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India’s August Goods and Services Exports Jump 25.4%
India sold more goods and services to other countries in August than it did a year earlier.
Goods exports rose to $43.81 billion, growing at their fastest pace in a decade.
India also bought more goods, so it had a goods trade deficit of $26.86 billion.
When services were included, total exports reached $82.68 billion.
Total imports were higher at $92.09 billion, leaving an overall deficit of $9.41 billion.
Electronics, petroleum products and engineering goods helped increase exports.
From April through August, India’s combined exports reached $399.27 billion.
The United States was the biggest destination for Indian exports, while China was the largest source of imports.
India’s merchandise exports surged 26.12% year-on-year to $43.81 billion in August 2026, the fastest growth in a decade.
Merchandise imports rose 14% to $70.67 billion, producing an August goods trade deficit of $26.86 billion.
Including services, August exports reached $82.68 billion and imports totaled $92.09 billion, leaving an overall deficit of $9.41 billion.
During April-August 2026-27, total exports rose 15.55% to $399.27 billion, while total imports increased 18.01% to $459.65 billion.
Electronic goods, petroleum products and engineering goods drove August growth, while engineering goods led cumulative exports at $58.70 billion.
- Who
- India and its international trading partners.
- What
- India recorded a 26.12% year-on-year increase in merchandise exports in August 2026, while total goods and services exports rose 25.41%.
- Where
- India’s international trade markets; the United States was the largest export destination and China was the largest import source during April-August.
- When
- August 2026, with cumulative figures covering April-August 2026-27.
- Why
- Export growth was supported by electronic goods, petroleum products, engineering goods, chemicals, cotton and textiles.
Key facts
- August merchandise exports
- $43.81 billion, up 26.12% year-on-year
- August merchandise imports
- $70.67 billion, up 14% year-on-year
- August merchandise trade deficit
- $26.86 billion
- August total exports
- $82.68 billion, including merchandise and services
- August overall trade deficit
- $9.41 billion
- April-August total exports
- $399.27 billion, up 15.55%
- Leading cumulative export category
- Engineering goods, worth $58.70 billion during April-August
- Top trading partners
- The United States was the largest export destination and China the largest import source during April-August
Sources
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