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India Exports Hit Record USD 863 Billion in 2025-26 on Services Surge

India's total exports reached an all-time high of USD 863.11 billion in 2025-26, growing 4.59% from the previous year. The services sector led the surge, with exports rising 8.71% to a historic USD 421.32 billion, driven by global demand for IT and business solutions. Merchandise exports grew modestly by 0.93% to USD 441.78 billion amid global uncertainties. However, total imports rose 6.49% to USD 979.65 billion, widening the trade deficit as merchandise imports jumped 7.46%.

Key Points: India Exports Record USD 863 Billion in 2025-26

  • Total exports hit record USD 863.11 billion
  • Services exports surged 8.71% to USD 421.32 billion
  • Merchandise exports grew modestly 0.93%
  • Trade deficit widened as imports grew faster at 6.49%
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India's exports hit record USD 863 bn in 2025-26, driven by services surge

India's total exports hit a record USD 863.11 billion in 2025-26, driven by an 8.71% surge in services exports to USD 421.32 billion.

"The milestone is significant not just for its record value, but because each of the four quarters of 2025-26 individually recorded their highest-ever export performance - Shailesh Yadav"

By Shailesh Yadav, New Delhi, May 6

India's total exports scaled an all-time high of USD 863.11 billion in the financial year 2025-26, up from USD 825.26 billion in the previous year, registering a growth of 4.59 per cent, according to data released by the Directorate General of Commercial Intelligence and Statistics and the Reserve Bank of India.

The milestone is significant not just for its record value, but because each of the four quarters of 2025-26 individually recorded their highest-ever export performance, a feat achieved for the first time in the country's trade history.

The star of India's export story this year is unambiguously the services sector.

Services exports surged to a historic USD 421.32 billion in 2025-26, compared to USD 387.55 billion in 2024-25, a robust growth of 8.71 per cent. Demand for India's IT, business solutions, and professional expertise continued to expand globally, cementing the country's position as a services export powerhouse.

On the merchandise front, exports grew modestly from USD 437.70 billion to USD 441.78 billion, a growth of 0.93 per cent. While global uncertainties in goods trade weighed on the pace of expansion, India's merchandise exports maintained their upward trajectory, providing a stable base to the overall trade basket.

However, the record exports came alongside rising imports. Total imports (merchandise and services) climbed to US 979.65 billion in 2025-26, up from USD 919.92 billion, growing at 6.49 per cent, outpacing export growth and widening the overall trade deficit.

Merchandise imports alone jumped 7.46 per cent to USD 774.98 billion, while services imports rose 3 per cent to USD 204.67 billion.

- ANI

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Reader Comments

P
Priya S
USD 863 billion - that's a massive number! 😊 But imports growing faster than exports is a concern. We are buying more than we sell, especially in merchandise. Need to focus on reducing dependency on foreign goods.
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Vikram M
Services doing well is good news for our economy, but let's not forget the ground reality. Our agriculture and small industries are struggling. The government should ensure this growth trickles down to the common man.
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Rohit P
Finally some positive news! 🎉 But only 0.93% growth in merchandise exports is disappointing. We need to diversify our export basket beyond just services. Also, the trade deficit widening to over USD 116 billion is scary.
K
Kavya N
Good milestone, but the numbers don't tell the whole story. While we export services, many small businesses and local manufacturers are struggling to compete with cheap imports. Need a balanced approach.
R
Ravi K
Impressive growth in services exports! Our IT professionals are truly world-class. But the government must also focus on reducing imports to strengthen the rupee and control inflation.
S
Sarah B
This is fantastic news for India's global standing! The services sector is our strength. But I hope we don't become too dependent on it. We need to invest in manufacturing and technology

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