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As on : 15-Oct-2026

Economy - Reports
15-Oct-2026 17:47

India's export zoom as imports surpass exports

India’s combined merchandise and services exports for September 2026 are projected at US$ 80.75 billion, demonstrating a positive expansion of 10.99 percent compared to September 2025. Total imports, encompassing merchandise and services, are estimated at US$ 94.05 billion, reflecting an increase of 8.19 percent year-on-year. For the period April-September 2026-27, India's aggregate exports are tallied at US$ 476.20 billion, showcasing a positive growth of 13.84 percent. Total imports during April-September 2026-27 are recorded at US$ 551.13 billion, indicating a growth rate of 15.68 percent.

Merchandise exports for September 2026 registered at US$ 44.40 billion, a rise from US$ 36.08 billion recorded in September 2025. Merchandise imports during September 2026 totaled US$ 74.61 billion, in contrast to US$ 69.08 billion in September 2025.

Merchandise exports for the period April-September 2026-27 reached US$ 259.89 billion, a rise from US$ 219.30 billion during the corresponding period in April-September 2025-26. Merchandise imports for April-September 2026-27 totaled US$ 437.53 billion, in contrast to US$ 376.17 billion during April-September 2025-26. The merchandise trade deficit for April-September 2026-27 registered at US$ 177.64 billion, compared with US$ 156.88 billion during April-September 2025-26.

The projected value of services exports for September 2026 stands at US$ 36.35 billion, a decrease from US$ 36.67 billion recorded in September 2025. Concurrently, the estimated value of services imports for September 2026 is US$ 19.44 billion, up from US$ 17.84 billion in September 2025.

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