India's goods exports rose 15% in Apr-May, says govt source
This story was originally published at 17:48 IST on 8 June 2026
Register to read our real-time news.Informist, Monday, Jun. 8, 2026
--Govt source: India Apr-May goods exports rose 15%
--Govt source: India Apr-May non-oil goods exports rose 11%
--Govt source: Some progress made on India-UK FTA implementation
NEW DELHI - India's merchandise exports rose 15% in the first two months of 2026-27 (April-Mar), a government official said Monday. Goods exports had risen 13.8% on year to $43.56 billion in April, the highest since March 2022, implying that outbound shipments rose even quicker in May.
According to the official, who spoke on the condition of anonymity, India's non-oil exports rose 11% in Apr-May. In April, non-petroleum exports rose 9% on year to $33.97 billion. India's exports have remained resilient in the face of external pressures – first the 50% tariff by the US in FY26 and now the war in West Asia.
India and the UK have made some progress on the implementation of the Comprehensive Economic and Trade Agreement, which has been delayed by Britain's new curbs on steel imports, the official said. Starting Jul. 1, the UK will cut quotas on steel imports by 60% and raise duties outside those quotas to 50% in an effort to shield domestic steel producers. These curbs were not factored in when the trade agreement was being negotiated between India and the UK.
Under the trade deal, the UK has committed to tariff concessions on 99% of Indian goods exports to the country. New Delhi has also offered duty cuts on 90% tariff lines. End
US$1 = INR 95.71
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Shubham Rana
Edited by Avishek Dutta
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
