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India’s Cumulative Exports Reach US$ 568.84 Billion in April–October 2026–27

By Sanjay Tuteja
  • Merchandise and Services Exports Register 16.66% Growth Compared to the Corresponding Period of 2025–26.

New Delhi. ; The cumulative exports (merchandise & services) during April-October 2026-27 are estimated at US$ 568.84 Billion, as compared to US$ 487.59 Billion in April-October 2025-26, an estimated growth of 16.66%.

The cumulative value of merchandise exports during April-October 2026-27 was US$ 309.06 Billion, as compared to US$ 253.40 Billion during April-October 2025-26, registering a positive growth of 21.96%.The cumulative Non-Petroleum exports in April-October 2026-27 valued at US$ 259.22 Billion registered an increase of 18.01% as compared to US$ 219.66 Billion in April-October 2025-26.Major drivers of merchandise export growth in October 2026 include Petroleum Products, Electronic Goods, Gems & Jewellery, Organic & Inorganic Chemicals, and Engineering GoodsPetroleum Products exports increased by 140.21% from US$ 3.70 Billion in October 2025 to US$ 8.89 Billion in October 2026.Electronic Goods exports increased by 62.70% from US$ 4.08 Billion in October 2025 to US$ 6.64 Billion in October 2026.Gems & Jewellery exports increased by 40.06% from US$ 2.29 Billion in October 2025 to US$ 3.21 Billion in October 2026Organic & Inorganic Chemicals exports increased by 36.20% from US$ 2.12 Billion in October 2025 to US$ 2.89 Billion in October 2026.Engineering Goods exports increased by 36.01% from US$ 9.37 Billion in October 2025 to US$ 12.74 Billion in October 2026.

प्रविष्टि तिथि: 13 NOV 2026 5:13PM by PIB Delhi

India’s total exports (Merchandise and Services combined) for October 2026* are estimated at US$ 89.99 Billion, registering a positive growth of 29.90 percent vis-à-vis October 2025. Total imports (Merchandise and Services combined) for October 2026* are estimated at US$ 110.07 Billion, registering a positive growth of 16.58 percent vis-à-vis October 2025.

Table 1: Trade during October 2026*

October 2026

(US$ Billion)

 October 2025

(US$ Billion)
Merchandise Exports 49.47 34.11
Imports 89.35 76.69
Services* Exports 40.51 35.17
Imports 20.72 17.73
Total Trade

(Merchandise +Services) *

 Exports 89.99 69.27
Imports 110.07 94.42
Trade Balance 20.09 25.15

* Note: The latest data for services sector released by RBI is for September 2026. The data for October 2026 is an estimation. (ii) Data for April-October 2025-26 and April-June 2026-27 has been revised on pro-rata basis using quarterly balance of payments data.

Fig 1: Total Trade during October 2026*

India’s total exports during April-October 2026-27* are estimated at US$ 568.84 Billion registering a positive growth of 16.66 percent. Total imports during April-October 2026-27* are estimated at US$ 662.19 Billion registering a growth of 16.00 percent.

Table 2: Trade during April-October 2026-27*

April-October 2026-27

(US$ Billion)

 April-October  2025-26

(US$ Billion)
Merchandise Exports 309.06 253.40
Imports 527.21 452.86
Services* Exports 259.78 234.18
Imports 134.98 117.98
Total Trade

(Merchandise +Services) *

 Exports 568.84 487.59
Imports 662.19 570.84
Trade Balance -93.35 -83.25

Fig 2: Total Trade during April-October 2026-27* 

 MERCHANDISE TRADE

  • Merchandise exports during October 2026 were US$ 49.47 Billion as compared to US$ 34.11 Billion in October 2025.
  • Merchandise imports during October 2026 were US$ 89.35 Billion as compared to US$ 76.69 Billion in October 2025.

Fig 3: Merchandise Trade during October   2026

  • Merchandise exports during April-October 2026-27 were US$ 309.06 Billion as compared to US$ 253.40 Billion during April-October 2025-26.
  • Merchandise imports during April-October 2026-27 were US$ 527.21 Billion as compared to US$ 452.86 Billion during April-October 2025-26.
  • Merchandise trade deficit during April-October 2026-27 was US$ 218.15 Billion as compared to US$ 199.46 Billion during April-October 2025-26.

Fig 4: Merchandise Trade during April-October 2026-27

  • Non-petroleum and non-gems & jewellery exports in October 2026 were US$ 37.38 Billion compared to US$ 28.11 Billion in October 2025.
  • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in October 2026 were US$ 57.35 Billion compared to US$ 43.42 Billion in October 2025.

Table 3: Trade excluding Petroleum and Gems & Jewellery during October 2026

October 2026

(US$ Billion)

 October 2025 (US$ Billion)
Non- petroleum exports 40.58 30.40
Non- petroleum imports 66.53 61.90
Non-petroleum & Non-Gems & Jewellery exports 37.38 28.11
Non-petroleum & Non-Gems & Jewellery imports 57.37 43.42

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 5: Trade excluding Petroleum and Gems & Jewellery during October 2026

  • Non-petroleum and non-gems & jewellery exports in April-October 2026-27 were US$ 240.73 Billion, compared to US$ 203.17 Billion in April-October 2025-26.
  • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-October 2026-27 were US$ 350.58 Billion, compared to US$ 288.09 Billion in April-October 2025-26.

