Insights for India

MoM insights: In the month-on-month analysis, imports from Switzerland saw the highest increase with a trade value of 3.95B, reflecting a significant rise of 3.36B (5.68%). The United Arab Emirates followed with a trade value of 7.05B, increasing by 2.11B (0.43%). The United Kingdom also showed a notable increase with a trade value of 1.9B, up by 1.21B (1.76%). On the lower end, imports from Russia decreased to 2.86B, down by 1.3B (-0.31%). Iraq's imports fell to 1.99B, a decrease of 479.56M (-0.19%). Germany also saw a decline, with imports dropping to 1.47B, down by 452.55M (-0.24%). For exports, the United Arab Emirates led with a trade value of 3.96B, increasing by 511.74M (0.15%). Italy followed with 799.4M, up by 95.03M (0.13%). Japan also increased exports to 570.37M, up by 91.19M (0.19%). On the downside, exports to China decreased to 1.63B, down by 413.23M (-0.20%). Malaysia's exports fell to 535.52M, down by 380.1M (-0.42%). The United States saw a slight decline in exports to 6.6B, down by 289.27M (-0.04%).

YoY insights: In the year-on-year analysis, imports from Switzerland increased significantly to 3.95B, up by 3.53B (8.35%). The United Arab Emirates also saw a rise to 7.05B, increasing by 2.3B (0.48%). China’s imports rose to 12.23B, up by 1.75B (0.17%). Conversely, imports from Russia decreased to 2.86B, down by 1.96B (-0.41%). Ireland's imports fell to 134.91M, down by 671.76M (-0.83%). Iraq's imports also decreased to 1.99B, down by 423.29M (-0.18%). For exports, the United Arab Emirates led with 3.96B, increasing by 886.77M (0.29%). China followed with 1.63B, up by 581.06M (0.55%). Hong Kong's exports increased to 646.82M, up by 320.94M (0.98%). On the downside, exports to the United States decreased to 6.6B, down by 1.85B (-0.22%). Bangladesh's exports fell to 841.92M, down by 228.97M (-0.21%). South Africa's exports also decreased to 510.28M, down by 123.58M (-0.19%).