US, UAE, China, Netherlands and UK were key export destinations
The Federation of Indian Export Organisations (FIEO) has welcomed India’s robust foreign trade performance in FY 2025–26, with total exports (merchandise and services) crossing a significant milestone of US$860.09 billion, reflecting the resilience and competitiveness of the export sector.
Merchandise exports during the year stood at US$441.78 billion, while total exports in March 2026 alone reached US$74.11 billion. Overall imports for FY 2025–26 were recorded at US$979.40 billion, indicating strong domestic demand and industrial activity.
Commenting on the performance, FIEO President S. C. Ralhan said on 15 April, “Crossing US$860 billion in exports is a notable achievement, particularly amid global uncertainties, supply chain disruptions, and fluctuating demand. It highlights the adaptability and strength of Indian exporters.”
He noted that export growth was driven by a diversified basket, including engineering goods, petroleum products, electronics, pharmaceuticals, chemicals, textiles, gems & jewellery, rice, and marine products, strengthening India’s position in global value chains.
The US, UAE, China, Netherlands, and the UK remained key export destinations. FIEO emphasized the need to further diversify markets and effectively leverage Free Trade Agreements to expand India’s global footprint.
Ralhan underlined that improving logistics efficiency, reducing transaction costs, and ensuring affordable credit—especially for MSMEs—will be critical to sustaining export momentum.
“With continued policy support and trade facilitation, India is well poised to enhance its share in global trade and move towards becoming a leading export powerhouse under the vision of Viksit Bharat,” he added. fiinews.com
