The cumulative exports (merchandise & services) during FY 2025-26 (April-March) is estimated at US$ 860.09 Billion, as compared to US$ 825.26 Billion in FY 2024-25 (April-March), an estimated growth of 4.22%.

• Cumulative exports (merchandise + services) in FY 2025-26 hit US$ 860.09 Bn, up 4.22% from US$ 825.26 Bn in FY 2024-25 — a fresh all-time high.
• Growth driven overwhelmingly by services exports (+7.94%); merchandise exports near-flat at +0.93%.
• Merchandise trade deficit widened sharply to US$ 333.19 Bn (vs US$ 283.50 Bn), as imports grew 7.46% against tepid export growth.
• Released by Department of Commerce, Ministry of Commerce & Industry — examinable for GS-III (Indian Economy: External Sector).