Exports Growth

Despite global trade disruptions stemming from the West Asia conflict and the imposition of US tariffs, India's exports reached a record high of USD 863 billion in Financial Year 2025-26, a senior Commerce Ministry official said on Wednesday. "This has been a very difficult year, from US tariffs to West Asia crises, but despite that, we have proved that India is very resilient as far as the export ecosystem is concerned. India's total exports reached an all-time high of USD 863 billion in FY 2025-26," said Additional Secretary in the Department of Commerce, Ajay Bhadoo. Bhadoo was speaking at the Outreach Programme: 12 years of achievements and progress of SEZs of Gujarat & vision of future" in Ahmedabad. He said India's overall exports have nearly doubled from approximately USD 441 billion to USD 863 billion over the last decade, led by sectors such as engineering goods, petroleum products, electronics, pharmaceuticals, gems & jewellery, and chemicals. He added that Gujarat ..

The 18 per cent growth in the country's merchandise exports reflects the increasing integration of Indian companies into global value chains and the diversification of export markets, experts said on Tuesday. India's exports climbed to a six-month high of 18 per cent to USD 45.2 billion in May, while the trade deficit widened to USD 28.21 billion, driven by increased imports of petroleum products amid higher crude oil prices. The increase in the outbound shipments is a reflection of the growing competitiveness of Indian industry and the confidence that global markets continue to place in Indian products, Sanjay Budhia, CII's Co-chair National Committee on Exports and MD, Patton International Ltd, said. He said that the healthy growth in exports during the first two months of 2026-27 also highlights the increasing integration of Indian enterprises into global value chains and their ability to respond to evolving international demand. During April-May 2026-27, exports rose 16.09 per

MOFSL today initiated coverage on Bharat Dynamics with a 'Neutral' rating and a target price of ₹1,900, indicating a downside of 4 per cent from current levels.

Trade deficit widens to $27 bn as imports hit a high

India has absorbed nearly 50 per cent of the decline in mobile phone exports from China and Vietnam, although China remains the leading exporter of mobile phones

Commerce and Industry minister Piyush Goyal has exuded confidence that during this fiscal, the country's goods and services export numbers will be at the same level; as it was last year despite slowdown and uncertainties in the global trade. He also said that the government measures such production-linked incentives schemes and focus on high-quality goods and services would help in containing the country's trade deficit. So our trade deficit will be significantly lower than last year. "I am happy to share with you that we close the current year in March at the same level as last year. We have a little bit of an adjustment between goods and services, but collectively we will be at the same level as last year, which will be a very, very significant achievement given that most developing countries and less developed countries are seeing a fall in their international trade," Goyal told PTI in an interview. Cumulatively, the country's merchandise exports in April-January 2023-24 contrac

The country's exports increased 3.12 per cent on-year to USD 36.92 billion in January, according to the data released by the government on Thursday. Imports rose by about 3 per cent year-on-year to USD 54.41 billion in January this year. Trade deficit in January, 2024 stood at USD 17.49 billion. During April-January this financial year, exports dipped by 4.89 per cent to USD 353.92 billion. Imports slipped by 6.71 per cent to USD 561.12 billion. Commerce Secretary Sunil Barthwal said despite global uncertainties, "we have" recorded positive growth.

Exports grew a whopping 102 per cent year-on-year at 36,883 units in the previous month, it stated

Electronics exports from India to the US jumped over two-fold year-on-year to USD 6.6 billion during January-September 2023, industry body ICEA has said. India Cellular and Electronics Association Chairman Pankaj Mahindroo told PTI that this is an all-time high electronics export from India, while the share of electronics imported from China into the US market has declined. "Recent data highlights a notable surge in India's electronics exports to the US, which increased by approximately 253 per cent to an estimated USD 6.6 billion in the current year (January-September), compared to an estimated USD 2.6 billion in the same period last year," Mohindroo said. According to data shared by ICEA, India's electronics exports to the US increased by more than 300 per cent from an estimated USD 1.3 billion in 2018 to an estimated USD 4.5 billion in 2022. The bilateral electronics trade between India and the US has also seen an impressive rise of 84 per cent, with the current estimate standin

Apparel exports are expected to reach USD 40 billion by 2030 on account of initiatives such as exploring new destinations and fostering strategic partnerships, AEPC said on Friday. Apparel Export Promotion Council of India (AEPC) Chairman Naren Goenka said that to achieve this target, the council will focus on innovation, expanding market and product basket, practice sustainability and responsible business practices. "We have set an ambitious goal of achieving apparel exports of USD 40 billion by the year 2030. This target, aptly named '40 by 30' reflects our commitment to reaching new heights and pushing our limits in the ongoing decade," he said in a statement. He also said that Commerce and Industry and Textiles Minister Piyush Goyal will present exports awards to ready-made garment exporters on December 9 here. The awards recognize contributions made by Indian apparel exporters in building modern enterprises. "Apart from adding to the growth of our international trade, these .

Cotton exports are estimated to decline 64 per cent in 2022-23 marketing year ended September due to higher prices of the commodity in the domestic market, Cotton Association of India (CAI) said on Monday. The cotton marketing year begins from October. Cotton export during 2021-22 marketing year was 43 lakh bales which fell to 15.50 lakh bales in 2022-23, according to CAI data. "The plunge in exports to 15.50 lakh bales in 2022-23, is mainly due to higher cotton prices in India, which was much higher than the global prices, during October till March. The high prices have impacted cotton exports from India," CAI President Atul Ganatra told PTI. Cotton imports are also expected to decline in 2022-23 by 2.50 lakh bales to 12.50 lakh bales following higher import duty, Ganatra added. Meanwhile, CAI has estimated cotton pressing numbers for 2022-23 season at 318.90 lakh bales as against its forecast of 311.18 lakh bales in the previous month. In 2021-22, the total cotton pressing stood

The RoDTEP scheme was introduced in September 2021 for exports made with effect from January 1, 2021

Prices of vegetables, led by tomatoes, shot up 37.3 per cent annually in July, while pulses, cereals, and spices witnessed double-digit inflation

Outbound shipments drop 22% to $33 bn; imports decline over 17% to $53 bn

India's failure to grab the opportunity is reflected in the fact that its share of US electronics imports was an abysmal 0.8 per cent in 2022

There is no requirement under FEMA that you must have an IEC before receiving advance payment for exports

They can utilise opportunities for greater market access generated by free trade agreements

Trade weakness would affect growth

Speculation on what the new Foreign Trade Policy, to be unveiled this month-end, may contain has engaged the attention of exporters and importers

The government has removed the benefit of 4 per cent Merchandise Exports from India Scheme on exports of made ups and garments with retrospective effect, that is, from March 7, 2019