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Home > All news > Canada and Mexico could absorb 63% of India’s US-Bound Exports

Canada and Mexico could absorb 63% of India’s US-Bound Exports

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New Delhi - Canada and Mexico could potentially absorb nearly 63% of India’s exports currently headed to the US, creating alternative markets for Indian exporters facing uncertainty in the American market.

The assessment highlights the potential for Indian businesses to diversify their export destinations by increasing shipments to the two North American markets. Such diversification could help exporters reduce their dependence on the US and manage risks arising from changes in trade policies, tariffs and market conditions.

Canada and Mexico have established trade links with the US and are integrated into North American supply chains . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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