West Asia conflict impacts India's trade and growth outlook
The West Asia conflict disrupts India's trade, impacting 14% of exports and 20.9% of imports. Rising freight costs and delays threaten the apparel sector, which saw only 1.5% growth in FY26's first ten months.
after close1 source ↓written by the desknot a recommendation
- affecting
- 25% of global oil shipments
- 20% of LNG exports
- this region
- 14% of exports
- 20.9% of imports
- in FY25
- $16 billion
The ongoing conflict in West Asia is disrupting the Strait of Hormuz, affecting 25% of global oil shipments and 20% of LNG exports. India, reliant on this region for 14% of exports and 20.9% of imports, faces rising freight costs and shipment delays.
The apparel sector, valued at $16 billion in FY25, is particularly vulnerable, with growth slowing to 1.5% YoY in FY26's first ten months. This uncertainty poses challenges for exporters targeting the UAE and broader West Asian markets.
Not investment advice. For informational purposes only.