India, June 15 -- The Government of India has issued a release:
May 2026
May 2025
Merchandise
Exports
45.20
38.30
Imports
73.41
60.86
Services*
Exports
36.76
32.46
Imports
19.06
16.70
Total Trade
Exports
81.96
70.76
Imports
92.47
77.55
Trade Balance
-10.51
-6.79
April-May 2026-27
April-May 2025-26
Merchandise
Exports
88.91
76.59
Imports
145.35
126.24
Services*
Exports
73.79
65.30
Imports
37.48
33.61
Total Trade
Exports
162.69
141.89
Imports
182.83
159.85
Trade Balance
-20.13
-17.96
May 2025 (US$ Billion)
Non- petroleum exports
36.78
32.87
Non- petroleum imports
50.73
46.11
Non-petroleum & Non-Gems & Jewellery exports
34.24
30.49
Non-petroleum & Non-Gems & Jewellery imports
46.09
41.44
April-May 2025-26
Non- petroleum exports
70.74
64.03
Non- petroleum imports
104.05
90.79
Non-petroleum & Non Gems & Jewellery exports
65.89
59.15
Non-petroleum & Non Gems & Jewellery imports
91.97
81.19
(US$ Billion)
(US$ Billion)
(Merchandise +Services) *
(US$ Billion)
(US$ Billion)
(Merchandise +Services) *
(US$ Billion)
(US$ Billion)
(US$ Billion)
India's total exports (Merchandise and Services combined) for May 2026* is estimated at US$ 81.96 Billion, registering a positive growth of 15.83 percent vis-a-vis May 2025. Total imports (Merchandise and Services combined) for May 2026* is estimated at US$ 92.47 Billion, registering a positive growth of 19.23 percent vis-a-vis May 2025.
Table 1: Trade during May 2026*
* Note: The latest data for services sector released by RBI is for April 2026. The data for May 2026 is an estimation. (ii) Data for April-May 2025-26 and April-December 2025 has been revised on pro-rata basis using quarterly balance of payments data.
Fig 1: Total Trade during May 2026*
India's total exports during April-May 2026-27* is estimated at US$ 162.69 Billion registering a positive growth of 14.66 percent. Total imports during April-May 2026-27* is estimated at US$ 182.83 Billion registering a growth of 14.38 percent.
Table 2: Trade during April-May 2026-27*
Fig 2: Total Trade during April-May 2026-27*
MERCHANDISE TRADE
Fig 3: Merchandise Trade during May 2026
Fig 4: Merchandise Trade during April-May 2026-27
Table 3: Trade excluding Petroleum and Gems & Jewellery during May 2026
Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 5: Trade excluding Petroleum and Gems & Jewellery during May 2026
Table 4: Trade excluding Petroleum and Gems & Jewellery during April-May 2026-27
Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-May 2026-27
SERVICES TRADE
Fig 7: Services Trade during May 2026*
Fig 8: Services Trade during April-May 2026-27*
*Link for Quick Estimates
*Exim Summary Export
*Exim Summary Import
*Exim Summary Country wise-Export
*Exim Summary Country wise-Import
Disclaimer: Curated by HT Syndication.
