Topic
export
Commodities Low Ending Stocks Will Likely Force India to Stop Sugar Export, Ethanol Diversion Early Next Season
India's sugar stocks are depleting, with total allocations falling 2.6% year-on-year. The government is probing stock levels and may curb ethanol diversion early next season to ensure adequate domestic supply during festive months.
Supply Chain Aqua Trace App Launched to Boost Shrimp Traceability, Curb Export Rejections
The Union Ministry of Commerce and Industry has launched the Aqua Trace app for aquaculture farms and hatcheries to establish a robust traceability system and strengthen compliance with international food safety standards. The move comes as shrimp export rejections, though low at 0.13% average from 2018-26, have caused financial losses, with 17 rejections in 2026 costing ₹7.45 crore. The government has also introduced new regulations banning certain antibiotics and stepped up capacity building.
Logistics Uttar Pradesh Mangoes Make First Commercial Sea Voyage to Dubai, Cutting Logistics Costs
A 12.5-tonne shipment of Dashehari and Langra mangoes from Uttar Pradesh reached Dubai via sea freight after a 25-day journey, with nearly 90% remaining market-ready. Developed by ICAR-CISH and APEDA, the post-harvest protocol uses METWASH technology and continuous cold chain, offering a cheaper alternative to air freight and boosting farmer incomes by Rs 15–20 per kg.
Trade US-Mexico Cross-Border Trade Hits $87.2B in May, Led by Laredo Port Surge
Mexico remained the largest US trading partner in May 2026, with two-way trade of $87.23 billion, a 17.06% increase from May 2025. Port Laredo was the busiest gateway, handling $36.33 billion in trade. Germany's Döhler Group invested $64 million in a new Mexico plant to support exports.
Commodities Indian Rice Export Prices Rise Third Week on Higher Reserve Price and Monsoon Concerns
Indian rice export prices extended gains for a third consecutive week, driven by a higher reserve price under the government's Open Market Sale Scheme (OMSS) and concerns over weak monsoon rains delaying planting. The 5% broken parboiled variety rose to $352-$357 per tonne, while Bangladesh floods damaged crops on over 28,610 hectares.
Regulations & Compliance Plastic-bag manufacturer settles allegations of customs fraud for $7.3M
New York-based RediBagUSA and its CEO Jeffrey Rabiea agreed to pay $7.3 million to settle a customs fraud investigation. The U.S. Department of Justice alleged the company misrepresented the country of origin of plastic bags imported from China as Hong Kong to evade a 77.5% antidumping duty. The settlement resolves a whistleblower lawsuit, with the whistleblower receiving over $1.3 million.
Trade India to Release Export-Oriented Fisheries Policy Focusing on Inland Fishery
India's Animal Husbandry and Fisheries Minister Rajiv Ranjan Singh announced an upcoming export-oriented fisheries policy emphasizing inland fishery, which currently accounts for only 2% of India's fishery exports. He stated that fishery exports jumped by Rs 10,000 crore to over Rs 72,000 crore in 2025-26, crediting free trade agreements. The minister also highlighted transport bottlenecks and directed ICAR to study drone use for connecting inland fisheries to export hubs.
Commodities Indian Rice Export Prices Extend Gains as Reserve Price Rises and Monsoon Concerns Linger
Indian rice export prices extended gains for a third consecutive week, supported by a higher government reserve price under the Open Market Sale Scheme and concerns over weak monsoon rains that could delay planting. Bangladesh floods damaged crops on over 28,000 hectares, while Thai and Vietnamese rice prices held steady amid slow trading.
Trade India-UK Trade Deal: Luxury Cars Get Cheaper, but Scotch Whisky Tariff Cuts Will Take Time
The India-UK Comprehensive Economic Partnership Agreement (CETA) entered into force on July 15, 2026, immediately lowering import duties on luxury cars from the UK. Tariffs on Scotch whisky and other premium spirits will be reduced gradually over ten years, with the standard 150% duty on such drinks falling to 75% by Year 10. Consumer benefits for spirits will depend on state-level taxes and company pricing decisions.
