India trade data challenge shadow transshipment claim
In short
Between 2014 and 2024, India’s goods exports to the US rose 1.86 times, and US exports to India rose 1.94 times. India’s global exports also grew 1.36 times.
The report says this makes a “shadow transshipment” story harder to support. It does not show any specific shipment, company, or official action.
What the reporting says
Between 2014 and 2024, India’s goods exports to the US rose 1.86 times while US exports to India rose 1.94 times, according to the publisher summary. India’s global exports also increased 1.36-fold over the same period, which the report says is hard to square with a “mere pass-through” story aimed at one market. The data do not identify any specific transshipment case or policy response.
Why it matters
Between 2014 and 2024, India’s goods exports to the US and US exports to India both grew strongly, while India’s global exports also rose, according to the publisher summary. The report uses those figures to argue against a simple pass-through narrative centered on one market. It does not name any company, shipment, or official investigation, so the direct market or policy impact is not established.