India's Foreign Trade - FY 2026-27
India's exports are running at a record pace in FY 2026-27. Goods and services together earned US$ 80.14 billion in July 2026 and US$ 316.42 billion over April to July, 13.16% more than a year earlier, though imports grew faster and the trade gap widened. Commerce Minister Piyush Goyal has set a US$ 1 trillion export target for the year, building on the US$ 863.1 billion India earned in FY 2025-26. This note tracks India's trade prints, the gains flowing from its trade agreements, and sector stories from toys to farm exports.
- exports
- imports
- trade deficit
- Ministry of Commerce
- merchandise trade
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