India's external sector has demonstrated steady resilience in the current financial year, with cumulative exports touching USD 720.76 billion during April-January 2025-26, marking a 6.15 per cent growth over USD 679.02 billion recorded in the corresponding period last year.
India is on track to cross USD 850 billion in total exports for the current financial year (FY 2025-26), driven by steady performance in both merchandise and services despite a challenging global economic climate.
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.
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 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 report mentioned that India's pharmaceutical industry is entering a decisive new phase marked by tighter supply chains, sustainable manufacturing pressures and an accelerated global shift toward advanced biologics.
Union Commerce and Industry Minister Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country has seen the lowest-ever inflation in the last few months and foreign exchange reserves continue to be strong.
India's trade flows have shown resilience despite global uncertainty and currency volatility, according to a report by SBI Research. During April to September of FY26, India's total merchandise exports rose by 2.9 per cent to USD 220 billion compared to USD 214 billion in the same period las
India registered sustained export growth in the first seven months of FY2025, reflecting resilience in the face of global economic uncertainty. According to data released by the Commerce Ministry, India's cumulative exports, combining merchandise and services, are estimated at USD 491.80 bil
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
India's overall exports, merchandise and services combined, in August 2025 were reported at USD 69.16 billion, marking a 9.34 per cent rise on a yearly basis, data from the Union Commerce Ministry showed on Monday. The total exports in August 2024 were pegged at USD 63.25 billion.