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Amid Tariff Pause India’s Exports to the US Hit All-Time High in March 2025

Written by: Team Angel OneUpdated on: May 8, 2025, 1:13 PM IST
India’s exports to the U.S. hit a record $11.2 billion in March 2025, driven by a 90-day tariff pause and marking the highest monthly trade figure so far.
Amid Tariff Pause India’s Exports to the US Hit All-Time High in March 2025
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According to the data from the United States Census Bureau, India’s goods exports to the United States reached a record $11.2 billion in March 2025, the highest monthly figure recorded between the two countries. This is a significant increase from the usual monthly average of $7.5 billion, and the first time the $10 billion mark has been crossed.

Total Goods Trade Nears $15 Billion

Overall goods trade between India and the U.S. stood at $14.96 billion for the month. India’s exports accounted for $11.19 billion, while the U.S. exported goods worth $3.77 billion to India. This resulted in a trade deficit of $7.42 billion for the U.S. in March alone.

Quarterly Trade Figures

For the first quarter of 2025 (January to March), India’s total exports to the U.S. reached $27.69 billion, while imports from the U.S. totalled $10.47 billion. The cumulative trade deficit for the U.S. during this period stood at $17.22 billion.

Monthly Breakdown – Q12025

  • January: US exports to India – $3.2 billion, US imports from India – $8.1 billion
  • February: US exports to India – $3.5 billion, US imports from India – $8.3 billion
  • March: US exports to India – $3.77 billion, US imports from India – $11.2 billion

Temporary Tariff Pause

According to the reports, the increase in trade activity aligns with a 90-day reciprocal tariff pause announced by U.S. President Donald Trump. The suspension period led to an uptick in shipments between the two countries. India remains subject to a 26% tariff, though suspended, and has offered to reduce tariffs on select goods like steel, auto parts, and pharmaceuticals, subject to quotas.

Read more: India’s Exports Reach Historic High of $825 Billion in FY2024-25!

Wider U.S. Trade Activity in March

The U.S. trade deficit for March rose to $140.5 billion, the highest ever. Imports climbed to $419 billion, driven by higher purchases of consumer goods, while exports rose slightly to $278.5 billion. Imports from countries including India, Mexico, and Vietnam were at record levels, while imports from China fell to a five-year low.

Conclusion

March saw a sharp rise in India-U.S. trade volumes, largely concentrated on the export side, during a temporary pause in tariff enforcement. In March, the U.S. trade deficit reached an unprecedented $140.5 billion, the largest monthly shortfall ever recorded. This surge was primarily fueled by a record increase in imports as businesses accelerated purchases of foreign goods in anticipation of new tariffs announced by President Trump.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 8, 2025, 1:13 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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