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Handmade Carpets & Rugs export data
USD 2.0 billion
India carpet exports, FY25 - Bhadohi supplies ~60%
Marked points are reference figures. The curve between and beyond them is Obten’s estimate.
sources & methodology
INR crore, India carpet exports, all clusters. FY24 and FY25 per CEPC. Earlier years are Obten estimates anchored to Department of Commerce and IBEF USD series converted at yearly average rates; FY26 reflects the US tariff impact. FY27 is an Obten projection: the US tariffs behind the FY26 dip eased sharply in February 2026, with the 25 percent punitive duty removed and the reciprocal rate cut to 18 percent, and after the Supreme Court struck down the IEEPA tariffs a Section 122 surcharge near 15 percent replaced them, so FY27 runs against a far lower US wall than the FY26 base. The India-EU FTA concluded in January 2026 is a further forward signal, but its preferential duties apply only from entry into force, expected in 2027. The FY23 dip reflects the global home goods demand slump.