So we also see that India's total exports are on a growth trajectory in June 2026 at $73.45 billion which is up 9.48 percent from $67.09 billion in June 2025. And this is when the world trade and geopolitical challenges and even the economy of India are still improving.
In the same month, merchandise exports were estimated to have been $40.41 billion (up from $34.98 billion). And services exports were estimated at $33.03 billion (up from $32.11 billion) and India’s IT, business services and professional services sectors continued to perform well.
As for the import, total imports (goods and services) were estimated at $88.76 billion, a 26.85% increase from June 2025. Merchandise imports were estimated at $70.84 billion and services imports were estimated at $17.92 billion. The overall trade deficit of India for June is $15.32 billion, which is because more imports have been made in the month.
Even though the overall trade deficit was wider, export performance was still encouraging in a number of sectors. Electronic goods, organic and inorganic chemicals, engineering products and agricultural products like rice were very strong exports, according to the Commerce Ministry. Electronics is still one of the export categories that is growing fast, with a rise in global demand and growth of domestic manufacturing under the production-linked incentive (PLI) scheme.
The first quarter of the year also saw positive results. For April-June FY2026-27, India's total exports are expected to increase by 11.37% to $232.73 billion as compared to $208.98 billion during the same period of the year. Merchandise exports rose to $129.32 billion and services exports to $103.41 billion as both segments grew in a balanced manner.
Commerce officials said that the export sector of India's economy has been resilient against challenges in the face of geopolitical tension in West Asia, supply chain disruption, supply chain instability and changing world demand. And high value-added manufacturing, pharmaceuticals, engineering goods, electronics, and digital services have helped compensate for the weakening of some traditional export sectors with strong growth in value-added manufacturing, pharmaceuticals, engineering goods, electronics, and digital services.
The high level of exports has been an indication of India's improving competitiveness in the international market,” economists say. Government action to boost manufacturing, expand trade collaborations, build logistics infrastructure and encourage export-oriented industries will help in the coming months to further boost the country’s export performance.
While imports -especially of crude oil, electronics, machinery, and precious metals -have widened the trade deficit, analysts say that increased imports of capital goods and industrial inputs could also support domestic production and long-term economic growth.
The June trade numbers, in general, also underline India’s status as one of the world’s fastest-growing major trading countries. Exports and services are strong and we see that as things are going well in the world at large, and in this context we are optimistic that the country can continue to grow exports on an optimistic note during the rest of this year despite the uncertainty in the world’s economy.
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