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Story summary
- India’s Ministry of Commerce reported merchandise exports rose 26.1% to $43.81 billion in August 2026.
- The trade deficit fell to $9.41 billion, down from $11.62 billion a year earlier.
- Merchandise imports grew 14% to $70.67 billion, with gold imports halving to $2.3 billion.
- Exports to China rose 38.71% in the first five months, while U.S. shipments grew 6.17%.
- Services exports reached $38.87 billion, contributing to a $17 billion services surplus.