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India September Exports Surge 23 Percent To Reach $44.4 Billion
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Forbes India•15-10-2026, 19:50
India September Exports Surge 23 Percent To Reach $44.4 Billion
- •India's merchandise exports grew 23 percent year-on-year to $44.4 billion in September, marking the sixth consecutive month of double-digit growth.
- •Electronic goods led the surge with a 70.4 percent jump to $5.31 billion, alongside strong performances in engineering goods and petroleum products.
- •The monthly trade deficit narrowed to $30.21 billion from $32.96 billion in the previous year, though it widened compared to August.
- •For the April to September period, merchandise exports rose 18.5 percent to $259.89 billion while imports increased by 16.3 percent to $437.53 billion.
- •Shipments to the United States led destination gains with a 48 percent increase to $8.03 billion, while gold imports saw a significant decline of 81.3 percent.
Key Questions Answered
India's merchandise exports rose 23 percent year-on-year to $44.4 billion in September, marking the sixth straight month of double-digit growth according to commerce ministry data.
Electronics was the standout performer, with exports of electronic goods jumping 70.4 percent to $5.31 billion.
Gold imports fell 81.3 percent to $1.8 billion from $9.61 billion a year ago, and silver imports dropped 49.1 percent, which helped hold down the overall import bill.
