India's October 2026 Exports Reach US$ 89.99 Billion

India's merchandise and services exports together came to US$ 89.99 billion in October 2026, according to the monthly trade estimate put out by the Ministry of Commerce and Industry. That is 29.90 percent above the level recorded in October 2025.

What the month's numbers show

Imports of goods and services for October 2026 are placed at US$ 110.07 billion, higher by 16.58 percent than a year earlier. Purchases from abroad stayed larger than sales, so the month closed with a trade gap, and that gap was narrower than the one recorded in October 2025.

Taken by segment, goods exports stood at US$ 49.47 billion against US$ 34.11 billion a year ago, while goods imports moved up from US$ 76.69 billion to US$ 89.35 billion. On the services side, exports are estimated at US$ 40.51 billion and imports at US$ 20.72 billion, set against US$ 35.17 billion and US$ 17.73 billion respectively in the same month of 2025.

The month at a glance

Seven months of the financial year

Counting April to October of 2026-27 together, exports are estimated at US$ 568.84 billion, a gain of 16.66 percent on the US$ 487.59 billion of the matching seven months of 2025-26. Imports for the stretch are put at US$ 662.19 billion. Goods exports over these months reached US$ 309.06 billion from US$ 253.40 billion, a rise of 21.96 percent, while goods imports climbed to US$ 527.21 billion from US$ 452.86 billion. The goods trade deficit for the period widened to US$ 218.15 billion from US$ 199.46 billion.

Which products pulled exports up

Five groups were named as the main engines of goods export growth during the month. Petroleum products grew quickest, adding 140.21 percent to move from US$ 3.70 billion to US$ 8.89 billion. Electronic goods gained 62.70 percent, rising from US$ 4.08 billion to US$ 6.64 billion. Gems and jewellery added 40.06 percent to reach US$ 3.21 billion from US$ 2.29 billion. Organic and inorganic chemicals grew 36.20 percent to US$ 2.89 billion from US$ 2.12 billion, and engineering goods rose 36.01 percent, going from US$ 9.37 billion to US$ 12.74 billion.

Leaving petroleum aside, exports across the seven months were US$ 259.22 billion against US$ 219.66 billion, a growth of 18.01 percent. Services exports for April to October are estimated at US$ 259.78 billion and services imports at US$ 134.98 billion.