Brief by Shorts91 Newsdesk / 04:25am on 31 Jul 2025,Thursday India Global
A Moneycontrol analysis based on UN COMTRADE data reveals that Vietnam may be competitive in 25% of product lines overlapping with India in U.S. exports, though these account for just 5% of India’s $91 billion exports in 2024. Indonesia and the Philippines similarly hold advantages in smaller shares—covering approximately 1.5% of India’s export value. Reduced U.S. tariffs (around 20%) on these nations versus 25% on Indian goods boost their competitiveness. However, the real economic impact remains limited due to the concentrated value in select categories. (PC: Money Control)
