Officials noted that this performance came despite headwinds in global manufacturing and trade disruptions.
India’s export sector has delivered a record performance in FY 2025–26, crossing the USD 863.11 billion mark despite a challenging global economic environment marked by weak demand and ongoing uncertainty in international trade.
The growth comes at a time when several major economies have been struggling with slower consumption and supply chain pressures, yet India has managed to sustain momentum in external trade. Officials attributed this resilience to the expanding role of services and steady performance in merchandise exports.
A key driver of this growth has been the services sector, which recorded a sharp rise to USD 421.32 billion, up from USD 387.55 billion in the previous fiscal year. The increase of 8.71 per cent highlights strong global demand for India’s IT services, business process outsourcing, and professional expertise, which continue to strengthen the country’s position in the global digital economy.
In comparison, merchandise exports showed slower but stable growth, rising 0.93 per cent to USD 441.78 billion from USD 437.70 billion in FY 2024–25. Officials noted that this performance came despite headwinds in global manufacturing and trade disruptions.
Together, both segments pushed total exports to a new high of USD 863.11 billion, compared to USD 825.26 billion in the previous year, reflecting a 4.6 per cent overall increase.
Economists say the data underscores a gradual structural shift in India’s export basket, with services playing an increasingly dominant role in offsetting fluctuations in goods trade and strengthening long-term external stability.
