India’s import-export ecosystem is undergoing significant changes. With new restrictions on jute imports from Bangladesh, halted trade with Pakistan, extended trade negotiations with the United States, and shifting export performances, the country’s global trade strategy is at a pivotal point.
Below are the top 10 import-export updates from India for June 29 2025.
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1. India Restricts Jute Imports from Bangladesh to Nhava Sheva Port
In an important move to support the domestic jute industry, the Directorate General of Foreign Trade DGFT has limited the import of jute and related products from Bangladesh to only the Nhava Sheva port in Mumbai. The decision is aimed at curbing the entry of subsidized and under-invoiced jute items that were previously allowed duty-free under the South Asian Free Trade Area SAFTA agreement.
Source: ANI News
https://www.aninews.in/news/business/business/india-restricts-jute-imports-to-single-port20250628121523
2. Trade Ban with Pakistan Disrupts Shipping and Logistics
India’s ongoing trade ban with Pakistan implemented in May 2025 has disrupted the movement of goods across the western corridor. Freight costs have risen due to longer alternative routes and formal trade channels between the two nations remain completely frozen.
Source: ABP Live
https://news.abplive.com/business/india-pakistan-trade-ban-affects-shipping-2025-06-28-1639425
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3. Petroleum Exports Decline by 10 Percent in June
India’s petroleum exports recorded a 10 percent drop in June 2025 compared to the previous month. The decline is linked to scheduled refinery maintenance and shifting global demand. Despite the short-term dip overall demand is expected to remain stable in the coming quarters.
Source: The Financial Express
https://www.financialexpress.com/policy/economy-indias-petroleum-product-exports-decline-10-in-june-3897048
4. India United States Trade Negotiations Extended
Ongoing trade negotiations between India and the United States have been extended beyond the June deadline. Key issues include tariff adjustments and market access for agricultural products. Both sides are working to finalize a balanced trade agreement.
Source: The Economic Times
https://m.economictimes.com/news/economy/foreign-trade
5. India Records Current Account Surplus in Q4 FY25
The Reserve Bank of India has announced that the country achieved a current account surplus of 13.5 billion US dollars or 1.3 percent of GDP in the fourth quarter of fiscal year 2024 to 2025. This surplus is driven by a reduction in the trade deficit and a significant rise in service exports.
Source: Upstox
https://www.upstox.com/news/india-records-current-account-surplus-q4-fy25-2025-06-28
6. Trade Deficit Narrows in May 2025
India’s trade deficit for May 2025 showed notable improvement. Data from the Ministry of Commerce and Industry reveals that the gap between imports and exports has reduced contributing to improved balance of trade and foreign exchange stability.
Source: Trading Economics
https://tradingeconomics.com/india/balance-of-trade
7. CBIC Revises Tariff Import Values
The Central Board of Indirect Taxes and Customs CBIC has updated import tariff values for several key goods including edible oils and electronics. The revised rates will affect customs duties and are in line with current international market prices.
Source: Global Trade Alert
https://www.globaltradealert.org/state-act/india-import-value-adjustment-2025-06
8. Export Promotion Mission 2025 Continues
India’s Export Promotion Mission 2025 remains a key initiative to enhance competitiveness of Indian exports across major sectors. Focus areas include MSMEs pharmaceuticals electronics textiles and agri products.
Source: IMPRI
https://www.impriindia.com/insights/export-promotion-mission-2025
9. RoDTEP Scheme Reinstated for Exporters
The government has reinstated the Remission of Duties and Taxes on Exported Products RoDTEP scheme. This initiative provides crucial tax and duty refunds to exporters helping reduce their cost burden and increase global competitiveness.
Source: Logistics Insider
https://www.logisticsinsider.in/rodtep-scheme-reinstated-exporters-relief-june-2025
10. Commodity Export Trends Show Sectoral Growth
India’s export data for 2025 highlights strong performance in sectors like engineering goods pharmaceuticals electronics and processed food. The government is also actively supporting new product verticals in agri exports to diversify the export basket.
Source: Eximpedia
https://www.eximpedia.app/blog/india-export-trends-2025-pharma-electronics
