NITI Aayog
NITI Aayog Launches Ninth Edition of “Trade Watch Quarterly”
PrelimsMainsGS3GovernanceEconomyReports/Indices
Source-grounded summary
NITI Aayog released the ninth edition of 'Trade Watch Quarterly' for Quarter 1 of FY27 (April–June 2026), providing an assessment of global and domestic trade trends. The report highlights that India's total merchandise and services trade reached $506.9 billion in Q1 FY27, growing 15.5% year-on-year. It features a thematic focus on India's metals and ores trade, examining export competitiveness, growing import dependence for critical minerals, structural constraints, and opportunities for domestic value addition. Additionally, the publication notes India's advancement to the fourth-largest exporter of Digitally Delivered Services globally, rising from $277 billion in 2024 to $317 billion in 2025.