February 13, 2026

shipments

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Budget 2026 backs manufacturing, logistics and SEZ reforms to boost shipments, says commerce secretary

contact@dailyupdatesindia.com02 mins

The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…

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India’s crude basket: More Middle East, less Russia; after Trump’s sanctions, what’s next for Moscow’s oil shipments?

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India has transformed its crude sourcing strategy, reducing Russian crude barrels while increasing its Middle Eastern shipments. Though Moscow still has a share in New Delhi’s oil inflows, the volumes are down due to compliance risks. Data from analytics firm Kpler shows that in the first three weeks of January 2026, the country imported about…

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India’s pharma shipments: Brazil, Nigeria emerge as key export destinations; market expands to $20.48 billion

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Even as global economic uncertainity drags down trade, Indian pharmaceutical exporters are seeing growth in Brazil and Nigeria as both countries are emerging as important overseas markets. Data by the commerce ministry data shows that Nigeria has been a major driver of this shift. During the first eight months of the current financial year, exports…

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US tariffs hit exports: Gems and jewellery shipments fall 4.98% in December; silver surges 248%

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India’s overall gems and jewellery exports witnessed a 4.98 per cent year-on decline to $1,883.85 million (Rs 16,978.44 crore) in December 2025, as geopolitical uncertainties hit key markets, the Gem and Jewellery Export Promotion Council (GJEPC) said on Friday.The total gem and jewellery exports stood at $1,982.62 million (Rs 16,843.87 crore) in December 2024, GJEPC…

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India–China trade: Exports jump 67% in December on electronics, marine shipments; imports also rise

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India’s merchandise exports to China surged 67.35% year-on-year to $2.04 billion in December, driven by higher shipments of electronics, marine and agricultural products, according to Commerce Ministry data released on Thursday.The sharp rise was led by exports of oil meals, marine products, telecom instruments and spices. In the electronics segment, key items registering strong growth…

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Venezuela oil exports: Asia-bound shipments stalled for fifth day amid US embargo; PDVSA faces stockpile stress

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File photo (Picture credit: AP) Venezuela’s main oil ports entered a fifth straight day without shipping crude to customers in Asia, the country’s biggest buyers, as US pressure on the OPEC producer intensified under an oil embargo, shipping data showed.The halt in deliveries risks worsening problems for state-run oil firm PDVSA, which is already struggling…

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Chinese imports: India imposes 12% tariff on steel inflows; aims to curb cheap shipments with safeguards

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India rolled out a new trade measure on Tuesday, imposing safeguard duties on certain steel imports for a period of three years. The move comes as a push to protect domestic manufacturers from a surge in low-cost overseas supplies, particularly from China.As per a finance ministry notification, the safeguard duty will stand at 12% in…

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Indian wines on international shelves: Shipments double from last year; Alphonso mangoes, jamun & other flavours in demand

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India’s push into global wine markets is beginning to gain attention as fruit-based wines slowly find space alongside traditional grape labels overseas. As growth in domestic wine consumption remains muted, exporters are leaning on international demand to fuel expansion, ET reported. In the first seven months of the current financial year, wine shipments from India…

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Russian alcohol exports surge: Shipments to India jump four-fold; vodka leads the push

contact@dailyupdatesindia.com01 mins

There has been a massive surge in Russian alcohol exports to India in 2025. Shipments increased nearly four times, as compared to last year. Data from Russia’s Federal Centre for Agricultural Export Development, shows exports of spirits, mainly vodka, having reached 520 tonnes worth $900,000 in the first ten months of the year.According to the…

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Trump tariff pressure fails? India’s exports rise to 6-month high, shipments to US go up; trade deficit shrinks to 5-month low – top facts

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The trade deficit reduced to $24.6 billion, reaching its lowest point since June, as imports declined by 2% to $62.7 billion. (AI image) Defying pressure from Donald Trump’s 50% tariffs, India’s exports rose in November and the trade deficit shrunk to a five-month low. Exports moved up to $38.1 billion in November – an increase…

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