---

📰 India Records Historic Export Milestone of $863.11 Billion in FY26

India has achieved a landmark milestone in global trade, with total exports reaching a record US$ 863.11 billion in FY 2025–26, reflecting a steady 4.59% growth over the previous year’s US$ 825.26 billion. The achievement highlights the resilience of India’s export ecosystem despite global economic uncertainties and shifting trade dynamics. 🌍📈

✨ Key Highlights

• Total Exports: US$ 863.11 billion
• Services Exports: US$ 421.32 billion, up 8.71%
• Merchandise Exports: US$ 441.78 billion, showing stable growth
• Defence Exports: Jumped 62% to US$ 4.1 billion
• Top Sectors: Engineering goods, electronics, pharmaceuticals, and chemicals continued to drive export performance

🚀 Services Sector Leads Growth

The services sector emerged as the biggest growth engine for India’s exports in FY26. Rising global demand for Indian IT services, business solutions, and professional expertise helped services exports touch a historic high of over US$ 421 billion. India continues to strengthen its position as a global hub for technology and professional services.

🏭 Merchandise Exports Stay Resilient

While merchandise exports saw modest growth, sectors such as electronics, engineering goods, chemicals, and pharmaceuticals played a crucial role in maintaining stability. Defence exports also witnessed remarkable expansion, reflecting the success of domestic manufacturing and “Make in India” initiatives.

🌐 Changing Trade Dynamics

A major development in FY26 was China overtaking the United States to become India’s largest trading partner, with bilateral trade reaching US$ 151.1 billion. This shift highlights evolving global trade patterns and India’s increasing engagement with Asian markets.

⚠️ Challenges Remain

Despite record exports, imports rose to US$ 979.65 billion, widening the trade deficit. India’s merchandise trade deficit with China also reached a record level, underlining the need for stronger domestic manufacturing and diversification strategies.

Overall, FY26 marks a significant achievement for India’s export sector, showcasing strong global competitiveness and long-term growth potential.