bring scale to India’s solar manufacturing, even as fear of dumping looms

Trump's 26 percent reciprocal tariff will immediately slow down Indian solar exports to the US, but it will make the sector more globally competitive while also affording the opportunity to explore other global markets. The government will need to address fears of dumping by the Chinese manufacturers.