Despite the difficulties brought on by the conflict in West Asia, India posted its highest-ever goods exports of $441.8 billion in FY 2025–2026, a 1% year-over-year rise. The achievement demonstrates how resilient India’s export industry is in the face of economic and geopolitical difficulties.
The trade imbalance increased to $333 billion as a result of the quicker growth in imports, which increased by 7.5% to $775 billion. The increase was largely caused by a spike in imports of gold and silver.
The impact of the conflict caused exports to drop 7.6% to $38.9 billion in March, especially in West Asia, where trade fell precipitously. During the month, imports decreased by more than 51%, while exports to the area decreased by almost 58%.
India’s overall imports hit around $920 billion, while its total exports, including services, increased 4% to a record $860.1 billion. Despite US tariffs, fluctuating oil prices, and geopolitical concerns, officials reported that India’s export growth above the world average.
With impending trade deals with nations like the UK, Oman, and New Zealand anticipated to further increase exports in the future year, the administration is still upbeat.
Source – The Times of India
