Topic
goods trade
Trade EU–US goods trade hits record €875 billion despite tariffs: Study
Trade in goods between the EU and US hit a record €875 billion last year, but a German Economic Institute study warns that front-loading ahead of tariff increases masked a 20.4% drop in EU auto exports to the US. Germany's automotive sector faced an 18.9% decline, while Ireland's exports surged 52.7% on tariff-exempt pharma products.
Trade India's services exports narrow gap with goods trade as overall trade grows 5.4% in Q4FY26: NITI Aayog
According to a NITI Aayog report, India's total trade grew 5.4% in Q4FY26 to $1.84 trillion. Services exports reached $421 billion in FY2026, narrowing the gap with merchandise exports of $442 billion. The services surplus rose from $47.9 billion in Q1 to $60.4 billion in Q4, offsetting the merchandise trade deficit. Pharmaceutical exports stood at $25.8 billion in 2025, with formulated drugs increasing global market share.
Trade WTO Reports Slowdown in Global Goods Trade Growth
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