April-August exports estimated at $399.27 billion

The Commerce Ministry estimated India's combined merchandise and services exports at $399.27 billion during April-August 2026-27, up 15.55% from $345.55 billion in the same period a year earlier. Merchandise exports stood at $215.91 billion (against $183.21 billion previously) and services exports at an estimated $38.87 billion (against $31.19 billion), with the services figure an estimate since the latest available RBI services data covered only July. Electronic goods and petroleum products were among the fastest-growing categories in August alone: electronics exports rose 89.82% year-on-year to $5.55 billion, and petroleum product exports rose 63.27% to $6.81 billion, alongside gains in engineering goods, chemicals, cotton and textiles. The United States remained India's largest single export destination for the period, with exports to the US reaching about $42.79 billion (up from $40.31 billion a year earlier), while exports to the core BRICS nations grew 34% to $19.9 billion over the same five months.