India's October Exports Estimated Up 29.9% to $89.99 Billion, Merchandise Exports at Record High
India's Ministry of Commerce and Industry released quick estimates on November 13, 2026: India's combined merchandise and services exports in October 2026 are estimated at $89.99 billion, up 29.90 per cent year on year, with merchandise exports of $49.47 billion, the highest monthly figure on record, against $34.11 billion a year earlier. Total imports in October are estimated at $110.07 billion, up 16.58 per cent.
For the first seven months of fiscal 2026-27 (April to October), total exports are estimated at $568.84 billion, up 16.66 per cent from $487.59 billion a year earlier, with merchandise exports of $309.06 billion, up 21.96 per cent. The United States is India's largest export market, taking $59.52 billion in April-October.
The October merchandise trade deficit widened to $39.88 billion, a one-year high, driven by gold and energy imports, while the combined goods and services deficit narrowed to $20.09 billion. The ministry noted that October services figures are estimates, with the Reserve Bank of India's latest actual services data running to September. (Source: India Ministry of Commerce and Industry)
Source: India Ministry of Commerce and Industry
Published by GSM · USA (original Chinese edition)
Photo: 图：印度孟买至艾哈迈达巴德高速铁路走廊在建高架线路（资料图）。照片：Kshitij08，CC0，经 Wikimedia Commons。 / Elevated viaduct of India's Mumbai-Ahmedabad high-speed rail corridor under construction (file photo). Photo by Kshitij08, CC0, via Wikimedia Commons.
