May 6 (BNP): India’s external trade has reached a historic milestone, with total exports of goods and services touching an all-time high of $863.11 billion in FY 2025–26.
The sharp rise was primarily driven by the robust performance of the services sector, which continued to outperform merchandise exports. Strong global demand for India’s IT services, business process outsourcing, consulting, and professional services played a major role in boosting overall export earnings.
Merchandise exports also contributed to the growth, though at a more moderate pace compared to services. At the same time, imports increased due to higher demand for crude oil, raw materials, and other industrial inputs, reflecting continued domestic consumption and manufacturing activity.
Despite global economic uncertainties, India’s export sector remained resilient and diversified. The strong services-led growth highlights the country’s increasing integration into global value chains and its rising importance as a global services hub.
Overall, the record export performance underscores the structural strength of India’s external sector, with services emerging as the key driver of growth in FY 2025–26.
