India's Total Exports Rise 10.99% to $80.75 Billion in September


Photo: IANS

India’s total exports of merchandise and services reached an estimated $80.75 billion in September, registering year-on-year growth of 10.99 per cent, according to data released by the Ministry of Commerce and Industry on Thursday.

Cumulative exports during April-September of the current financial year (FY27) are estimated at $476.20 billion, up 13.84 per cent from $418.31 billion in the corresponding period of 2025-26.

Merchandise exports during the first six months of FY27 stood at $259.89 billion, compared with $219.30 billion a year earlier, marking an increase of 18.51 per cent.

Services exports in September were estimated at $36.35 billion, marginally lower than $36.67 billion in the same month last year. However, cumulative services exports during April-September rose to $216.31 billion from $199.02 billion in the corresponding period of the previous fiscal.

The services trade surplus during the six-month period increased to $102.71 billion, compared with $98.77 billion a year earlier.

India’s total imports of merchandise and services in September were estimated at $94.05 billion, registering growth of 8.19 per cent year-on-year.

According to the official data, Singapore recorded the highest growth among the major export destinations in September at 169.16 per cent. Exports to Malaysia rose 119.69 per cent, Egypt 90.09 per cent, the US 47.99 per cent and China 24.05 per cent.

During April-September, exports to Tanzania increased 122.51 per cent, Singapore 103.05 per cent, Malaysia 82.85 per cent, China 36.07 per cent and the US 11.11 per cent compared with the corresponding period of 2025-26.

Several export sectors also recorded strong growth in September. Electronic goods exports rose 70.44 per cent, followed by other cereals at 49.88 per cent, handicrafts excluding handmade carpets at 43.19 per cent, and meat, dairy and poultry products at 35.18 per cent.

Petroleum products registered growth of 31.9 per cent, while exports of plastics and linoleum increased 24.81 per cent, organic and inorganic chemicals 24.21 per cent, engineering goods 20.91 per cent, and gems and jewellery 18.95 per cent.

The figures indicate that merchandise exports were a key driver of India's overall export growth during the first half of FY27, while services continued to contribute significantly to the country's external trade performance.

 

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