Business · Trade · 1 hr ago
India's exports recover in West Asia as Africa and ASEAN shipments grow
India's exports to West Asia are gradually recovering after conflict-related disruption linked to the US-Iran war.
Shipments to the region rose from $4.2 billion in April to $5.01 billion in August, but remained below January's $6.48 billion.
From April to August of fiscal year 2026-27, exports to Africa rose 47% to $26.19 billion, lifting Africa's share of India's exports to 12.2%.
Shipments to ASEAN grew 56% to $23.08 billion, while exports to North-East Asia rose 37% to $21.03 billion.
The gains reflect India's efforts to diversify its export markets as global trade flows shift.
For the wider economy, merchandise exports increased 18.51% to $259.89 billion in April-September compared with the same period a year earlier.
The data show exports continuing to expand across several regions, while shipments to West Asia have yet to return to January levels.
India’s merchandise exports to Africa rose 47% to $26.19 billion in April-August FY27.
Exports to ASEAN increased 56% to $23.08 billion over the same period.
Shipments to North-East Asia grew 37% to $21.03 billion.
Africa’s share of India’s total exports rose to 12.2%, from 9.7% a year earlier.
The Commerce Ministry data linked broader regional growth to efforts to diversify export markets.
- Who
- Indian exporters.
- What
- Merchandise exports to Africa rose 47% and exports to ASEAN rose 56% in April-August FY27.
- When
- April-August FY27.
- Where
- Africa and ASEAN, as well as other regions including North-East Asia.
- Why
- The Commerce Ministry data said growth reflected efforts to diversify export markets.
This story does not have two clearly opposing sides.
India’s exports to West Asia stood at $6.48 billion.
Exports to West Asia were $4.2 billion.
India’s exports to Africa rose 47% and exports to ASEAN rose 56%.
Exports to West Asia had increased to $5.01 billion.
- Africa exports
- $26.19 billion, up 47% in April-August FY27
- ASEAN exports
- $23.08 billion, up 56% in April-August FY27
- North-East Asia exports
- $21.03 billion, up 37% in April-August FY27
- Africa’s share
- 12.2%, compared with 9.7% a year earlier
- Total merchandise exports
- $259.89 billion in April-September FY27, up 18.51%