India's Exports Surge by 4.22% to Reach $860.09 Billion in FY26
Synopsis
India's exports have demonstrated a significant growth of 4.22%, amounting to $860.09 billion in FY26. This increase highlights the resilience of the economy amidst global challenges, driven by strong performance in merchandise and service sectors.
Key Takeaways
India's total exports rose by 4.22% to $860.09 billion in FY26.
Merchandise exports totaled $441.78 billion, a growth of 0.93%.
Service exports estimated at $418.31 billion, with a 7.94% growth.
Non-petroleum exports reached $359.67 billion, up from $344.50 billion.
Key growth sectors include petroleum, engineering goods, and cereals.
New Delhi, April 15 (NationPress) India’s overall export figures, encompassing both merchandise and services, have shown a remarkable increase of 4.22% reaching $860.09 billion for the fiscal year 2026, up from $825.26 billion in 2025.
The total value of merchandise exports for FY26 was $441.78 billion, slightly rising from $437.70 billion in FY25, marking a growth of 0.93%.
Data from the Commerce Ministry indicated that the estimated value of service exports for FY26 was $418.31 billion, compared to $387.55 billion in the previous year.
Service exports are projected to grow by 7.94% during FY 2025-26 in comparison to FY 2024-25, according to the report.
In March, merchandise exports totaled $38.92 billion, down from $42.05 billion in March 2025.
Service exports for March were estimated at $35.20 billion, compared to $35.63 billion in March 2025.
Excluding petroleum and gems and jewelry, non-petroleum exports for FY26 were $359.67 billion, an increase from $344.50 billion in FY25.
Key contributors to the growth in merchandise exports during March included items like petroleum products, engineering goods, mica, coal, minerals (including processed minerals), cereals, and handicrafts.
Petroleum product exports rose by 5.88%, increasing from $4.90 billion in March 2025 to $5.18 billion in March 2026.
Exports of engineering goods also increased by 1.13%, from $10.82 billion to $10.94 billion during the same period.
Significantly, other cereals saw a staggering increase of 108.23%, rising from $0.03 billion in March 2025 to $0.06 billion in March 2026.
In terms of value changes, the top five export destinations showing positive growth in March 2026 were Singapore, Malaysia, China, Tanzania, and Sri Lanka.
For the entire fiscal year (FY26), the top five export destinations with notable growth were China, Spain, Hong Kong, Vietnam, and Sri Lanka, according to the data.
Point of View
The rise in India's export figures showcases the resilience and adaptability of the country's economy. Despite global challenges, the growth in both merchandise and services reflects a robust economic framework, suggesting positive trends for future fiscal periods.
NationPress
28 Jun 2026
Frequently Asked Questions
What was the total value of India's exports in FY26?
India's total exports in FY26 reached $860.09 billion, marking a growth of 4.22% from the previous fiscal year.
Which sectors contributed to the growth in exports?
Key sectors contributing to the growth include petroleum products, engineering goods, mica, coal, and various cereals.
How much did service exports grow in FY26?
Service exports are estimated to have grown by 7.94% during FY 2025-26 compared to FY 2024-25.
What were the top export destinations for India in FY26?
The top export destinations exhibiting positive growth included China, Spain, Hong Kong, Vietnam, and Sri Lanka.
How did non-petroleum exports perform in FY26?
Non-petroleum and non-gems and jewelry exports stood at $359.67 billion in FY26, an increase from $344.50 billion in FY25.