Trade India-UK Free Trade Deal Takes Effect: Textile and Scotch Whisky Tariffs Slashed
The India-UK free trade agreement came into effect on July 14, 2026, eliminating or reducing tariffs on 99% of Indian exports to the UK and 90% of UK imports into India. The deal is expected to boost textile exports from companies like Welspun Living and cut Scotch whisky duties from 150% to 75% immediately, with further reductions over 10 years.
Trade APEDA Facilitates First Biscuit Export from Varanasi to Oman Under India-Oman CEPA
The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the first-ever biscuit export from Varanasi to Oman under the India-Oman Comprehensive Economic Partnership Agreement (CEPA). The 40-tonne shipment, manufactured by Shree Tirupati Balajee Industries, marks a milestone for processed food exports from eastern Uttar Pradesh.
Trade India seeks EU scrap export relief as curbs threaten trade pact gains
India is seeking relief from EU scrap export restrictions that threaten to undermine gains from a planned trade pact, as the bloc tightens controls on waste shipments and considers separate measures to limit aluminium scrap exports. India's steelmakers and recyclers warn that export curbs could tighten supply, raise costs, and disrupt supplies of aluminium, copper, and other recycled metals, fuelling competition among importing nations.
Trade Iran rushes to sell oil to India after Trump sanctions waiver – all you need to know
Following a 60-day sanctions waiver from the Trump administration, Iran is rushing to sell crude to Asian buyers including India. Around 68 million barrels of oil are floating at sea, over 80% without confirmed destination. However, Asian refiners remain cautious due to policy uncertainty and sanctions complexities.
Trade Indian Government Denies Offering E20 Petrol Exports to Bhutan, Calls Reports Incorrect
The Indian Ministry of Petroleum and Natural Gas dismissed reports that Bhutan had refused to import E20 petrol from India, stating no such offer was ever made. The clarification followed allegations by the Congress party that Bhutan, Nepal, Bangladesh, and Sri Lanka had rejected India's ethanol-blended fuel. The government also defended the fuel's reliability, citing extensive testing by Indian institutions.
Trade Australia suspends 60% of Indian fumigation service providers, raising export costs
Australia has suspended the licences of 60 per cent of Indian fumigation service providers, affecting 44 companies, after an audit by Australian biosecurity authorities. The suspension, effective last week, could force exporters to pay additional refumigation costs of A$700 to A$1,200 per container upon arrival in Australia. India's agri-exports to Australia exceed $500 million annually, with Basmati rice as the top export at $79 million.
Trade India’s toy exports hit $186 million in 2025-26 as imports drop 71%: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman stated that Indian toy exports hit $186 million in 2025-26, reaching 153 countries, while imports dropped 71% since 2019. She credited government policies, quality standards, and trade agreements with the UAE and Australia for enabling Indian toy manufacturers to compete globally.
Logistics Hormuz in the rearview as Asia-US ocean container rates soar past $7,900
Asia-US ocean container rates surged past $7,900 per FEU as peak season demand drives the trans-Pacific market. Rates to the East Coast hit $7,998/FEU, up 8%, and to the West Coast $6,175/FEU. The early peak season, geopolitical tensions in the Strait of Hormuz, and carrier capacity shifts are key factors, according to FreightWaves.
Logistics Ruan expands cross-border capabilities with new customs brokerage service across US-Mexico lanes
Ruan announced a new customs brokerage service to enhance cross-border logistics between the U.S. and Mexico. The service uses single-window systems, real-time visibility tools, and security certifications, aiming to reduce delays and improve supply chain performance.
Logistics Andhra Banganapalli Mangoes Reach Singapore by Sea, Cutting Freight Costs by 90%
A 4.3-tonne consignment of Banganapalli mangoes from Andhra Pradesh has been successfully shipped to Singapore by sea, reducing freight costs by 90% compared to air. The shipment used a scientific protocol developed by ICAR-CISH and APEDA, extending shelf life to 30 days. The success opens new export lanes to Southeast Asia and the Gulf, with potential savings of ₹13–20 per kg.
Trade India Seeks Tariff Edge Over Asian Rivals as US Trade Chief Arrives for Talks
India is negotiating a trade deal with the United States, seeking tariff advantages over Asian competitors. Commerce Minister Piyush Goyal said he hopes to finalise an agreement before a temporary US tariff expires on July 24.
