The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in April-July 2025-26, an estimated growth of 13.16%.

The Ministry of Commerce & Industry’s PIB release estimates that India’s cumulative exports (merchandise & services) for April‑July 2026‑27 reached US$ 316.42 billion, a 13.16 % rise over the same period in 2025‑26 (US$ 279.63 billion). Merchandise exports grew 17.04 % to US$ 173.78 billion, driven by strong gains in petroleum products (+67.64 %), electronic goods (+57.40 %), engineering goods (+17.71 %), organic & inorganic chemicals (+14.39 %) and cotton yarn/fabric (+8.40 %). Non‑petroleum merchandise exports rose 12.79 % to US$ 143.61 billion. Services exports increased 6.38 % to US$ 142.64 billion. The trade balance widened to a deficit of US$ 49.43 billion for the quarter.