UAE, China, Hong Kong, Netherlands and Italy top five export destinations
The cumulative exports (merchandise & services) during April-January 2025-26 increased by 6.15% to US$720.76 billion from US$679.02 billion in April-January 2024-25, the Ministry of Commerce and Industry said on 16 Feb.
For the month of Jan 2026, total exports (Merchandise and Services combined) were estimated at US$80.45 billion, a growth of 13.17% vis-à-vis January 2025. Total imports (Merchandise and Services combined) for January 2026 were estimated at US$90.83 billion, registering a positive growth of 18.76 percent vis-à-vis January 2025.
Top 5 export destinations, in terms of change in value, exhibiting positive growth in January 2026 vis a vis January 2025 are United Arab Emirates (29.27%), China (55.65%), Hong Kong (98.72%), the Netherland (20.47%) and Italy (32.1%).
Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-January 2025-26 vis a vis April-January 2024-25 are China (38.37%), US (5.85%), United Arab Emirates (9.56%), Spain (48.39%) and Hong Kong (30.72%).
Top 5 import sources, in terms of change in value, exhibiting growth in January 2026 vis a vis January 2025 are Switzerland (836.85%), United Arab Emirates (48.38%), China (16.67%), US (23.71%) and UK (75.38%), the Ministry said.
Top 5 import sources, in terms of change in value, exhibiting growth in April-January 2025-26 vis a vis April-January 2024-25 are China (13.82%), United Arab Emirates (12.03%), US (13.87%), Hong Kong (27.02%) and Singapore (14.2%). Fiinews.com
