India's goods exports are expected to contract by around 1 per cent in FY26, compared to a marginal growth registered last year, according to a report by CareEdge Ratings.
The trade deficit of the country is likely to settle around current levels of November in the near to medium term, with a weaker rupee expected to help keep the gap between exports and imports under control, according to a report by Nuvama.
During 2025-26, exports began at USD 1.39 billion in April, climbed to USD 1.62 billion in May, and after a brief moderation in the mid-year months, gained momentum from September onward. Exports rose from USD 1.46 billion in September to USD 1.63 billion in October, reaching a peak of USD 2
Overall trade, including merchandise and services, recorded exports of USD 73.99 billion in November 2025, up from USD 64.05 billion in the same month last year. Imports during the period declined marginally to USD 80.63 billion from USD 81.11 billion.
Mexico's decision to sharply raise import duties on goods from countries without a free-trade agreement will significantly disrupt India's exports beginning January 1, 2026, according to a new report by the Global Trade Research Initiative (GTRI).
India's external sector is showing mixed signals as merchandise exports lose momentum amid tariff-related disruptions, however services exports continue to provide critical support to the country's current account position, noted a report by CareEdge.
India must insist on balanced outcomes in the ongoing trade negotiations with the United States and remain extremely cautious about extending concessions on agricultural crops or genetically modified (GMO) products, the Global Trade Research Initiative (GTRI) has said in a detailed note.
India took a major step to strengthen its export ecosystem with the launch of the Export Promotion Mission (EPM), a unified framework approved in the Union Budget 2025-26. The Mission was designed to provide Indian exporters, especially MSMEs and first-time exporters, with simpler, faster
India has the potential to raise its merchandise exports to Russia from about USD 5 billion to nearly USD 35 billion by 2030, according to a GTRI report, as President Vladimir Putin's visit to Delhi places renewed focus on narrowing the wide trade gap between the two countries.
The WTO report, released earlier this week, according to GTRI, pointed to a marked cooling in global merchandise trade after the tariff-driven surge earlier in the year.
India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank G