According to the United Nations, there are 193 sovereign Countries in the World.
Remove USA (& India as one is exporting from India), you still have a massive global market of 191 countries!
If the USA is stirring a Tariff Tempest, let us the Indians create a tenacity.
We give below a table with countries and products that we all can look to export now onwards:
A world without the USA
Countries & Regions India Should Focus On (Beyond the USA)
1.European Union (EU)
- Germany, France, Netherlands, Italy, Spain
- EU remains one of India’s largest trade partners.
- Big demand for pharma, textiles, auto components, IT services, chemicals, and agri-products.
- With ongoing EU–India Free Trade Agreement (FTA) negotiations, tariffs could reduce further.
- ASEAN & East Asia
- Vietnam, Indonesia, Malaysia, Thailand, Philippines
- Rising middle-class consumption, growing demand for gems, jewelry, leather, machinery, and food products.
- Vietnam in particular is becoming a hub for electronics & garments, where Indian textiles and inputs can fit in.
- Strong maritime logistics connections from Chennai, Vizag, and Kolkata ports.
- Middle East & GCC
- UAE, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain
- UAE is already India’s second-largest export market (after the U.S.).
- Big buyers of gems & jewelry, petroleum products, rice, meat, textiles, and engineering goods.
- India–UAE CEPA (2022) gives India duty-free access to ~90% of products.
- Africa
- South Africa, Kenya, Nigeria, Egypt, Tanzania, Ghana
- Rapidly urbanizing economies with demand for pharma, automobiles, machinery, textiles, food staples (rice, sugar, spices).
- Africa is less saturated and Indian products are more competitive compared to U.S./EU goods.
- Latin America
- Brazil, Mexico, Chile, Colombia, Peru
- Growing markets for pharma, auto parts, chemicals, textiles, engineering goods.
- Brazil is a major market for beef substitutes, agri inputs, and machinery.
- Mexico offers opportunities for auto components and electronics, especially under USMCA (can re-export into N. America).
- CIS & Russia
- Russia, Kazakhstan, Uzbekistan, Armenia
- Demand for pharma, food products, auto parts, textiles.
- With Russia facing Western sanctions, India is in a good position to expand trade, especially in energy-linked products and consumer goods.
- Oceania
- Australia & New Zealand
- Strong potential for pharma, IT services, textiles, food & beverages.
- The India–Australia ECTA (2022) reduces tariffs significantly, boosting competitiveness.
5 Quick Steps Indian Exporters Must Take Now
- Diversify Markets – Explore EU, ASEAN, Africa, Latin America, and Gulf instead of relying heavily on the U.S.
- Enhance Value & Quality – Move up the value chain with certified, innovative, and sustainable products.
- Leverage Govt. Schemes – Utilize incentives, credit support, and export promotion benefits announced by the Commerce Ministry.
- Strengthen Supply Chains – Invest in better logistics, local sourcing, and digital trade platforms.
- Collaborate & Adapt – Work with industry bodies, trade associations, and chambers to stay informed and aligned with global trends.