India's Exports Under Free Trade Pacts Grew Faster than Imports in April-July: Piyush Goyal
- India's exports to countries with free trade agreements rose 23.9% year-on-year to $57.17 billion during April-July 2026, surpassing the overall merchandise export growth of 17% in the same period.
- The share of exports to FTA partner countries increased from 31.1% to 32.9% of India's total exports, with shipments to Singapore nearly doubling and exports to Oman rising following a new trade agreement.
- India's imports rose to $292.3 billion in April-July 2026, driven primarily by electronic components and computer hardware, reflecting growth in domestic manufacturing.
- The trade deficit with FTA partners narrowed from $34.2 billion to $32.6 billion during this period.
11 Articles
11 Articles
The Economic Times
India's exports under free trade pacts grew faster than imports in April-July: Piyush Goyal
Exports under free trade agreements are now growing faster than imports. Outbound shipments to FTA partner countries expanded by 23.9 percent to USD 57.2 billion. The trade deficit with FTA partners narrowed from USD 34.2 billion to USD 32.6 billion. Overall merchandise exports for the four-month period reached USD 173.8 billion. This indicates an improvement in the utilization of India's trade pacts.
India’s Exports Under Free Trade Pacts Grew Faster Than Imports in April-July: Piyush Goyal
Get latest articles and stories on Business at LatestLY. Exports under free trade agreements (FTAs) are now growing faster than imports under them, signaling an improvement in the utilisation of trade pacts, according to Union Minister of Commerce and Industry Piyush Goyal. Business News | India’s Exports Under Free Trade Pacts Grew Faster Than Imports in April-July: Piyush Goyal.
India’s exports under free trade pacts grew faster than imports in April-July: Piyush Goyal - The Tribune
Exports under free trade agreements (FTAs) are now growing faster than imports under them, signaling an improvement in the utilisation of trade pacts, according to Union Minister of Commerce and Industry Piyush Goyal.
India’s exports grew over 15% in first five months of FY2026-27, says commerce minister Piyush Goyal
India's merchandise exports have grown over fifteen percent in the current fiscal year. This growth highlights BRICS economies' potential to deepen trade in goods and services. Businesses face challenges accessing finance, buyers, and predictable rules for international trade. BRICS nations are exploring common trade infrastructure and digital integration for electronic documents. Services trade also presents significant untapped potential for e…
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