Commodities India likely won't export sugar for years as El Nino, ethanol squeeze supply
India, once the world's second-largest sugar exporter, is expected to have little surplus for export for at least three more seasons as El Nino weather conditions threaten cane production and rising ethanol demand squeezes supply. The twin pressures are poised to keep millions of tons of sugar off the world market, tightening supplies for importers across Asia, Africa and West Asia and supporting benchmark prices in London and New York.
Manufacturing Reliance eyes export-led push with new manufacturing platforms across key consumer segments
Reliance Industries announced plans for advanced manufacturing ecosystems across beverages, garments, daily essentials, and electronics, with a strong export focus. Chairman Mukesh Ambani said the company is already exporting FMCG products to over 40 countries. Isha Ambani revealed Rs 10,000 crore invested in food parks with plans for another Rs 30,000 crore over three years, and beverage production across 12 states at greenfield plants.
Trade Kerala Budget Proposes Dedicated Gold Corridor in Kochi-Thrissur Belt to Boost Jewellery Trade
The Kerala state budget, announced by Chief Minister V.D. Satheesan, proposes a dedicated gold corridor in the Kochi–Thrissur belt to strengthen jewellery manufacturing and establish a gold exchange hub. The initiative, backed by a ₹10 crore allocation, aims to leverage Kerala's position as the largest gold-consuming state and create skilled employment. Industry leaders from Kalyan Jewellers and the Kerala Gold and Silver Merchants' Association have welcomed the move, noting its potential to attract back gold manufacturers who migrated to other states.
Trade India Eyes $200 Billion Export Opportunity to BRICS Countries by 2030, Says ASSOCHAM
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) projects India's exports to BRICS nations could hit $200 billion by 2030, capturing 4% of the bloc's global imports. The target hinges on enhanced South-South cooperation, focusing on sectors like electronics, chemicals, and pharmaceuticals.
Trade India’s first export of fresh Uttarakhand Litchi to Italy marks entry into European market
The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the first export of fresh Uttarakhand litchi from Dehradun to Italy on June 18, 2026, comprising 1 metric tonne. Dehradun litchi is known for its sweetness, aroma, and varieties like Rose Scented, Calcuttia, and Bedana. The export has yielded farmers prices approximately 25% higher than domestic market rates.
Commodities Strait of Hormuz Reopens but Gas Prices Unlikely to Recover Soon, Experts Warn
President Trump signed an MOU with Iran reopening the Strait of Hormuz, but experts warn that US gas prices, which have jumped over 35% since late February, will not recover soon. The strait remains mined, shipping is risky, and oil production infrastructure needs time to restart.
Trade Peace in West Asia Expected to Boost Order Book of Indian Exporters: Industry Body FIEO
The Federation of Indian Export Organisations (FIEO) stated that the restoration of peace in West Asia after the US-Iran war is expected to revive Indian exporters' order books and reduce input costs. FIEO President SC Ralhan highlighted the reopening of the Strait of Hormuz and currency stabilization as key benefits, making exports to the EU, US, and West Africa more competitive.
Trade India’s agri export promotion shifts to value-added products and niche markets globally
India's agricultural export promotion strategy is pivoting from traditional cereal exports to value-added products and niche markets. The number of HS 8-digit products exported grew from 298 in FY2014–15 to 438 in FY2025–26, while processed and value-added product shares have steadily increased. The three-way diversification in products, markets, and value addition has made India's agri export sector more resilient.
Trade US buyers keen to stitch deals with Indian apparel exporters
Despite strong interest from US buyers, Indian apparel exporters face pricing pressure with discounts demanded up to 10%. India's readymade garment exports fell for the sixth straight month in May 2026, down 14.1% year-on-year, primarily due to weak US demand. Competing sourcing destinations like Vietnam, Indonesia, and Cambodia are outperforming India, though Free Trade Agreements with the UK and Europe offer some relief.
