Economy, Banking and Finance · 19 March 2026

Ministry of Commerce and Industry (MoCI) records India's total exports at US$ 790.86 billion for April 2025-February 2026

Exam-focused facts from the 19 March 2026 current affairs briefing.

Key facts

  • India's total merchandise and services exports grew by 5.79% to reach US$ 790.86 billion (₹72.76 lakh crore) between April 2025 and February 2026.
  • The Ministry of Commerce and Industry (MoCI) reported that merchandise exports during this period reached US$ 402.93 billion (₹37.07 lakh crore), an increase of 1.84% compared to the previous year.
  • Non-petroleum exports rose by 5.03% to US$ 354.12 billion (₹32.58 lakh crore) during the April-February period.
  • Merchandise imports reached US$ 713.53 billion (₹65.64 lakh crore), resulting in a merchandise trade deficit of US$ 310.60 billion (₹28.58 lakh crore).
  • Services exports reached US$ 387.93 billion (₹35.69 lakh crore), creating a services trade surplus of US$ 200.96 billion (₹18.49 lakh crore).
  • In February 2026, India's export value reached US$ 76.13 billion (₹7.00 lakh crore), representing an 11.05% increase compared to the previous year.
  • Export growth was supported by sectors including engineering goods, electronics, chemicals, gems and jewellery, agri-based products, pharmaceuticals, marine products, rice, handicrafts, coffee, meat, dairy, and poultry products.
  • Significant export growth was recorded in markets including China, Hong Kong, Vietnam, Togo, Sri Lanka, the United States, and the United Arab Emirates.