India's exports hit record $89.99 billion in October; trade deficit narrows to $20.09 billion
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4 Articles
India's foreign trade set a new record in October 2026. Merchandise exports increased by 45.06 percent to $49.47 billion, while total exports of goods and services totaled $89.99 billion. Petroleum, electronic goods, gems and jewelry, and engineering products contributed significantly to this growth. Significantly, exports increased in 43 of India's top 50 export markets.
India achieves historic $90 billion export milestone in October: Piyush Goyal at IITF inauguration
India is "well on track" to achieve the USD 1 trillion export target for the current financial year ending March, notwithstanding the disruptions caused by geopolitical uncertainties, Commerce Minister Piyush Goyal said on Friday. Addressing a gathering at the inauguration of the India International Trade Fair (IITF) here, Goyal highlighted that India had recorded an all-time high exports of nearly USD 90 billion in October 2026, comprising appr…
India's exports hit record $89.99 billion in October; trade deficit narrows to $20.09 billion
India achieves a record-breaking $89.99 billion in exports for October, marking a 29.9% surge compared to last year, while the trade deficit narrows to $20.09 billion, showcasing broad-based growth across sectors and regions.
India’s exports surge nearly 30% in October, trade gap narrows
India's overall exports, comprising merchandise and services, surged nearly 30 per cent to USD 89.99 billion in October, compared with USD 69.27 billion in the corresponding month last year, driven by strong growth in merchandise shipments, according to data presented by the Ministry of Commerce and Industry on Friday.
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