Trade India Gains EU Approval to Export Aquaculture Products, Eggs, and Honey Beyond September 2026
The European Union has amended Regulation (EU) 2021/405 to address antimicrobial resistance, effective September 2026. India's inclusion in the authorised countries list ensures continuous export of aquaculture products, eggs, and honey to the EU. Fish and fishery exports from India to the EU are valued at about USD 1.59 billion.
Trade Sigma Advanced Systems Secures Rs 208 Crore Artillery Shell Bodies Export Order from North America
Sigma Advanced Systems has secured a US$21.97 million (approx Rs 208 crore) export order to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies to a North American customer. The order, to be executed over six months, requires advanced metallurgical expertise and export clearance from India's Department of Defence Production.
Trade Two Rice Export Bodies Seek Review of Apeda Move to Appoint New Law Firm for Basmati GI, IPR Cases
Two Indian rice exporters' associations, AIREA and BRMEA, have asked the Commerce Ministry to review Apeda's decision to appoint a new law firm to handle global Basmati GI and IPR cases, alleging arbitrary selection and conflict of interest. The law firm had represented petitioners seeking to expand the Basmati GI area to include Madhya Pradesh, a move Apeda historically opposed.
Trade Pakistan Eyes Higher Donkey Meat, Other Related Products Export to China
The Times of India published an article with the headline 'Pakistan eyes higher donkey meat, other related products export to China', but the body text did not contain any substantive information about trade volumes, agreements, or market access.
Trade Odisha SHG Exports 7.5 Quintals of Amrapali Mangoes to London via PSFPO Project
Maa Kalijai SHG from Odisha's Angul district has exported 7.5 quintals of Amrapali mangoes to London under the PSFPO project. The export was facilitated by Palladium Consulting with support from the Directorate of Horticulture, Mission Shakti, and Odisha Livelihoods Mission. Odisha has achieved 90 tonnes of mango exports so far this year.
Trade Nepal Clarifies: No Ban on Indian Mango Imports
The Indian Ministry of Agriculture confirmed that Nepal has not banned Indian mango imports, despite revised import conditions. Exports continue with compliance to new phytosanitary measures.
Trade India Eyes Canada for Crude Oil Amid Diversification Efforts
India is exploring Canada as a potential supplier of crude oil, focusing on heavy crude compatible with its refineries. High Commissioner Dinesh Patnaik highlighted ongoing discussions despite regulatory concerns.
Trade APEDA Releases SOP for Rice Exports to China After GMO Rejections
APEDA released a standard operating procedure (SOP) for rice exports to China following China's rejection of non-basmati consignments over alleged GMO contamination. The SOP, effective June 9, mandates testing by recognized labs and registration with DPPQS and GACC. India's non-basmati rice exports to China rose to 315,193 tonnes in 2025-26.
Commodities U.S. Approves $5B Offshore LNG Export Platform Amid Historic Regulatory Mileston
Federal regulators have approved the first-ever offshore LNG export terminal, a $5 billion project by Delfin Midstream. The platform, located 40 miles off Louisiana, will eventually export 1.8 billion cubic feet per day. Other stories include Amazon's LTL expansion, countervailing duties on Chinese and Mexican trailers, and a 30% surge in cargo theft.
Trade Democrats Push for Reinstatement of China Port Tax
Democrats in Congress are advocating for the reinstatement of a port tax on Chinese ships, which was suspended in May. The tax, amounting to $3.2 billion annually, aims to protect the U.S. shipbuilding industry.
Trade Bangladesh Wheat Tender Norms Challenge Indian Exporters
Bangladesh's recent wheat tender imposes specifications that may exclude Indian exporters due to competitive pricing and stringent quality requirements. Indian wheat's test weight and cost structure are key barriers.
Trade Chinese Investors Seek Indirect SpaceX Exposure
Chinese investors are exploring indirect avenues to gain exposure to SpaceX's IPO after being barred from direct participation. They are turning to offshore brokerage accounts and domestic investments in China's space sector.
Trade Assam's Tezpur Litchi Makes Debut in Dubai Market
Assam's GI-tagged Tezpur Litchi has been exported to Dubai for the first time. The shipment, comprising one metric tonne, highlights the growing international demand for India's premium agricultural products.
