Engineering goods exports to the U.S. rose 18% to $1.62 billion in January 

India’s engineering goods exports to the U.S. in January increased 18% year-on-year to $1.62 billion.

The U.S. remained top destination for the country’s engineering goods during January as well as in cumulative terms followed by the UAE. For the 10 months ended January this fiscal, India’s engineering exports to the U.S. increased nearly 9% to $15.60 billion ($14.38 billion), EEPC India said on Wednesday.

Engineering goods exports to the UAE in January were 56% higher at $610 million. For the April-January period it was 45% higher at $6.87 billion.

Among top engineering export destinations, countries that registered positive growth during January include Germany, Mexico, Turkey, South Africa, France, Japan, Nepal, and Bangladesh, while shipments to the UK, Saudi Arabia, Malaysia, China, Italy and Spain registered a negative growth.

Overall engineering shipments from the country in January were 7.44% higher at $9.42 billion ($8.77 billion). It was the ninth straight month of growth. On a sequential basis, it was lower as the engineering exports in December 2024 totalled $10.84 billion, an increase of 8.32% year on year.

Cumulatively, during April-January in FY25 engineering goods exports were $96.75 billion, a 9.82% increase over the $88.10 billion in the year earlier period.

“Engineering exporting community has managed to record positive growth despite significant global turmoil in the form of continuing conflicts and increasing protectionism by some of our major export destinations. Global exports seem to be at the crossroad of major changes – with new geopolitical challenges. Trade policies worldwide are evolving to address national concerns but they are putting unprecedented pressure on businesses,” EEPC India Chairman Pankaj Chadha said in a release on the January numbers.

In 2024, over 3,000 trade restrictions were estimated to have been implemented globally. While challenges to the multilateral trading system are not new, they are intensifying, with a significant risk of further erosion as per the Global Trade Outlook 2025 published by the International Chamber of Commerce (ICC), he said.

The engineering industry is going to face significant challenges in coming days – the latest U.S. tariffs is a case in point. Thus, the industry would need continuous government support in the fields of export credit and technology to remain competitive in the global market, Mr.Chadha said.