April-August exports estimated at $399.27 billion
India's combined exports of goods and services in April-August 2026-27 are estimated at US$399.27 billion, 15.55% higher than the US$345.55 billion of the same five months of 2025-26, according to the Commerce Ministry. Merchandise accounted for US$215.91 billion (up 17.85% from US$183.21 billion) and services for an estimated US$183.36 billion (against US$162.34 billion); the services numbers are partly estimated because the RBI's latest services data runs only up to July. In August 2026 alone, total exports were about US$82.68 billion, a rise of 25.41%. That month's growth was led by electronic goods, which jumped 89.82% to US$5.55 billion, and petroleum products, up 63.27% to US$6.81 billion, with engineering goods, organic and inorganic chemicals and cotton textiles also gaining. Imports rose faster over the five months, to an estimated US$459.65 billion, leaving a combined goods-and-services trade deficit of US$60.38 billion. Among destinations, exports to the USA grew 6.17% in April-August, while Singapore and China recorded the largest increases in value.
Drafted with AI assistance from a live web search; a second AI pass confirmed the official link above and checked a sample of the facts against it. Not line-edited by a human.
Learning context
India's merchandise trade statistics are compiled and released by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, which works under the Ministry of Commerce and describes itself as the pioneer official organisation for India's trade statistics, serving for over 150 years. Services trade data, by contrast, is published by the Reserve Bank of India and arrives with a lag, so the Ministry's monthly release has to estimate the latest month's services figures.
Reference: DGCI&S, Kolkata: official website
Check yourself: is the April-August services export figure of US$183.36 billion based entirely on final RBI data?
No. RBI's services data was available only up to July 2026, so August's services figure (US$38.87 billion) is an estimate, and it is included in the five-month total. The merchandise numbers come from a different source, DGCI&S.
Revision task: check that merchandise plus services equals the headline total (215.91 + 183.36 = 399.27) and write down which agency is the source for each part.
Test yourself
India's combined exports of goods and services in April-August 2026-27 are estimated at about how much?
Show the answer
Answer: US$399.27 billion
Combined exports were an estimated US$399.27 billion, 15.55% above the same months of 2025-26; merchandise was US$215.91 billion and services about US$183.36 billion, while imports rose to US$459.65 billion, leaving a trade deficit of US$60.38 billion.
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