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The cumulative exports (merchandise & services) during April-May 2026-27 is estimated at US$ 162.69 Billion, as compared to US$ 141.89 Billion in April-May 2025-26, an estimated growth of 14.66%
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....he cumulative exports (merchandise & services) during April-May 2026-27 is estimated at US$ 162.69 Billion, as compared to US$ 141.89 Billion in April-May 2025-26, an estimated growth of 14.66% <br>Customs, DGFT & SEZ<br>Dated:- 15-6-2026<br><BR>The cumulative value of merchandise exports during April-May 2026-27 was US$ 88.91 Billion, as compared to US$ 76.59 Billion during April-May 2025-26, registering a positive growth of 16.09% The cumulative Non-Petroleum exports in April-May 2026-27 valued at US$ 70.74 Billion registered an increase of 10.49% as compared to US$ 64.03 Billion in April-May 2025-26 Major drivers of merchandise exports growth in May 2026 include Petroleum Products, Engineering Goods, Organic & Inorganic Chemicals, ....
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....Electronic Goods, and Gems & Jewellery Petroleum Products exports increased by 54.89% from US$ 5.44 Billion in May 2025 to US$ 8.42 Billion in May 2026 Engineering Goods exports increased by 24.48% from US$ 9.89 Billion in May 2025 to US$ 12.31 Billion in May 2026 Organic & Inorganic Chemicals exports increased by 12.71% from US$ 2.41 Billion in May 2025 to US$ 2.72 Billion in May 2026 Electronic Goods exports increased by 11.62% from US$ 4.57 Billion in May 2025 to US$ 5.10 Billion in May 2026 Gems & Jewellery exports increased by 6.66% from US$ 2.38 Billion in May 2025 to US$ 2.53 Billion in May 2026 India's total exports (Merchandise and Services combined) for May 2026* is estimated at US$ 81.96 Billion, registering a p....
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....ositive growth of 15.83 percent vis-à-vis May 2025. Total imports (Merchandise and Services combined) for May 2026* is estimated at US$ 92.47 Billion, registering a positive growth of 19.23 percent vis-à-vis May 2025. Table 1: Trade during May 2026* May 2026 (US$ Billion) May 2025 (US$ Billion) Merchandise Exports 45.20 38.30 Imports 73.41 60.86 Services* Exports 36.76 32.46 Imports 19.06 16.70 Total Trade (Merchandise +Services) * Exports 81.96 70.76 Imports 92.47 77.55 Trade Balance -10.51 -6.79 * Note: The latest data for services sector released by RBI is for April 2026. The data for May 2026 is an estimation. (....
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....ii) Data for April-May 2025-26 and April-December 2025 has been revised on pro-rata basis using quarterly balance of payments data. Fig 1: Total Trade during May 2026* India's total exports during April-May 2026-27* is estimated at US$ 162.69 Billion registering a positive growth of 14.66 percent. Total imports during April-May 2026-27* is estimated at US$ 182.83 Billion registering a growth of 14.38 percent. Table 2: Trade during April-May 2026-27* April-May 2026-27 (US$ Billion) April-May 2025-26 (US$ Billion) Merchandise Exports 88.91 76.59 Imports 145.35 126.24 Services* Exports 73.79 65.30 Imports 37.48 33.61 Total Trade (Merchandise +Services) * ....
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.... Exports 162.69 141.89 Imports 182.83 159.85 Trade Balance -20.13 -17.96 Fig 2: Total Trade during April-May 2026-27* MERCHANDISE TRADE • Merchandise exports during May 2026 were US$ 45.20 Billion as compared to US$ 38.30 Billion in May 2025. • Merchandise imports during May 2026 were US$ 73.41 Billion as compared to US$ 60.86 Billion in May 2025. Fig 3: Merchandise Trade during May 2026 • Merchandise exports during April-May 2026-27 were US$ 88.91 Billion as compared to US$ 76.59 Billion during April-May 2025-26. • Merchandise imports during April-May 2026-27 were US$ 145.35 ....
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....Billion as compared to US$ 126.24 Billion during April-May 2025-26. • Merchandise trade deficit during April-May 2026-27 was US$ 56.44 Billion as compared to US$ 49.65 Billion during April-May 2025-26. Fig 4: Merchandise Trade during April-May 2026-27 • Non-petroleum and non-gems & jewellery exports in May 2026 were US$ 34.24 Billion compared to US$ 30.49 Billion in May 2025. • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in May 2026 were US$ 46.09 Billion compared to US$ 41.44 Billion in May 2025. Table 3: Trade excluding Petroleum and Gems & Jewellery during May 2026 May 2026 (US$ Billion) May 2025 (US$ Billion) Non- petroleum expor....
