Amidst the ongoing uncertainty regarding tariffs and trade deal with America, a good growth in India’s exports has been recorded. During the first six months of the current financial year 2026-27, i.e. from April to September, India exported goods worth $ 50.80 billion to America. In the same period of the last financial year, this figure was 45.73 billion dollars. That means India’s exports to America have increased by about 11% on an annual basis.
According to Commerce Department data, America still remains India’s largest export market in the American continent. The special thing is that the increase in exports was not limited to America only. Demand for Indian goods has also increased in markets like Brazil, Mexico and Canada.
India’s exports to the American continent increased by 13%
India’s total exports to the entire American continent increased by 13% to $66.82 billion during April-September 2026. It was $59.30 billion in the same period of the last financial year. Exports to other major markets have also increased.
- Brazil: Exports increased by 14% to $4.33 billion.
- Mexico: Exports increased by 26% to $3.45 billion.
- Canada: Exports increased by 18% to $2.67 billion.
Talks are also going on between India and Canada regarding Comprehensive Economic Partnership Agreement (CEPA). This is expected to increase trade between the two countries and make market access easier.
What is the update on India-US trade deal?
Negotiations on the proposed bilateral trade agreement (BTA) between India and America started in February 2025. Its objective is to strengthen trade and economic relations between the two countries, increase market access and remove trade related barriers.
On November 2 and 3, the US delegation held talks with Commerce Ministry officials in New Delhi. During this, issues related to custom process and ease of doing business were discussed.
Commerce and Industry Minister Piyush Goyal has earlier said that most of the negotiations regarding the proposed agreement have been completed. Both sides are now busy finalizing the remaining issues. However, the date of when the agreement will be signed and when it will be implemented has not been decided yet.
Exports to Europe increased by 8%, to Africa by 44%
The increase in India’s exports is not limited to the American market only. India’s exports to Europe increased by 8% to $51.04 billion during April-September 2026.
Demand for Indian goods has also increased in major markets of Europe.
- Britain: Exports increased by 7% to $7.32 billion.
- Germany: Exports increased by 12% to $6.34 billion.
India and the European Union (EU) had completed the negotiations of the Free Trade Agreement (FTA) in January 2026. Both sides are now working towards signing the agreement and implementing it.
At the same time, the India-UK Comprehensive Economic and Trade Agreement (CETA) has come into effect from July 15, 2026. Under this, about 99% of India’s exports have got market access in Britain at zero duty.
21% more exports to Asia and 44% more to Africa
Good growth in India’s exports has been recorded in other sectors also. India’s exports to Africa increased by 44% to $31.42 billion during April-September FY27. At the same time, exports to Asia increased by 21% to $103.84 billion.
The scope of India’s export markets is increasing. Despite ongoing talks regarding trade deals and tariffs with America, Indian exporters are benefiting from demand in other major markets as well.
Source: ndtv.in
