India’s Exports Rise 13.17% to US$ 80.45 Billion in January 2026
- IBEF
- February 17, 2026
India's overall export figures, including both merchandise and services, grew at a healthy rate of 13.17% year-on-year to reach US$ 80.45 billion in January 2026. The growth was mainly due to the continuous growth in services exports, which grew substantially compared to the previous year. In contrast, merchandise export growth was flat. As per the data released by the Commerce Ministry, the export figures indicate the resilience of the trade sector of the economy despite the overall global economic uncertainty. The export figures also indicate the growing importance of services like IT, business, and financial services, which have become the major export contributors for the country in recent times.
Meanwhile, imports grew at a faster rate of 18.76% to reach US$ 90.83 billion during the same period. The trade deficit thus widened to US$ 10.38 billion compared to US$ 5.39 billion in January 2025. While merchandise exports grew by a small margin to US$ 36.56 billion compared to US$ 36.34 billion, services exports grew substantially to US$ 43.90 billion compared to US$ 34.75 billion. The growing imports indicate the overall buoyancy of the economy, but at the same time, also call for the need to improve export competitiveness to maintain the balance. The overall export and import figures indicate the growing footprint of the economy in the global arena and call for strategic policy initiatives to sustain the momentum of growth.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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