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The cumulative exports (merchandise & services) during April-January 2025-26 is estimated at US$ 720.76 Billion, as compared to US$ 679.02 Billion in April-January 2024-25, an estimated growth of 6.15%
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....he cumulative exports (merchandise & services) during April-January 2025-26 is estimated at US$ 720.76 Billion, as compared to US$ 679.02 Billion in April-January 2024-25, an estimated growth of 6.15%<BR>Customs, DGFT & SEZ<BR>Dated:- 17-2-2026<BR><BR>The cumulative value of merchandise exports during April-January 2025-26 was US$ 366.63 Billion, as compared to US$ 358.75 Billion during April-January 2024-25, registering a positive growth of 2.20% The cumulative Non-Petroleum exports in April-January 2025-26 valued at US$ 320.94 Billion registered an increase of 4.89% as compared to US$ 305.98 Billion in April-January 2024-25 Major drivers of merchandise exports growth in January 2026 include Engineering Goods, Petroleum Products, Mea....
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....t, Dairy & Poultry Products, Marine Products and Iron Ore Engineering Goods exports increased by 10.37% from US$ 9.42 Billion in January 2025 to US$ 10.40 Billion in January 2026 Petroleum Products exports increased by 8.55% from US$ 3.48 Billion in January 2025 to US$ 3.77 Billion in January 2026 Meat, Dairy & Poultry Products exports increased by 17.92% from US$ 0.52 Billion in January 2025 to US$ 0.61 Billion in January 2026 Marine Products exports increased by 13.29% from US$ 0.54 Billion in January 2025 to US$ 0.61 Billion in January 2026 Iron Ore exports increased by 31.54% from US$ 0.16 Billion in January 2025 to US$ 0.21 Billion in January 2026 • India's total exports (Merchandise and Services combined) f....
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....or January 2026* is estimated at US$ 80.45 Billion, registering a positive growth of 13.17 percent vis-à-vis January 2025. Total imports (Merchandise and Services combined) for January 2026* is estimated at US$ 90.83 Billion, registering a positive growth of 18.76 percent vis-à-vis January 2025. Table 1: Trade during January 2026* January 2026 (US$ Billion) January 2025 (US$ Billion) Merchandise Exports 36.56 36.34 Imports 71.24 59.77 Services* Exports 43.90 34.75 Imports 19.60 16.71 Total Trade (Merchandise +Services) * Exports 80.45 71.09 Imports 90.83 76.48 Trade Balance -10.38 -5.39 * Note: The latest data for s....
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....ervices sector released by RBI is for December 2025. The data for January 2026 is an estimation. (ii) Data for April-January 2024-25 and April-September 2025 has been revised on pro-rata basis using quarterly balance of payments data. Fig 1: Total Trade during January 2026* • India's total exports during April-January 2025-26* is estimated at US$ 720.76 Billion registering a positive growth of 6.15 percent. Total imports during April-January 2025-26* is estimated at US$ 823.41 Billion registering a growth of 6.54 percent. Table 2: Trade during April-January 2025-26* April-January 2025-26 (US$ Billion) April-January 2024-25 (US$ Billion) Merchandise Exports 366.63 358.75 Impor....
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....ts 649.86 606.13 Services* Exports 354.13 320.28 Imports 173.55 166.72 Total Trade (Merchandise +Services) * Exports 720.76 679.02 Imports 823.41 772.85 Trade Balance -102.65 -93.83 Fig 2: Total Trade during April-January 2025-26* MERCHANDISE TRADE • Merchandise exports during January 2026 were US$ 36.56 Billion as compared to US$ 36.34 Billion in January 2025. • Merchandise imports during January 2026 were US$ 71.24 Billion as compared to US$ 59.77 Billion in January 2025. Fig 3: Merchandise Trade during January 2026 • Merchandise exports during April-January 2025-26 were US$ ....
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....366.63 Billion as compared to US$ 358.75 Billion during April-January 2024-25. • Merchandise imports during April-January 2025-26 were US$ 649.86 Billion as compared to US$ 606.13 Billion during April-January 2024-25. • Merchandise trade deficit during April-January 2025-26 was US$ 283.23 Billion as compared to US$ 247.38 Billion during April-January 2024-25. Fig 4: Merchandise Trade during April-January 2025-26 • Non-petroleum and non-gems & jewellery exports in January 2026 were US$ 30.47 Billion compared to US$ 29.86 Billion in January 2025. • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in January 2026 were US$ 42.56 Billion compared to US$ 41.53 Bill....