Trade India-US Energy Cooperation Aims for $500 Billion Trade by 2030
A report highlights the potential of India-US energy cooperation to achieve a $500 billion trade target by 2030. The partnership focuses on hydrocarbons and advanced technologies.
Trade New Tariffs Trigger Early Trans-Pacific Peak Season
New tariffs and rising fuel costs have accelerated the trans-Pacific peak shipping season, with significant rate hikes reported. The U.S. Trade Representative's new tariffs on 60 countries and potential tariffs on Brazil and others are key factors.
Trade India Supports OMCs Amid Rising Crude Prices
The Indian government has allocated ₹1.23 lakh crore to Oil Marketing Companies (OMCs) to mitigate the impact of rising crude oil prices. This support includes an excise duty cut and is aimed at easing consumer burden during the West Asia conflict.
Trade India Ships GI-Tagged Tezpur Litchi to Dubai
India has exported one tonne of GI-tagged Tezpur Litchi from Assam to Dubai, enhancing its international market presence. The Commerce Ministry highlights this as a step forward for premium agricultural exports.
Trade India's Gold Tariff Hike Spurs Smuggling Surge
India's recent gold tariff hike has led to a resurgence in smuggling, with illegal imports potentially exceeding 100 tons in 2026. This has created challenges for banks and refiners, as grey market discounts disrupt legal trade.
Trade Himsagar Mango Exports Threatened by Quality Issues
Himsagar mango exports from Malda, India face challenges due to dark spots caused by adverse weather. Exporters fear rejection from international markets, impacting planned shipments to the US.
Trade India, Indonesia Strengthen Trade Ties Amid Strategic Talks
India and Indonesia are enhancing their bilateral trade and defense cooperation following the 8th Joint Commission Meeting. Key discussions included maritime trade, investments, and security, building on the Comprehensive Strategic Partnership established in 2018.
Trade Global Trade Dynamics: Key Updates for Import/Export
Recent global trade developments have significant implications for import/export professionals. Key updates include changes in tariff rates, trade policy adjustments, and bilateral trade agreements. These changes are crucial for maintaining competitive advantage in international markets.
Trade India's Seafood Exports Overcome Tariff Hurdles
India's seafood industry has rebounded from US tariffs, achieving record exports of $8.46 billion in FY26. Diversification into markets like the EU and China has driven this growth.
Trade India's Seed Sovereignty: A Strategic Shift
India's strategic focus on seed sovereignty has led to over 10,500 plant variety registrations under the Protection of Plant Varieties and Farmers’ Rights Act, 2001. This move aligns with global debates on genetic resources and digital sequence information.
Trade India, UK Strengthen Ties with New Trade Initiatives
India and the UK have launched new initiatives to enhance cooperation in critical minerals and maritime security. These efforts aim to strengthen bilateral trade and ensure resilient supply chains.
Trade India-UK Launch Critical Minerals Supply Chain Observatory
India and the UK have launched the Critical Minerals Global Supply Chain Observatory to bolster India's capabilities in critical mineral supply chains. This initiative aims to enhance cooperation and secure resources for clean energy and advanced technologies.
Commodities Muted Demand Pressures Tea Prices at Kochi Auctions
Tea prices at Kochi auctions have declined due to muted demand and geopolitical tensions in West Asia. The auction saw a decrease in prices for popular grades, with a notable drop in CTC dust market prices.
Trade Descartes Achieves Record Revenue Amid Trade Challenges
Descartes reported a record $194 million in revenue for its fiscal first quarter of 2027, marking a 15% increase year-over-year. The company attributes its growth to increased demand for its supply chain solutions amid a challenging global trade environment.
Trade Indian Exporters Monitor USTR Probe Amid Trade Talks
Indian exporters are closely monitoring the US Trade Representative's investigations and bilateral trade talks, which could impact tariffs and trade dynamics. Concerns rise over proposed tariffs on China, while Indian sectors emphasize compliance with labor standards.
Trade Akashvani News on Trade Developments
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Trade India–Oman CEPA Boosts Seafood Exports from Chennai
India's first chilled fish consignment to Oman under the India–Oman CEPA was dispatched from Chennai on June 1, 2026. The agreement eliminates import duties on marine products, enhancing India's competitive edge in the Gulf region.
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