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India Hits Record $860 Bn Exports in FY26, Powered by Services and March Surge
Services exports rose to $418.31 billion, helping total exports climb even as imports increased faster and widened India’s trade deficit, officials said.
- India recorded a record $860.09 billion in total exports during FY2025-26, marking a 4.22 per cent increase; however, imports grew faster at 6.47 per cent to reach approximately $970 billion, according to Commerce Secretary Rajesh Agrawal.
- The overall trade deficit widened to $119.30 billion in FY2025-26, up from $94.66 billion in FY25, reflecting imports outpacing export growth throughout the fiscal year.
- Services exports proved vital, while merchandise exports saw a modest 0.93 per cent rise to $441.78 billion, with strong performance in engineering goods and petroleum products providing a robust finish to the fiscal year.
- Excluding petroleum and gems and jewellery, the trade surplus narrowed by $3.74 billion, falling to $75.00 billion from $78.74 billion, reflecting structural shifts in India's trade profile as services take a more prominent role.
- Analysts say sustaining export momentum depends on global demand recovery and commodity price trends, with future growth relying on continued policy support aimed at diversifying export markets and boosting manufacturing competitiveness.
11 Articles
11 Articles
India achieves record exports of USD 860 billion in 2025-26: Piyush Goyal
India has set a new export record, reaching $860 billion in shipments for the fiscal year 2025-26. This achievement surpasses the previous year's $825 billion. The nation's exports demonstrate resilience against global challenges. Nine new trade agreements are expected to boost this growth further, opening new markets and opportunities across various sectors.
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LatestlyIndia hits record $860 bn exports in FY26 as petroleum, engineering goods power March surge
India's exports scaled a fresh peak in FY 2025-26, with combined merchandise and services shipments crossing the $860 billion mark for the first time, underscoring sustained momentum and a stronger foothold in global trade.
India’s exports cross US$ 860 Billion in FY 2025–26; FIEO applauds strong performance
NEW DELHI : The Federation of Indian Export Organisations (FIEO) has welcomed India’s robust foreign trade performance in FY 2025–26, with total exports (merchandise and services) crossing a significant milestone of US$ 860.09 billion, reflecting the resilience and competitiveness of the export sector. Merchandise exports during the year stood at US$ 441.78 billion, while total exports in March 2026 alone reached US$ 74.11 billion. Overall impor…
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