India?s exports spike 13.84% in first half of FY27, import zoom higher by 15.68%

India’s total exports (Merchandise and Services combined) for September 2026 are estimated at US$ 80.75 Billion, registering a positive growth of 10.99 percent vis-à-vis September 2025. Total imports (Merchandise and Services combined) for September 2026 are estimated at US$ 94.05 Billion, registering a growth of 8.19 percent vis-à-vis September 2025. India’s total exports during April-September 2026-27 are estimated at US$ 476.20 Billion registering a positive growth of 13.84 percent. Total imports during April-September 2026-27 are estimated at US$ 551.13 Billion registering a growth of 15.68 percent.

Merchandise exports during September 2026 were US$ 44.40 Billion as compared to US$ 36.08 Billion in September 2025. Merchandise imports during September 2026 were US$ 74.61 Billion as compared to US$ 69.08 Billion in September 2025.

Merchandise exports during April-September 2026-27 were US$ 259.89 Billion as compared to US$ 219.30 Billion during April-September 2025-26. Merchandise imports during April-September 2026-27 were US$ 437.53 Billion as compared to US$ 376.17 Billion during April-September 2025-26. Merchandise trade deficit during April-September 2026-27 was US$ 177.64 Billion as compared to US$ 156.88 Billion during April-September 2025-26.

The estimated value of services export for September 2026 is US$ 36.35 Billion as compared to US$ 36.67 Billion in September 2025. The estimated value of services imports for September 2026 is US$ 19.44 Billion as compared to US$ 17.84 Billion in September 2025.

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