Trade / Import-Export Data

India’s trade momentum remains robust, with cumulative exports reaching $316.42 billion in April-July 2026, a 13.16% year-on-year increase driven by petroleum products and electronic goods. The government is actively fostering trade partnerships, exemplified by the signing of Terms of Reference for a Preferential Trade Agreement with the Southern African Customs Union and the conclusion of the 16th BRICS Trade Ministers’ Meeting, which adopted the Jaipur Consensus to address trade finance gaps for MSMEs. Simultaneously, initiatives like the operationalization of the cross-border e-commerce export framework and the focus on strengthening market linkages for organic farmers signal a broader push to diversify export markets and enhance the competitiveness of Indian businesses, positioning the nation to achieve its ambitious $1 trillion export target this year.