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....ts 36.78 32.87 Non- petroleum imports 50.73 46.11 Non-petroleum & Non-Gems & Jewellery exports 34.24 30.49 Non-petroleum & Non-Gems & Jewellery imports 46.09 41.44 Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 5: Trade excluding Petroleum and Gems & Jewellery during May 2026 • Non-petroleum and non-gems & jewellery exports in April-May 2026-27 were US$ 65.89 Billion, compared to US$ 59.15 Billion in April-May 2025-26. • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-May 2026-27 were US$ 91.97 Billion, compared to US$ 81.19 Billion in April-May 2025-26. Table 4: Trade e....
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....xcluding Petroleum and Gems & Jewellery during April-May 2026-27 April-May 2026-27 (US$ Billion) April-May 2025-26 (US$ Billion) Non- petroleum exports 70.74 64.03 Non- petroleum imports 104.05 90.79 Non-petroleum & Non Gems & Jewellery exports 65.89 59.15 Non-petroleum & Non Gems & Jewellery imports 91.97 81.19 Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-May 2026-27 SERVICES TRADE • The estimated value of services export for May 2026* is US$ 36.76 Billion as compared to US$ 32.46 Billion in May 2025. • The estimated value of se....
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....rvices imports for May 2026* is US$ 19.06 Billion as compared to US$ 16.70 Billion in May 2025. Fig 7: Services Trade during May 2026* • The estimated value of service exports during April-May 2026-27* is US$ 73.79 Billion as compared to US$ 65.30 Billion in April-May 2025-26. • The estimated value of service imports during April-May 2026-27* is US$ 37.48 Billion as compared to US$ 33.61 Billion in April-May 2025-26. • The services trade surplus for April-May 2026-27* is US$ 36.31 Billion as compared to US$ 31.69 Billion in April-May 2025-26. Fig 8: Services Trade during April-May 2026-27* • Exports of Other Cereals (262.73%), Petroleum Products (54....
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.....89%), Meat, Dairy & Poultry Products (42.51%), Oil Meals (24.61%), Engineering Goods (24.48%), Handicrafts Excl. Hand Made Carpet (23.85%), Plastic & Linoleum (21.82%), Iron Ore (14.76%), Organic & Inorganic Chemicals (12.71%), Electronic Goods (11.62%), Gems & Jewellery (6.66%), Drugs & Pharmaceuticals (6.13%), Rice (5.38%), Cereal Preparations & Miscellaneous Processed Items (4.4%), Coffee (4.37%), and Cotton Yarn/Fabs./Made-Ups, Handloom Products Etc. (1.89%) record positive growth during May 2026 over the corresponding month of last year. • Imports of Silver (-86.65%), Project Goods (-64.05%), Chemical Material & Products (-63.58%), Pearls, Precious & Semi-Precious Stones (-26.5%), Iron & Steel (-12.47%), Pulp And Waste....
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.... Paper (-9.93%), Machine Tools (-8.14%), Newsprint (-6.69%), Textile Yarn Fabric, Made-Up Articles (-3.68%), and Wood & Wood Products (-3.65%) record negative growth during May 2026 over the corresponding month of last year. • Services exports is estimated to grow by 12.99 percent during April-May 2026-27* over April-May 2025-26. • Top 5 export destinations, in terms of change in value, exhibiting positive growth in May 2026 vis a vis May 2025 are Singapore (68.96%), South Africa (116.21%), Tanzania Rep (196.89%), Italy (87.54%), and Sri Lanka Dsr (150.29%). • Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-May 2026-27 vis a vis April-May 2025-....
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....26 are Singapore (123.75%), Tanzania Rep (172.22%), Sri Lanka Dsr (183.32%), South Africa (62.24%), and China P Rp (25.85%). • Top 5 import sources, in terms of change in value, exhibiting growth in May 2026 vis a vis May 2025 are Russia (63.46%), China P Rp (23.4%), U S A (54.43%), Oman (305.66%), and Brazil (358.83%). • Top 5 import sources, in terms of change in value, exhibiting growth in April-May 2026-27 vis a vis April-May 2025-26 are Russia (40.02%), China P Rp (22.15%), Oman (277.63%), U S A (19.4%), and Brazil (180.35%). *Link for Quick Estimates *Exim Summary Export *Exim Summary Import *Exim Summary Country wise-Export *Exim Summary Country wise-Import =======....
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