How big is India's trade with Iran as Trump hits Iran's business partners with 25% tariff?
India, though not a major trading partner of Iran as China, would likely be impacted as US President Donald Trump imposed 25% tariffs on nations doing business with Iran. According to data, India exported goods worth $1.24 billion to Iran in FY25, and it imported goods worth $441.9 million. The largest share was that of organic chemicals worth $512.92 million.