India's total exports cross US$ 476 billion in the first half of the fiscal year

The Ministry of Commerce and Industry released trade data for September 2026 on 15 October 2026.
India's total exports during April-September 2026-27 are estimated at US$ 476.20 billion, a growth of 13.84 per cent over US$ 418.31 billion a year earlier.
Total imports in the same period are estimated at US$ 551.13 billion, a growth of 15.68 per cent.
Merchandise exports in September 2026 were US$ 44.40 billion against US$ 36.08 billion in September 2025.
The services trade surplus for April-September 2026-27 is estimated at US$ 102.71 billion.
Exports of electronic goods grew 70.44 per cent, the fastest among major categories.

Total exports April-September 2026-27: US$ 476.20 billion Total imports April-September 2026-27: US$ 551.13 billion Trade balance: -US$ 74.93 billion Electronic goods export growth: 70.44 per cent
Why it matters for exams: Half-yearly trade figures and the trade deficit are standard economy questions in Kerala PSC and UPSC prelims.
Kerala PSCUPSCBank
15 October 2026 Source: Press Information Bureau

In plain words

Merchandise trade Trade in physical goods — Trade in physical goods, as distinct from services trade.