Economy, Banking and Finance · 21 August 2026

Ministry of Commerce & Industry (MoCI) data: India's total exports increased 13.31% to USD 80.14 billion in July 2026

Exam-focused facts from the 21 August 2026 current affairs briefing.

Key facts

  • Ministry of Commerce & Industry (MoCI) data shows India's total exports (merchandise and services) rose 13.31% year-on-year to USD 80.14 billion in July 2026.
  • Total imports increased 15.83% to USD 95.16 billion, resulting in a trade deficit of USD 15.03 billion for July 2026.
  • Cumulative exports for April-July 2026-27 stood at USD 316.42 billion, up 13.16% from USD 279.63 billion in the same period of 2025-26.
  • Merchandise exports in July 2026 rose to USD 44.24 billion from USD 36.98 billion in July 2025, while merchandise imports increased to USD 76.22 billion from USD 64.86 billion.
  • Services exports were estimated at USD 35.89 billion in July 2026, compared with USD 33.74 billion a year earlier, and services imports rose to USD 18.94 billion from USD 17.30 billion.
  • Petroleum products exports surged 67.64% to USD 6.92 billion, and electronic goods exports grew 57.40% to USD 5.92 billion in July 2026.
  • Among top export destinations, China saw a 64.57% growth, Singapore 83.7%, and USA 12.85% in July 2026.