India’s merchandise exports rose 26.12% in August 2026 to $43.81 billion, showing strong growth in overseas shipments.

Merchandise imports also increased during the month. Imports rose 14.1% to $70.67 billion, according to the reported trade data.

Trade Deficit Falls in August

The rise in exports helped narrow India’s merchandise trade deficit. The deficit stood at $26.86 billion in August.

The figure was lower than the $27.20 billion deficit recorded in August 2025. It was also below the $31.98 billion deficit reported in July 2026.

Exports grew faster than imports during the month. This helped reduce the gap between merchandise exports and imports.

Export Growth in Global Markets

India recorded growth in merchandise exports across several overseas markets in August. The increase comes as global trade conditions remain closely linked to commodity prices and demand.

The export rise also comes despite higher global crude oil prices. The latest figures point to stronger merchandise export activity in August 2026.