India’s exports rise 4.22% to $860.09 billion in FY26; imports grow faster, widening trade deficit

April 15, 2026 4:57 PM

India’s exports rise 4.22% to $860.09 billion in FY26; imports grow faster, widening trade deficit

India’s exports grew by 4.22 per cent to USD 860.09 billion in the financial year 2025–26, while imports rose at a faster pace of 6.47 per cent to around USD 970 billion, resulting in a widening of the overall trade deficit, according to data shared by Commerce Secretary Rajesh Agrawal. The data shows that total exports increased from USD 825.26 billion in 2024–25 to USD 860.09 billion in 2025–26. Meanwhile, imports rose from USD 919.92 billion in the previous financial year to approxim...

India’s merchandise exports rise 6.75% in September despite global trade headwinds

October 15, 2025 9:10 PM

India’s merchandise exports rise 6.75% in September despite global trade headwinds

India’s merchandise exports rose by 6.75% in September 2025 to USD 36.38 billion, compared to USD 34.08 billion in the same month last year, according to data released by the Ministry of Commerce and Industry on Wednesday. The growth comes despite tariff hikes by major trading partners, including the United States, and a challenging global trade environment. However, the trade gap widened as imports surged 16.7% year-on-year to USD 68.53 billion, compared to USD 58.74 billion in September 20...

India’s export rose 2.77% in May at $71.12 billion; trade deficit narrowed

June 16, 2025 4:51 PM

India’s export rose 2.77% in May at $71.12 billion; trade deficit narrowed

India's overall exports, comprising both merchandise and services, rose 2.77 percent year-on-year in May 2025 to $71.12 billion, up from $69.20 billion in the same month last year, according to data released by the Commerce Ministry on Monday. While merchandise exports dipped slightly to $38.73 billion from $39.59 billion, services exports grew to $32.39 billion from $29.61 billion in May 2024. On the import side, India’s total goods and services imports in May stood at $77.75 billion, sligh...

US State Department revises China webpage to focus on trade, business curbs

February 20, 2025 4:13 PM

US State Department revises China webpage to focus on trade, business curbs

The U.S. State Department has changed references to China on its website, emphasising the trade deficit in an expanded section on economic ties, while dropping talk of working with allies and assistance to China on cultural and environmental issues. The February 13 changes underscore the new administration's focus on trade and other priorities after removing a phrase last week from the department's Taiwan fact sheet about not supporting the island's independence, which angered Beijing. China's...

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

January 2, 2025 5:12 PM

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

As 2025 begins amidst heightened global uncertainties, India continues to be in a much stronger position with high-frequency indicators showing a pick-up in the pace of growth in the third quarter of the current fiscal (Q3 FY25), according to a report on Thursday. GST collections, services purchasing managers' index (PMI), air passenger growth, and vehicle registrations saw a notable improvement in Q3 versus Q2, according to a Bank of Baroda (BoB) report. On the other hand, in China, while the...

India’s trade deficit widens in August amid decline in crude oil exports: CRISIL report

September 20, 2024 11:03 AM

India’s trade deficit widens in August amid decline in crude oil exports: CRISIL report

India's trade deficit widened in August, primarily due to a decline in oil exports caused by falling crude prices, according to a recent report by CRISIL. The report highlights that the drop in crude oil prices, a key export commodity for India, has significantly impacted the country's overall export performance. Petroleum products remain a major component of India’s exports, with key destinations including the Netherlands, Singapore, Australia, and South Africa, as per Ministry of Commerce d...

India’s July exports up 2.8% at USD 62.4 billion, trade deficit widens to USD 9.6 billion

August 14, 2024 4:28 PM

India’s July exports up 2.8% at USD 62.4 billion, trade deficit widens to USD 9.6 billion

India's overall exports, merchandise and services combined, in July were to the tune of USD 62.42 billion, a 2.81 rise on a yearly basis, Commerce Ministry data showed on Wednesday. Same month last year it was USD 60.71 billion. Exports of merchandise goods declined from USD 34.49 billion to USD 33.98 billion and exports of services rose from USD 26.22 to USD 28.43 billion during the month. India's overall exports, merchandise, and services combined in June were to the tune of USD 65.47 billio...