India’s Exports Rise Across Geographies, with Africa and ASEAN Leading Growth in April-August FY27
- IBEF
- October 19, 2026
India’s merchandise exports registered strong growth across key regions during April-August FY27, led by Africa, the Association of Southeast Asian Nations (ASEAN) and North-East Asia, reflecting efforts to diversify export markets. Exports to Africa surged 47% to Rs. 2.49 lakh crore (US$ 26.19 billion), compared with Rs. 1.58 lakh crore (US$ 17.83 billion) in the year-ago period, increasing Africa’s share in India’s total exports to 12.2% from 9.7%. Within the region, shipments to East Africa nearly doubled, rising 94% to Rs. 0.85 lakh crore (US$ 8.95 billion), while exports to the Southern African Customs Union (SACU) grew 53% to Rs. 0.48 lakh crore (US$ 5.09 billion) and those to North Africa increased 33% to Rs.0.38 lakh crore (US$ 4.03 billion). West Africa recorded 7% growth to Rs. 0.53 lakh crore (US$ 5.57 billion).
Exports to ASEAN increased 56% to Rs. 2.19 lakh crore (US$ 23.08 billion), while shipments to North-East Asia rose 37% to Rs. 1.99 lakh crore (US$ 21.03 billion) during the five-month period. Exports to South Asia and other European countries also increased 24%. West Asia, which had been affected by the US-Iran war, showed gradual recovery, with exports rising from Rs. 0.40 lakh crore (US$ 4.20 billion) in April to Rs. 0.48 lakh crore (US$ 5.01 billion) in August. Product-wise, exports of light-duty trucks and medium-duty trucks increased 71% and 67%, respectively. Optical fibre and cable exports surged 158% to Rs. 4,590.92 crore (US$ 483 million), while electrical control board shipments nearly doubled to Rs. 2,880.02 crore (US$ 303 million). Overall, India’s merchandise exports rose 18.51% to Rs. 24.70 lakh crore (US$ 259.89 billion) during April-September FY27, compared with Rs. 19.38 lakh crore (US$ 219.30 billion) in the corresponding period of the previous fiscal year.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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