India's Exports Up 5.79% to $790.86B, Deficit at $310.60B

India's exports demonstrated resilience in the face of global economic headwinds during the April-February period of the 2025-26 financial year, rising 5.79 percent to 790.86 billion dollars, according to data released by the Ministry of Commerce and Industry. However, a surge in imports widened the merchandise trade deficit to 310.60 billion dollars, up from 261.80 billion dollars in the same period a year earlier, as the country grapples with heightened geopolitical tensions in West Asia disrupting supply chains.

The growth in combined merchandise and services exports reflects steady demand for Indian goods and services amid uncertainties like supply chain issues and commodity price fluctuations. Merchandise exports reached 402.93 billion dollars, a modest 1.84 percent increase from 395.66 billion dollars the previous year. Non-petroleum exports, a key indicator of underlying sector strength, climbed 5.03 percent to 354.12 billion dollars. Officials attributed this performance to diversification in export categories and robust international interest in sectors such as engineering goods, electronics, chemicals, gems and jewelry, and agricultural products.