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Informist, Tuesday, Sept. 15, 2026

 

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--Trade secy: Good momentum of exports continuing 
--India Aug merchandise exports $43.81 bln vs $34.74 bln year ago
--India Aug merchandise trade deficit $26.86 bln vs $27.22 bln year ago
--India Aug merchandise imports $70.67 bln vs $61.96 bln yr ago
--Trade secy: Surge in imports on back of economic expansion
--India Apr-Aug merchandise exports $215.91 bln vs $183.21 bln year ago
--India Apr-Aug merchandise imports $363.00 bln vs $307.09 bln year ago 
--India Apr-Aug merchandise trade deficit $147.09 bln vs $123.88 bln year ago 
--India Apr-Aug non-oil imports $267.43 bln vs $229.02 bln year ago
--India Apr-Aug non-oil exports $180.61 bln vs $157.89 bln year ago
--India Apr-Aug gold imports $17.47 bln vs $16.90 bln year ago
--India Aug gold imports $2.30 bln vs $5.44 bln year ago 
--India Apr-Aug imports from Russia $41.44 bln vs $26.45 bln year ago
--India Apr-Aug imports from US $28.09 bln vs $21.67 bln year ago
--India Apr-Aug imports from China $65.49 bln vs $51.56 bln year ago 
--India Apr-Aug exports to US $42.79 bln vs $40.31 bln year ago 
--India Apr-Aug exports to China $9.61 bln vs $6.93 bln year ago
--Govt: India Aug services trade exports $38.87 bln vs $31.19 bln year ago 
--Govt: India Aug services trade imports $21.42 bln vs $15.59 bln year ago
--Govt: India Aug services trade surplus $17.45 bln vs $15.6 bln year ago
--India Apr-Aug oil imports $95.57 bln vs $78.07 bln year ago
--Govt: India Aug services trade surplus $17.45 bln vs $15.6 bln year ago
--India Apr-Aug oil imports $95.57 bln vs $78.07 bln year ago
--India Apr-Aug electronic goods imports $66.48 bln vs $46.31 bln year ago
--India Apr-Aug petroleum product exports $35.31 bln vs $25.32 bln year ago
--India Apr-Aug engineering goods exports $58.70 bln vs $49.10 bln year ago 
--India Apr-Aug electronic goods exports $26.66 bln vs $19.08 bln year ago

 

NEW DELHI – India's merchandise trade deficit narrowed to a five-month low of $26.86 billion in August as imports moderated sequentially. According to data detailed by the commerce ministry on Tuesday, India's goods trade deficit fell 16% on month in August, with imports declining 7.3% compared to July. Exports fell 1% on month in August.

 

The trade deficit in August was lower than $31.98 billion in July.

 

On a year-on-year basis, goods exports jumped 26% to $43.81 billion in August and imports rose 14% to $70.67 billion. The trade deficit of $26.86 billion in August was down 1.3% on year. In July, India had exported goods worth $44.24 billion and imported goods worth $76.22 billion.

 

 

The services trade surplus grew 12% on year to $17.45 billion in August even as services trade imports rose at a quicker pace than the services trade exports last month. Services trade imports rose 37.4% on year to $21.42 billion and services trade exports grew 24.6% to $38.87 billion in August.

 

The overall trade – goods and services – deficit fell 19% on year to $9.41 billion in August, with overall imports growing nearly 18.7% on year to $92.09 billion. Overall exports rose over 25.4% on year to $82.68 billion in August.

 

Commerce Secretary Rajesh Agrawal said India's exports were continuing to see good momentum. Imports have been surging on the back of economic expansion, he added.

 

For Apr-Aug, India's merchandise trade deficit widened nearly 18.7% on year to $147.09 billion. Merchandise imports rose over 18.2% on year to $363.00 billion in Apr-Aug, while exports grew 17.8% on year to $215.91 billion during the period. 

 

The rise in India's merchandise imports in Apr-Aug was mainly due to higher inbound shipments of petroleum products, electronic goods, and gold. India imported crude oil worth $95.57 billion during Apr-Aug, higher than $78.07 billion a year ago. Non-oil imports increased to $267.43 billion in Apr-Aug from $229.02 billion in the corresponding period a year ago.

 

Within non-oil imports, electronic goods imports surged to $66.48 billion during the period from $46.31 billion a year ago. Gold shipments rose to $17.47 billion in the first five months of the current financial year, up from $16.90 billion a year ago.

 

China was India's biggest import source nation in Apr-Aug, with goods imports worth $65.49 billion, up from $51.56 billion a year ago. Imports from Russia rose nearly 57% on year in Apr-Aug to $41.44 billion. 

 

Imports from the US rose to $28.09 billion in Apr-Aug from $21.67 billion a year ago. Similarly, outbound shipments to the US rose to $42.79 billion during the period from $40.31 billion a year ago.

 

Exports to China increased nearly 39% on year to $9.61 billion in Apr-Aug. Outbound shipments to Singapore jumped 96.7% on year in Apr-Aug to $9.5 billion. Goods exports to the United Arab Emirates were down nearly 11% on year at $13.59 billion in Apr-Aug.

 

During Apr-Aug, India's exports of petroleum products rose to $35.31 billion from $25.32 billion a year ago. Electronic goods exports increased to $26.66 billion during the period, higher than $19.08 billion worth of such good exported a year ago. Exports of engineering goods grew to $58.70 billion in the last five months from $49.10 billion a year ago.  End

 

US$1 = INR 95.96

 

Reported by Pratiksha, Priyasmita Dutta, and Shweta

Edited by Avishek Dutta

 

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