Stay informed with the latest developments impacting India’s international trade and logistics. From major trade negotiations to sector-wise growth, here are the top 10 headlines that shaped the export-import landscape this Friday:
1. India-US Trade Deal Nears Finalization
India and the United States are close to clinching a “mini trade deal,” with significant implications for Indian exports. The US is pushing for better access for its farm goods, while India seeks relief from tariffs on steel and aluminum.
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2. India Limits Jute Imports from Bangladesh
Imports of jute and allied products from Bangladesh will now be allowed only through the Nhava Sheva seaport, citing “unfair trade practices” and anti-dumping duty circumvention.
🔗 Read Full Story – The Economic Times
3. DGFT Tightens Precious Metal Import Norms
New regulations from DGFT aim to prevent misuse of FTAs in importing gold and silver. Importers must now meet stricter classification requirements to avoid customs duty evasion.
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🔗 Read Full Story – A2Z Taxcorp LLP
4. CONCOR Boosts ‘Make in India’ via Export Support
Container Corporation of India is enhancing India’s export competitiveness by upgrading rail freight infrastructure and streamlining logistics under the ‘Make in India’ mission.
🔗 Read Full Story – India Shipping News
5. US Tariff Threat Looms for Indian Exporters
Without a trade deal by July 9, 2025, key Indian sectors like textiles and gems could face US tariffs up to 26%. GTRI warns of serious disruption if talks fail.
🔗 Read Full Story – Logistics Insider
6. Land Route Jute Imports from Bangladesh Banned
To enforce tariff and quality compliance, DGFT bans land route imports of jute items from Bangladesh, allowing imports only via sea.
🔗 Read Full Story – Maritime Gateway
7. Agri Exports Surge with Banana Overtaking Mango
India’s agricultural exports are thriving. A fresh report shows bananas have overtaken mangoes in export volume, while cereals, vegetables, and spices also report solid growth.
🔗 Read Full Story – INSIGHTS IAS
8. Trade Deficit Widens Despite Export Growth
Goods exports rose by 9.1% in April 2025, but a 19% spike in imports—mainly electronics and petroleum—led to a larger trade deficit. China remains India’s top import partner.
🔗 Read Full Story – Times of India
9. India-China Dialogue Covers Trade & Borders
At the SCO Defence Meet, India and China agreed to continue diplomatic and trade-related talks amid rising tensions and the celebration of 75 years of diplomatic ties.
10. Pharma and Petroleum Dominate Export Basket
India’s top exports in 2025 remain petroleum products and pharmaceuticals, reinforcing its status as a global refining hub and the pharmacy of the world.
