Engineering goods exports to US decline 9% in September
pre-market1 source ↓written by the desknot a recommendation
- the US fell
- 9.4%
- in September
- $1.4 billion
- increase in exports
- 2.93%
- surged
- 17%
- 33%
Engineering goods exports to the US fell 9.4% to $1.4 billion in September, despite an overall 2.93% increase in exports, driven by strong demand in Europe. Notably, steel & iron and automobile exports surged 17% and 33%, respectively. The 5% depreciation of the rupee may have mitigated tariff impacts, supporting overall export resilience.
Not investment advice. For informational purposes only.