How much does India export in goods each month?

History

Merchandise means goods only, not services. The monthly figure is the ministry's first estimate for the month and can be revised in later releases. Goods imports in September 2026 were US$ 74.61 billion, so India imported more goods than it exported.

The figures side by side

How we got this number

1. Take the merchandise exports line from the Ministry of Commerce and Industry's monthly press release on PIB: US$ 44.40 billion for September 2026, against US$ 36.08 billion in September 2025.
2. Read the year-on-year growth from the ministry's data release as reported by DD News: 23.04 per cent for September 2026.
3. Put it next to the earlier months in the ministry's own releases: US$ 45.20 billion in May, US$ 40.41 billion in June, US$ 44.24 billion in July and US$ 43.81 billion in August 2026.

What this number does not tell you

• Merchandise exports are goods only. Services exports are published separately by the RBI, with a different release date.
• The ministry's monthly goods figures are first estimates and are revised in later releases.
• The 23.04 per cent growth rate is read from DD News (Prasar Bharati), which reports the ministry's data release; the US$ figures are from the PIB release itself.

Sources

1. Ministry of Commerce and Industry, PIB press release on trade data for September 2026, 15 October 2026Merchandise exports during September 2026 were US$ 44.40 Billion as compared to US$ 36.08 Billion in September 2025. Merchandise imports during September 2026 were US$ 74.61 Billion as compared to US$ 69.08 Billion in September 2025. Fig 3: Merchandise Trade during September 2026 Merchandise exports during April-September 2026-27 were US$ 259.89 Billion as compared to US$ 219.30 Billion during April-September 2025-26.
2. Ministry of Commerce and Industry data, reported by DD News (ANI), 15 October 2026India’s merchandise exports registered a strong growth of 23.04 per cent in September 2026, rising to USD 44.40 billion from USD 36.08 billion in the corresponding month last year, according to data released by the Ministry of Commerce and Industry on Thursday.
3. Ministry of Commerce and Industry, PIB press release on trade data for August 2026, 15 September 2026Merchandise exports during August 2026 were US$ 43.81 Billion as compared to US$ 34.74 Billion in August 2025.
4. Ministry of Commerce and Industry, PIB press release on trade data for July 2026, 13 August 2026Merchandise exports during July 2026 were US$ 44.24 Billion as compared to US$ 36.98 Billion in July 2025.
5. Ministry of Commerce and Industry, PIB press release on trade data for June 2026, 13 July 2026Merchandise exports during June 2026 were US$ 40.41 Billion as compared to US$ 34.98 Billion in June 2025.
6. Ministry of Commerce and Industry, PIB press release on trade data for May 2026, 15 June 2026Merchandise exports during May 2026 were US$ 45.20 Billion as compared to US$ 38.30 Billion in May 2025.

Questions people ask

How much did India export in goods in September 2026?

US$ 44.40 billion, up 23.04% from US$ 36.08 billion a year earlier (Ministry of Commerce and Industry).

How much have India's goods exports totalled so far in 2026-27?

US$ 259.89 billion from April to September 2026-27, against US$ 219.30 billion in the same months of 2025-26.

Do these figures include services?

No. This page is goods only. Services exports for the same month are published by the RBI and are on the services exports page.

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This figure is from Ministry of Commerce and Industry's own release or a report quoting it. We recheck it monthly. If you have a newer or better source, send it to us.