Table 4: Trade excluding Petroleum and Gems & Jewellery during April-October2026-27

April-October2026-27

(US$ Billion)

 April-October2025-26

(US$ Billion)
Non- petroleum exports 259.22 219.66
Non- petroleum imports 390.56 345.98
Non-petroleum & Non Gems & Jewellery exports 240.73 203.17
Non-petroleum & Non Gems & Jewellery imports 350.58 288.09

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-October 2026-27

SERVICES TRADE

  • The estimated value of services export for October 2026* is US$ 40.51 Billion as compared to US$ 35.17 Billion in October2025.
  • The estimated value of services imports for October 2026* is US$ 20.72 Billion as compared to US$ 17.73 Billion in October2025.

Fig 7: Services Trade during October 2026*

  • The estimated value of service exports during April-October 2026-27* is US$ 259.78 Billion as compared to US$ 234.18 Billion in April-October 2025-26.
  • The estimated value of service imports during April-October 2026-27* is US$ 134.98 Billion as compared to US$ 117.98 Billion in April-October 2025-26.
  • The services trade surplus for April-October 2026-27* is US$ 124.80 Billion as compared to US$ 116.21 Billion in April-October 2025-26.

Fig 8: Services Trade during April-October2026-27*

  • Exports of Petroleum Products (140.21%), Other Cereals  (87.47%), Oil Meals (85.55%), Electronic Goods (62.7%), Handicrafts Excl. Hand Made Carpet (55.22%), Gems & Jewellery (40.06%), Cereal Preparations & Miscellaneous Processed Items (37.4%), Plastic & Linoleum (36.28%), Organic & Inorganic Chemicals (36.2%), Engineering Goods (36.01%), Meat, Dairy & Poultry Products (34.87%), Jute Mfg. Including Floor Covering (30.59%), Cotton Yarn/Fabs./Made-Ups, Handloom Products Etc. (29.96%), Man-Made Yarn/Fabs./Made-Ups Etc. (23.89%), Tea (23.04%), Carpet (20.64%), Rmg Of All Textiles (20.33%), Rice (18.39%), Marine Products (13.76%), Leather & Leather Products (12.73%), Mica, Coal & Other Ores, Minerals Including Processed Minerals (12.29%), Drugs & Pharmaceuticals (10.55%), Spices (9.11%), Coffee (8.51%), Ceramic Products & Glassware (4.88%),and Fruits & Vegetables (1.84%) recorded positive growth during October 2026 over the corresponding month of last year.
  • Imports of Cashew (-53.33%), Iron Ore (-51.81%), Tobacco (-18.01%), and Oil Seeds (-3.14%) recorded negative growth during October 2026 over the corresponding month of last year.
  • Services exports are estimated to grow by 10.93 percent during April-October 2026-27* over April-October 2025-26.
  • Top 5 export destinations, in terms of change in value, exhibiting positive growth in October 2026 vis a vis October 2025 are U S A (39.25%), Spain (352.07%), Singapore (139.1%), Malaysia (280.72%), and China P Rp (48.15%).
  • Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-October 2026-27 vis a vis April-October 2025-26 are U S A (14.48%), Singapore (107.5%), China P Rp (37.71%), Malaysia (106.87%), and Spain (88.38%).
  • Top 5 import sources, in terms of change in value, exhibiting growth in October 2026 vis a vis October 2025 are China P Rp (46.48%), Russia (73.17%), U S A (29.17%), Malaysia (88.51%), and Indonesia (75.07%)
  • Top 5 import sources, in terms of change in value, exhibiting growth in April-October 2026-27 vis a vis April-October 2025-26 are China P Rp (30.62%), Russia (54.83%), U S A (27.63%), Oman (202.32%), and Brazil (144.54%).

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Sanjay Tuteja
Sanjay Tuteja

Sanjay Tuteja is a Senior Journalist, Editor, Author, and Theatre Director with nearly 40 years of experience in journalism, education, and the performing arts. Throughout his distinguished career, he has reported on education, public policy, business, industry, commerce, social issues, culture, governance, and current affairs, earning recognition for his accurate, insightful, and impactful reporting. He served as Principal Reporter at Rashtriya Sahara, one of India's leading Hindi daily newspapers, and has contributed as a freelance journalist to several reputed newspapers, magazines, and digital news platforms. Over the years, he has written thousands of news reports, investigative stories, feature articles, opinion pieces, interviews, and editorials , covering a wide range of national and educational issues. Sanjay Tuteja is the Founder of Udaan – The Center of Theatre Art & Child Development, a non-profit organization dedicated to promoting theatre, creativity, child development, and life skills through the performing arts. Under his leadership, the organization has trained more than one lakh students through theatre workshops, educational programmes, and personality development initiatives conducted across schools and institutions. As an author at Business Dunia and EduAdvice*, Sanjay Tuteja specializes in education news, higher education, school education, government policies, career guidance, skill development, social issues, culture, and public affairs. His reporting is guided by a commitment to factual accuracy, ethical journalism, and public interest.

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