India’s Exports Jump 29.9% To Nearly $90 Billion In October: Official Data

Last Updated:November 13, 2026, 2:52 PM IST

India’s exports jumped 29.9 per cent to $89.99 billion in October 2026, according to the latest government data.

India’s Latest Export Data.

India’s exports jumped 29.9 per cent to $89.99 billion in October 2026, according to the latest government data released on Friday. The country’s trade deficit also narrowed to $20.09 billion.

The country’s exports, including merchandise and services, stood at $69.27 billion in the same month last year. India’s trade deficit in October 2025 stood at $25.15 billion. Imports rose to $110.07 billion in October, from $94.42 billion in the same month last year.

Merchandise exports registered particularly strong growth of 45.06 per cent, rising to $49.47 billion in October 2026 from $34.11 billion in October 2025.

Meanwhile, merchandise imports increased to $89.35 billion during the month, compared with $76.69 billion in the year-ago period.

Despite the sharp increase in merchandise exports, India’s goods trade remained in deficit, with merchandise imports continuing to exceed exports.

In the services sector, exports were estimated at $40.51 billion in October 2026, compared with $35.17 billion in October 2025, reflecting continued growth in services receipts.

Services imports also increased to an estimated $20.72 billion from $17.73 billion in the corresponding month last year.

The services sector continued to record a trade surplus, helping offset the deficit in merchandise trade and supporting the improvement in the country’s overall trade position.

The ministry clarified that the latest available services sector data released by the Reserve Bank of India (RBI) pertains to September 2026, while the figures for October 2026 are estimates.

The October trade figures indicate that export growth outpaced import growth during the month, contributing to a reduction in the overall trade deficit compared with the corresponding period last year.

The strong performance of merchandise exports emerged as a key driver of India’s overall export growth during October.

(With inputs from agencies)

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What was India’s total export value in October 2026 according to government data?

India’s total exports, including merchandise and services, jumped by 29.9 per cent to reach $89.99 billion in October 2026.

How did India’s overall trade deficit change in October 2026 compared to the previous year?

The country’s overall trade deficit narrowed to $20.09 billion in October 2026, down from $25.15 billion recorded in October 2025.

What was the growth rate of merchandise exports in October 2026?

Merchandise exports registered strong growth of 45.06 per cent, rising to $49.47 billion in October 2026 compared with $34.11 billion in October 2025.

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