India’s cumulative exports of merchandise and services during April–June 2026-27 are estimated at US$ 232.73 billion, recording a growth of 11.37 per cent over US$ 208.98 billion during the corresponding period of 2025-26.
The country’s total imports of merchandise and services during April–June 2026-27 are estimated at US$ 270.15 billion, registering growth of 17.55 per cent over US$ 229.82 billion in the corresponding period of the previous year. The overall trade deficit during the period stood at US$ 37.42 billion.
Total exports reach US$ 73.45 billion in June 2026
India’s total exports, comprising merchandise and services, during June 2026 are estimated at US$ 73.45 billion, as compared to US$ 67.09 billion in June 2025, registering year-on-year growth of 9.48 per cent.
Total imports during June 2026 are estimated at US$ 88.76 billion, compared to US$ 69.98 billion in June 2025, reflecting growth of 26.85 per cent. The overall trade deficit for June 2026 is estimated at US$ 15.32 billion.
Merchandise exports record strong growth
Merchandise exports during June 2026 stood at US$ 40.41 billion, compared to US$ 34.98 billion in June 2025, indicating growth of approximately 15.52 per cent.
Merchandise imports during the month were valued at US$ 70.84 billion, compared to US$ 54.08 billion in June 2025.
During April–June 2026-27, cumulative merchandise exports increased by 15.92 per cent to US$ 129.32 billion, from US$ 111.57 billion during April–June 2025-26.
Cumulative merchandise imports during the period stood at US$ 216.18 billion, compared to US$ 180.31 billion in the corresponding period of the previous year. The merchandise trade deficit consequently stood at US$ 86.86 billion.
Non-petroleum exports maintain positive momentum
Non-petroleum exports during April–June 2026-27 were valued at US$ 106.30 billion, registering growth of 12.44 per cent over US$ 94.54 billion during the same period of 2025-26.
Non-petroleum exports during June 2026 stood at US$ 35.54 billion, compared to US$ 30.51 billion in June 2025.
Exports excluding petroleum and gems and jewellery during June 2026 increased to US$ 33.13 billion, from US$ 28.73 billion during June 2025.
During April–June 2026-27, non-petroleum and non-gems and jewellery exports rose to US$ 99.04 billion, compared to US$ 87.88 billion during the corresponding period of 2025-26.
Gems and jewellery, engineering goods and electronics lead export growth
Major drivers of merchandise export growth during June 2026 included gems and jewellery, engineering goods, organic and inorganic chemicals, electronic goods and rice.
Exports of gems and jewellery increased by 34.64 per cent, from US$ 1.79 billion in June 2025 to US$ 2.41 billion in June 2026.
Engineering goods exports grew by 20.74 per cent, from US$ 9.51 billion to US$ 11.48 billion.
Exports of organic and inorganic chemicals increased by 19.42 per cent, from US$ 2.32 billion to US$ 2.77 billion.
Electronic goods exports rose by 18.93 per cent, from US$ 4.14 billion in June 2025 to US$ 4.93 billion in June 2026.
Rice exports increased by 16.48 per cent, from US$ 0.86 billion to US$ 1 billion during the same period.
Broad-based growth across export sectors
Several other product categories also recorded positive growth during June 2026. Exports of other cereals increased by 244.29 per cent, while handicrafts excluding handmade carpets grew s per cent.
Petroleum products, cotton yarn and made-ups, drugs and pharmaceuticals, processed food products, man-made yarn and fabrics, and fruits and vegetables also registered positive growth during the month.
Services exports estimated at US$ 103.41 billion
Services exports during June 2026 are estimated at US$ 33.03 billion, compared to US$ 32.11 billion in June 2025. Services imports are estimated at US$ 17.92 billion, compared to US$ 15.90 billion in the corresponding month of the previous year.
During April–June 2026-27, services exports are estimated at US$ 103.41 billion, compared to US$ 97.41 billion during April–June 2025-26, reflecting estimated growth of 6.16 per cent.
Services imports during the first quarter are estimated at US$ 53.97 billion, compared to US$ 49.51 billion in the corresponding period of the previous year.
The services trade surplus during April–June 2026-27 is estimated at US$ 49.43 billion, compared to US$ 47.90 billion during April–June 2025-26.
The services data for June 2026 are estimates, as the latest services-sector data released by the Reserve Bank of India relate to May 2026.
Export growth recorded across key destinations
Among major export destinations showing significant growth in value during June 2026, exports to Oman increased by 189.60 per cent, South Africa by 114.04 per cent, Malaysia by 99.18 per cent, Singapore by 48.91 per cent and China by 31.49 per cent.
During April–June 2026-27, major destinations recording export growth included Tanzania, Sri Lanka, Singapore, South Africa and China.
Trade performance reflects resilience of India’s export sector
The positive performance of merchandise and services exports during the first quarter of 2026-27 reflects the resilience and growing diversification of India’s export sector.
Strong growth across engineering goods, electronic products, chemicals, gems and jewellery, agricultural products and processed commodities has supported the overall expansion in exports despite continuing uncertainties in the global trading environment.
The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2284139®=48&lang=1
