Exports

India exports up 18% at $45.2 bn in May; trade deficit widens to $28.21 bn

The country's merchandise exports rose 18 per cent to USD 45.2 billion, according to the commerce ministry data. Imports, too, grew 20.62 per cent to USD 73.41 billion in May, leaving a trade deficit of USD 28.21 billion. India's merchandise exports rose to USD 88.91 billion during April-May 2026-27, marking a 16.09 per cent growth over the corresponding period last year. India's exports to West Asia in May was marginally down at USD 5.30 billion against USD 5.38 billion in May 2025, Commerce Secretary Rajesh Agrawal said.

12 years of NDA: A mixed record in foreign trade, tariffs and FTAs

While services exports have expanded sharply over the past decade, India's share of global merchandise exports has remained largely unchanged despite multiple trade policy reforms

Chatroom: Clarifications on MTT, Incoterm, self-sealing, authorisations

Experts clarify RBI norms on merchanting trade, DPU vs DAP usage, self-sealing permissions and EPCG authorisation rules for exporters

Rajasthan govt increases export technology upgrade grant to ₹1 crore

Rajasthan has doubled the tech upgradation grant under its export policy to boost competitiveness and support exporters adopting modern technology

Indonesia unveils plan to centralise control of commodity exports

Prabowo Subianto plans tighter state control over commodity exports to boost revenues and influence global pricing

India's exports at 4-year high, but bullion imports widen trade deficit

India's merchandise exports and imports recorded double-digit growth in April despite supply chain disruptions caused by the ongoing conflict in West Asia

China exports jump 14.1% in April despite Iran war, US tariff pressures

China's exports rose 14.1% in April from a year earlier, the government said Saturday, despite the Iran war and lingering impacts from higher US tariffs. The data were released just days ahead of a planned meeting next week between US President Donald Trump and Chinese leader Xi Jinping in Beijing. That beat analysts' estimates and was a significant improvement from March's 2.5% year-on-year expansion. Imports climbed 25.3%, slower than the 27.8% growth in March but still robust. The Trump-Xi summit comes at a time when relations are beset by multiple issues, with efforts to end the war in Iran eclipsing the usual sources of friction. "We're expecting that overall external demand will remain a solid driver of growth this year," said Lynn Song, chief economist for Greater China at Dutch bank ING, likely led by China's exports of semiconductors and autos. In March, Chinese leaders set an annual economic growth target of 4.5% to 5%, slightly lower than last year's 5% expansion and t

CBIC clarification fixes one SEZ anomaly, ignores another concern

CBIC's SEZ clarification eases drawback claims on re-exports, but gaps persist for DTA-to-SEZ supplies, calling for a broader, consistent tax interpretation

Exports see healthy rise in April despite West Asia challenges: Goyal

The country's exports have shown a healthy increase during the first three weeks of April so far despite challenges due to the ongoing West Asia crisis, Commerce and Industry Minister Piyush Goyal said on Wednesday. He added that the consignments to West Asia are going through different routes because the Strait of Hormuz is "still a challenge". Goyal also said that free trade agreements finalised by India would give a huge boost to the domestic industry. "There is an increase in exports during the first three weeks of April as compared to the same period of last April... Despite the war in West Asia, there is tremendous enthusiasm among domestic exporters," Goyal told reporters here. The trade data for April will be released by the commerce ministry on May 15. Exports posted the steepest fall in five months, declining by 7.44 per cent in March to USD 38.92 billion due to trade uncertainty and geopolitical tensions, with shipments to West Asia contracting by more than 50 per cent

Epic Group opens first India garment unit with $100 million investment

Epic Group has opened its first garment manufacturing unit in India with a $100 million investment, aiming to boost exports, create jobs and strengthen Odisha's role in global supply chains

India's Seafood sector | Exports at record high, but problems persist: Know more | Fisheries

India’s seafood exports hit a record ₹72,325 crore in FY26. But exporters say the headline number hides deeper stress: falling demand in the US, currency-driven gains,

Centre allows extra 25 lakh tonnes wheat export amid strong harvest outlook

The Centre on Monday allowed export of an additional 25 lakh tonne of wheat considering comfortable stock position amid likelihood of another strong harvest. With this, a total of 50 lakh tonne of wheat and 10 lakh tonne of wheat products have now been permitted for exports. "In view of the comfortable production outlook and higher stock availability, permitting additional exports was considered appropriate," the food ministry said in a statement. The export of additional quantity of wheat is expected to enhance market liquidity, facilitate efficient stock management, and prevent distress sales during the peak arrival season. It will also help stabilise domestic prices and strengthen farmers' incomes, while ensuring that the country's food security remains fully safeguarded. The country's wheat production is pegged at 120.2 million tonne for 2025-26 crop year (July-June) as per the second advance estimate of the agriculture ministry. The higher production was due to increase in w

Centre hikes export duty on diesel to ₹55.5/l, ATF to ₹42/l; petrol nil

The Finance Ministry effected the hike through five notifications by raising the Special Additional Excise Duty on diesel to ₹24 per litre and adjusting the Road and Infrastructure Cess

West Asia war hits henna exports from Rajasthan's Sojat, cargo stuck

Traders say the continuing conflict has severely impacted business operations, with its ripple effects being felt across countries, cities and even rural markets

War-delayed cargo, export mission schemes and a curious court ruling

Experts explain insurance limits on cargo delays due to war disruptions, clarify DGFT export schemes for large firms, and decode the Supreme Court ruling on DEEC benefits and licence validity

Delhi High Court allows Dr Reddy's to make semaglutide for export

The Delhi High Court has upheld an order permitting Dr Reddy's Laboratories to manufacture semaglutide in India solely for export, rejecting Novo Nordisk's appeal in the ongoing patent dispute

Exim Matters: Rodtep rates cut as remissions rise amid flat export growth

Govt halves Rodtep benefits to rein in rising payouts amid stagnant exports, tighter Budget allocations, while exempting agriculture and pushing exporters to improve compliance with annual returns

US solar duty shock may disrupt India's exports, spurs call for SEZ relief

With the US imposing a 125.87% duty on Indian solar equipment, industry players warn of export disruption and renew calls for SEZ manufacturers to sell in the domestic market without duty impact

Rajasthan allocates ₹30 crore to promote small entrepreneur exports

Rajasthan govt will provide ₹30 crore in financial support to small entrepreneurs to participate in domestic and international fairs under MSME, Export Promotion, and One District One Product schemes

Nepal's soyoil exports to India in 2025 jump tenfold on duty-free access

India imported a record 694,153 metric tons of soyoil from Nepal in 2025, up from 65,138 tons a year ago, according to data compiled by India's Ministry of Commerce and Industry