Powered by: Motilal Oswal
2026-07-14 11:25:51 am | Source: Accord Fintech
India's exports to West Asia rise 7.29% to $5 billion in June: Rajesh Agrawal
India's exports to West Asia rise 7.29% to $5 billion in June: Rajesh Agrawal

Commerce Secretary Rajesh Agrawal has said that India recorded exports worth $5 billion to West Asia in June 2026, up 7.29 per cent from a year ago, indicating that trade with the region has evened out. The shipments to the region had declined in March due to the US-Iran conflict, but improved in April and further in May.

The country's exports to the UAE rose 3.57 per cent to $2.7 billion, but shipments to Saudi Arabia declined by 4.42 per cent to $768.56 million. On the other hand, imports from the UAE and Oman have registered a positive growth. But it dipped by 29.75 per cent from Saudi Arabia.

Indian exporters are using three ports (Duqm, Sohar and Salalah) in Oman to push exports to the region.The US-Iran conflict has significantly disrupted the movement of cargo ships in international waters, particularly through the Strait of Hormuz. India normally exports goods worth about $6 billion every month to the region.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here