India’s export sector has started the financial year on a positive note, with total exports of merchandise and services reaching an estimated US$ 80.80 billion in April 2026. This represents a growth of 13.59% compared to US$ 71.13 billion recorded during April 2025.
According to data released by the Ministry of Commerce and Industry, merchandise exports for April 2026 stood at US$ 43.56 billion, registering a growth of 13.78% over the same period last year. Non-petroleum exports also recorded healthy growth, increasing by 9.01% year-on-year.
Several sectors contributed significantly to export growth during the month. Petroleum products exports increased by 34.66%, while electronic goods exports rose by 40.31%. Engineering goods, one of India’s key manufacturing sectors, recorded growth of 8.76%. Positive momentum was also seen in drugs and pharmaceuticals, meat, dairy and poultry products, chemicals, marine products and textiles.
The services sector continued to play an important role in India’s export performance. Services exports are estimated at US$ 37.24 billion for April 2026, reflecting growth of 13.36% compared to April 2025.
The combined trade deficit for merchandise and services narrowed to US$ 7.81 billion in April 2026 from US$ 11.16 billion in the corresponding period last year, indicating an improvement in overall trade performance.
Among export destinations, countries such as Singapore, Sri Lanka, Tanzania, Bangladesh and Hong Kong recorded strong growth in import demand from India during the month.
The latest trade figures highlight the continued strength of India’s manufacturing, engineering, electronics and services sectors. Rising exports across multiple categories indicate growing global demand for Indian products and services while reinforcing the country’s position in international trade.
Source: Information based on an official announcement issued by the Ministry of Commerce & Industry, Government of India. https://www.commerce.gov.in/files/d-m-y/PIB%20Release%20April%202026%20%283%29.pdf
