India's Merchandise Exports Show Robust Growth

In a significant uptick, India's merchandise exports reached $37.24 billion in July, marking a 7.29% increase from the previous year's $34.71 billion. This growth underscores the country's strengthening position in global trade.

Trade Deficit and Import Figures

The trade deficit for July was reported at $27.35 billion, with imports growing by 8.6% year-on-year to $64.59 billion, as per PTI reports.

Cumulative Trade Performance

From April to July 2025-26, exports witnessed a 3.07% growth to $149.2 billion, while imports advanced by 5.36% to $244.01 billion, highlighting a steady upward trajectory in trade activities.

Sector-wise Export Highlights

Electronic goods led the export growth with a 46.93% surge to $4.15 billion. Other notable performers included drugs and pharmaceuticals, engineering goods, marine products, and meat, dairy, and poultry products, showcasing diverse growth across sectors.