According to the data released by the Ministry of Commerce and Industry, the total combined exports (merchandise and services) of India in the first five months of FY27 (April-August 2026) reached $399.27 billion, representing a growth of 15.5%.
Merchandise exports for the period stood at $215.91 billion, compared to $183.21 billion in the same period of the previous year. Total imports for the April-August 2026 period are estimated at $459.65 billion, showing a growth of 18.01%.
MoC&I further stated that in August 2026, the total combined exports of India were estimated at $82.68 billion, registering a growth of 25.41%. Total combined imports for the month are estimated at $92.09 billion, marking a growth of 18.75%.