ENA Sectors 2025-12-01 15:43:58 <p><span style="font-size:14px"><strong>New Delhi, Dec 1 (KNN)</strong> Indias export outlook faces growing strain as global trade momentum weakens and domestic cost pressures intensify, according to an assessment by the Global Trade Research Initiative (GTRI) citing the World Trade Organisations (WTO) latest Goods Trade Barometer.</span></p> <p><span style="font-size:14px">The WTO report, released earlier this week, signals a clear cooling in global merchandise trade following a tariff-driven surge earlier in the year. </span></p> <p><span style="font-size:14px">GTRI noted that while global trade held up in early 2025 on the back of strong demand for AI-related goods, the pace is now slowing as front-loaded orders taper off and protectionist measures re-emerge, reported ANI. </span></p> <p><span style="font-size:14px">Key indicators such as electronics, air freight, container shipping and automotive trade remain in expansionary territory, though with moderating growth, while agricultural raw materials have slipped below trend.</span></p> <p><span style="font-size:14px">The warning is blunt: growth remains intact for now, but rising tariffs and policy uncertainty threaten to erode global trade volumes in 2026, the think tank observed.</span></p> <p><span style="font-size:14px">As with the WTOs global picture, Indias data suggest not a collapse but a clear loss of traction, with trade-policy shocks abroad colliding with domestic cost pressures to expose the economys vulnerability to slowing world demand, GTRI observed.</span></p> <p><span style="font-size:14px">Indias latest export figures reflect this global deceleration, with sharper downside risks. </span></p> <p><span style="font-size:14px">Merchandise exports contracted 11.8 per cent year-on-year in October, with declines recorded in 15 of Indias 20 major markets. </span></p> <p><span style="font-size:14px">Shipments to the United States fell 8.6 per cent, while exports to the UAE declined 10.2 per cent. </span></p> <p><span style="font-size:14px">The UK and Italy registered steeper drops of 27.2 per cent and 27.7 per cent respectively, and shipments to the Netherlands slid 22.8 per cent. </span></p> <p><span style="font-size:14px">Exports to Singapore and Australia saw even sharper corrections, pointing to a sudden slowdown in Asia-Pacific supply chains.</span></p> <p><span style="font-size:14px">Export growth was largely confined to a few markets, including Spain and China, driven mainly by energy and commodity-linked demand rather than any broad-based improvement in manufacturing performance.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span><br /> </p> 44258 https://knnindia.co.in/news/newsdetails/sectors/indias-exports-contract-amid-weakening-global-trade-rising-costs-gtri 2025-12-01 15:43:58 knnindia.co.in