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        Customs & Trade

        Goods, services exports up 4.59 pc to USD 863.11 bn in FY26

        May 6, 2026

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        New Delhi, May 6 (PTI) The country's goods and services exports rose 4.6 per cent to an all-time high of USD 863.11 billion during 2025-26, up from USD 825.26 billion in 2024-25, despite global economic uncertainties, according to revised commerce ministry data.

        Merchandise exports grew 0.93 per cent to USD 441.78 billion in the last fiscal year from USD 437.70 billion in 2024-25, the data showed.

        "Despite global uncertainties and challenges in goods trade, India's merchandise exports maintained its upward trajectory, contributing significantly to the total export basket," an official said.

        The standout performer, however, remains services exports, which surged to an all-time high of USD 421.32 billion in 2025-26, compared to USD 387.55 billion in 2024-25, recording a growth of 8.71 per cent.

        "This sharp rise underscores the expanding global demand for services such as IT, business solutions, and professional expertise, reinforcing the country's strength in the services sector," the official added. PTI RR TRB

        Services exports drive India's overall export growth as merchandise trade shows modest gains despite global uncertainty. India's goods and services exports rose in 2025-26 to an all-time high, with merchandise exports showing modest growth and services exports increasing more sharply. The rise in services exports, driven by stronger global demand for IT, business solutions, and professional expertise, underscored the economy's resilience and its contribution to the total export basket.
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                                Services exports drive India's overall export growth as merchandise trade shows modest gains despite global uncertainty.

                                India's goods and services exports rose in 2025-26 to an all-time high, with merchandise exports showing modest growth and services exports increasing more sharply. The rise in services exports, driven by stronger global demand for IT, business solutions, and professional expertise, underscored the economy's resilience and its contribution to the total export basket.





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                                ActsIncome Tax
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