India's total exports surge 11.37 pc to $232.73 billion in April-June despite global shocks
New Delhi, July 13
Despite global headwinds, India's total exports reached $232.73 billion during the April-June period, registering a positive growth of 11.37 per cent, the Commerce Ministry data showed on Monday.
Merchandise exports during the April-June period were $129.32 billion, compared to $111.57 billion during April-June in FY26. The merchandise trade deficit during April-June FY27 was $86.86 billion compared to $68.75 billion during the same period last fiscal, the data showed.
On the other hand, the estimated value of service exports during April-June 2026-27 is $103.41 billion against $97.41 billion in April-June 2025-26. The services trade surplus for April-June FY27 was recorded at $49.43 billion compared to $47.90 billion in April-June 2025-26.
In June, merchandise exports were $40.41 billion against $34.98 billion in June 2025.
Meanwhile, the estimated value of services export for June 2026 was $33.03 billion, compared to $32.11 billion in June 2025, according to the data.
The data further showed that the cumulative non-petroleum exports in April-June 2026-27 were valued at $106.30 billion and registered an increase of 12.44 per cent compared to $94.54 billion in April-June 2025-26.
Major drivers of merchandise exports growth in June 2026 include gems and jewellery, engineering goods, organic and inorganic chemicals, electronic goods, and rice.
Notably, gems and jewellery exports increased by 34.64 per cent -- from $1.79 billion in June 2025 to $2.41 billion in June 2026.
Engineering goods exports increased by 20.74 per cent from $9.51 billion in June 2025 to $11.48 billion in June 2026. Organic and Inorganic Chemicals exports increased by 19.42 per cent from $2.32 billion in June 2025 to $2.77 billion last month.
On the other hand, electronic goods exports increased by 18.93 per cent from $4.14 billion in June 2025 to $4.93 billion in June 2026. Rice exports surged by 16.48 per cent -- from $0.86 billion in June 2025 to $1.00 billion in June 2026, according to the official data.
— IANS
Reader Comments
Impressive numbers! As someone who monitors global trade, India's resilience is remarkable. Gems and jewellery up 34% and engineering goods up 20% are standout performers. The services sector continues to be a strong pillar too. Hope this momentum continues through the year.
Good to see rice exports up 16.5% - our farmers deserve credit. But I'm concerned about the trade deficit increase. We're importing too much, especially petroleum. Need to boost domestic production and reduce import dependence. Still, overall a positive sign for our economy. 🇮🇳
The engineering goods and electronics exports growth shows we're moving up the value chain. But we need to look beyond just numbers - are these exports creating jobs for our youth? Also, the trade deficit widening by $18 billion is worrying. Let's celebrate but stay grounded.
Wow! 34% jump in gems and jewellery - that's massive! 💎 As someone from Surat, I see the hard work of our artisans. Electronic goods up 19% is also great. But I wish the government would focus more on small exporters who struggle with logistics and paperwork. Still, this gives hope!
These numbers are definitely encouraging for India's global trade position. The services surplus of $49 billion provides a good cushion. However, as an economist, I'd suggest monitoring the sustainability of this growth given global recession fears. The diversification into non-petroleum exports is a smart move.
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