29-June-2026
Economy News
 
Engineering exports to West Asia rebound in May after April-March dip
29-Jun-2026

Engineering exports to key markets in West Asia staged a sharp rebound in May as the exporters found alternative routes, ports and even vessels get to the markets of the United Arab Emirates (UAE) and Saudi Arabia. Engineering exports to UAE grew 81.7% on year to $ 1.24 billion in May after contracting 66.8% in March when the war in West Asia started and shrinking 31.7% in April. A similar trend was seen in shipments to Saudi Arabia. In May growth in engineering exports was at 11.6% to $ 375.9 million. In March the decline of 45% was recorded while in April the engineering exports to Saudi Arabia were down 9.7%.

News Source:- https://www.financialexpress.com/policy/economy/engineering-exports-to-west-asianbspnbspreboundnbspin-may-after-april-march-dipnbsp/4278383/?ref=economy_hp