India's total exports for FY 2025-26 estimated at US$ 860.09 billion, up 4.22%
India's total exports of merchandise and services for FY 2025-26 were estimated at US$ 860.09 billion, 4.22% higher than US$ 825.26 billion in FY 2024-25, according to Ministry of Commerce data released on 15 April 2026.
Summary
India's total exports of merchandise and services in FY 2025-26 (April–March) are estimated at US$ 860.09 billion, against US$ 825.26 billion in FY 2024-25, a growth of 4.22%, according to the Ministry of Commerce and Industry's release of 15 April 2026. Merchandise exports were US$ 441.78 billion (up 0.93% from US$ 437.70 billion), and non-petroleum exports were US$ 387.88 billion (up 3.62%). For March 2026, total exports were estimated at US$ 74.11 billion, down 4.58% year-on-year, and total imports at US$ 76.55 billion, giving an estimated trade deficit of US$ 2.44 billion. Merchandise exports in March were US$ 38.92 billion against imports of US$ 59.59 billion. Services data for March is an estimate, as the latest RBI services data is for February 2026.
Key facts
- FY26 total exports
- US$ 860.09 bn (+4.22%)
- FY25 total exports
- US$ 825.26 bn
- FY26 merchandise exports
- US$ 441.78 bn (+0.93%)
- FY26 non-petroleum exports
- US$ 387.88 bn (+3.62%)
- March 2026 total exports / imports
- US$ 74.11 bn / US$ 76.55 bn
- March 2026 trade balance
- –US$ 2.44 bn (estimated)
Practice MCQs 2 questions
According to the Ministry of Commerce, India's total exports (merchandise and services) in FY 2025-26 were estimated at about:
Show answer
Correct answer: A — US$ 860 billion
Total exports in FY 2025-26 are estimated at US$ 860.09 billion; US$ 825.26 billion was the FY 2024-25 figure and US$ 441.78 billion was merchandise alone.
Consider the following statements about India's trade data released on 15 April 2026: 1. Merchandise exports in FY 2025-26 grew faster than total exports. 2. Services figures for March 2026 are estimates, because the latest RBI services data is for February 2026. Which of the statements given above is/are correct?
Show answer
Correct answer: B — 2 only
Statement 1 is wrong: merchandise exports grew 0.93% while total exports grew 4.22%. Statement 2 is correct per the release's note.