India's trade with West Asia contracts for second straight month in April amid shipping disruptions
- Posted on May 15, 2026
- By Business News Today
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- 1 min read
India's trade with West Asia contracts for second straight month in April amid shipping disruptions
April marked a downturn in Indias trade relationship with West Asia, as both exports and imports experienced a staggering reduction of more than 28%. The unrest linked to the US-Iran situation has severely disrupted shipping operations, affecting vital trade channels. This decline particularly threatens major Indian sectors, including jewels and engineering products, as well as oil.
