Engineering goods exports top $11 billion in November, shipments to US and EU record sharp increase

New Delhi: A favourable base effect and a sharp jump in shipments to the US and EU helped engineering goods exports strongly rebound in November 2025 after recording its sharpest fall in the previous month during the current fiscal year.

While October 2025 saw the lowest shipments of engineering goods at US$9.37 billion, November 2025 witnessed the highest engineering exports of this fiscal at US$11.01 billion.

During November this year, engineering exports achieved an impressive 23.76 percent growth over November 2024 when shipment was recorded at US$8.90 billion.


"Engineering exports crossed the US$11 billion mark in November 2025, for the first time in the current fiscal. This is a testament to the relentless effort of the exporting community, which quickly recovered from the 17 percent year-on-year decline in engineering exports in October 2025. The growth story of engineering exports reflects the positive trend in global trade," said Pankaj Chadha, Chairman, EEPC India, in a statement.

As per the recently published UNCTAD Trade Update, global trade in goods and services continued to grow through the second half of 2025 and is expected to cross US$35 trillion for the first time, recording a growth of around 7 percent from 2024.

While lauding the approval of the Export Promotion Mission (EPM) by the Union Cabinet, Chadha noted that the recently concluded trade deals with Oman and New Zealand would provide further impetus to engineering goods exports.

"We sincerely hope that the upcoming FTAs with the EU and the BTA with the US will also be instrumental for us. Overall, both global and domestic trade indicate positive trends, which is good for the exporters; however, they should remain cautious given the rising volatility in global trade," Chadha stated.

Out of 34 product panels, as many as 32 registered higher exports in November 2025 on a year-on-year basis. Exports of product segments like ‘motor vehicles/cars’; ‘ships, boats and floating structures’; industrial machinery for agriculture, dairy, etc.’; ‘electric machinery and equipment’, and ‘copper and copper products’, among others, were impressive during this period.

Exports to India's top two major destinations US and the EU, jumped significantly in November this year. While engineering exports to the US dropped by 9.4 percent and 14.5 percent year-on-year in September and October 2025, respectively, the month of November saw 11.4 percent higher exports over November 2024. Exports to the EU also witnessed a hefty 39 percent increase in November after declining in the previous two months.

Engineering goods exports to the US stood at US$1.58 billion in November 2025, as against US$1.42 billion in November 2024. Engineering goods exports to the EU were US$2.02 billion in November 2025 as compared to US$1.46 billion in the same month last year.

Region-wise, North America and the EU remained the top two exporting regions for Indian engineering. Also, export growth was recorded in all regions in November 2025.

Country-wise, the US remained the top destination, followed by the UAE and Germany, but exports to the UAE declined year-on-year in November 2025. Decline was also noted in Saudi Arabia.

On a cumulative basis, engineering exports were 4.25 percent higher at US$79.74 billion during April-November 2025-26 as against US$76.49 billion during the same period last fiscal. Share of engineering in total merchandise exports rose to as high as 28.9 percent in November 2025, while it stood at 27.3 percent on a cumulative basis.

On a cumulative basis, 30 out of 34 engineering panels recorded growth, and the remaining four engineering panels, including aluminium and products, aircraft and spacecrafts, and ships, boats, and floating products and project goods, recorded negative growth during April-November 2025-26.