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....ion in January 2025. Table 3: Trade excluding Petroleum and Gems & Jewellery during January 2026 January 2026 (US$ Billion) January 2025 (US$ Billion) Non- petroleum exports 32.78 32.86 Non- petroleum imports 57.83 46.33 Non-petroleum & Non-Gems & Jewellery exports 30.47 29.86 Non-petroleum & Non-Gems & Jewellery imports 42.56 41.53 Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 5: Trade excluding Petroleum and Gems & Jewellery during January 2026 • Non-petroleum and non-gems & jewellery exports in April-January 2025-26 were US$ 297.41 Billion, compared to US$ 281.59 Billion in April-January 2024-25. ....
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.... • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-January 2025-26 were US$ 414.52 Billion, compared to US$ 381.21 Billion in April-January 2024-25. Table 4: Trade excluding Petroleum and Gems & Jewellery during April-January 2025-26 April-January 2025-26 (US$ Billion) April-January 2024-25 (US$ Billion) Non- petroleum exports 320.94 305.98 Non- petroleum imports 501.04 451.25 Non-petroleum & Non Gems & Jewellery exports 297.41 281.59 Non-petroleum & Non Gems & Jewellery imports 414.52 381.21 Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 6: Trade excluding Petroleum and Gems ....
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....& Jewellery during April-January 2025-26 SERVICES TRADE • The estimated value of services export for January 2026* is US$ 43.90 Billion as compared to US$ 34.75 Billion in January 2025. • The estimated value of services imports for January 2026* is US$ 19.60 Billion as compared to US$ 16.71 Billion in January 2025. Fig 7: Services Trade during January 2026* • The estimated value of service exports during April-January 2025-26* is US$ 354.13 Billion as compared to US$ 320.28 Billion in April-January 2024-25. • The estimated value of service imports during April-January 2025-26* is US$ 173.55 Billion as compared to US$ 166.72 Billion in April-January 2024-25. • T....
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....he services trade surplus for April-January 2025-26* is US$ 180.58 Billion as compared to US$ 153.56 Billion in April-January 2024-25. Fig 8: Services Trade during April-January 2025-26* • Exports of Other Cereals (88.49%), Coffee (36.03%), Iron Ore (31.54%), Meat, Dairy & Poultry Products (17.92%), Marine Products (13.29%), Engineering Goods (10.37%), Petroleum Products (8.55%), Mica, Coal & Other Ores, Minerals Including Processed Minerals (6.35%), Fruits & Vegetables (1.77%), Cereal Preparations & Miscellaneous Processed Items (1.12%), Man-Made Yarn/Fabs./Made-Ups Etc. (1.01%), Drugs & Pharmaceuticals (0.96%) and Electronic Goods (0.32%) record positive growth during January 2026 over the corresponding month o....
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....f last year. • Imports of Pulses (-46.94%), Newsprint (-29.33%), Chemical Material & Products (-24.6%), Iron & Steel (-18.77%), Coal, Coke & Briquettes, Etc. (-16.56%), Project Goods (-14.78%), Wood & Wood Products (-8.35%), Organic & Inorganic Chemicals (-7.62%), Transport Equipment (-5.27%), Pearls, Precious & Semi-Precious Stones (-2.64%), Textile Yarn Fabric, Made-Up Articles (-2.41%) and Petroleum, Crude & Products (-0.24%) record negative growth during January 2026 over the corresponding month of last year. • Services exports is estimated to grow by 10.57 percent during April-January 2025-26* over April-January 2024-25. • Top 5 export destinations, in terms of change in value, exhibiting po....
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....sitive growth in January 2026 vis a vis January 2025 are U Arab Emts (29.27%), China P Rp (55.65%), Hong Kong (98.72%), Netherland (20.47%) and Italy (32.1%). • Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-January 2025-26 vis a vis April-January 2024-25 are China P Rp (38.37%), U S A (5.85%), U Arab Emts (9.56%), Spain (48.39%) and Hong Kong (30.72%). • Top 5 import sources, in terms of change in value, exhibiting growth in January 2026 vis a vis January 2025 are Switzerland (836.85%), U Arab Emts (48.38%), China P Rp (16.67%), U S A (23.71%) and U K (75.38%). • Top 5 import sources, in terms of change in value, exhibiting growth in April-January 2025-26 v....
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....is a vis April-January 2024-25 are China P Rp (13.82%), U Arab Emts (12.03%), U S A (13.87%), Hong Kong (27.02%) and Singapore (14.2%). Link for Quick Estimate =============<BR> News - Press release - PIB....