India’s goods exports increased by nearly 15% in the first two and a half months of 2026–27

India’s goods exports increased by nearly 15% in the first two and a half months of 2026–27

¨     India’s goods exports increased by nearly 15% in the first two and a half months of 2026–27 (April, May, and first 14 days of June 2026).

¨     India’s merchandise exports stood at US$ 88.91 billion during April–May 2026–27.

¨     Total exports of goods and services were estimated at US$ 162.69 billion for the same period.

¨     Merchandise exports refer to the export of physical goods such as petroleum products, engineering goods, chemicals, textiles, and agricultural commodities.

¨     Export data is compiled by the Ministry of Commerce and Industry for trade monitoring and analysis.

¨     Petroleum products exports increased sharply by 54.89% in May 2026, reaching US$ 8.42 billion.

¨     Petroleum products include refined fuels and related petroleum-based goods, which are a major component of India’s export basket.

¨     Global trade trends in 2026 also showed growth:

¨     The United States (Atlanta Fed GDPNow model) projected a 15.2% annualized increase in goods exports in Q2 2026.

¨     Latin America and the Caribbean recorded a 15.7% year-on-year growth in goods exports in Q1 2026.

¨     Growth in Latin America was driven mainly by mining and agribusiness products.