Electronics exports increased 11.62% year-on-year in May to $5.09 billion despite the supply chain disruption caused by the US-Iran war, showed official figures released on Tuesday. While shipments to the United Arab Emirates (UAE) slowed, shifting trade flows towards the United States pushed up cumulative electronics exports 24.4% to $10.27 billion in the first two months of 2026-27.
Latest data from the Commerce Department showed that the US accounted for $2.93 billion or 57.5% of all electronics exports as of April. Within this, $2.43 billion worth of smartphone shipments anchored the growth. Overall, smartphone consignments rose by 47% to $3.42 billion in April.
