India witnesses a sharp jump in October exports

India saw total exports grow by 29.9% to reach $89.99 billion in October, according to official government figures released on Friday, November 13, 2026. This combined figure for merchandise and services compares to $69.27 billion recorded in the same month during the previous year.

Imports and Trade Deficit

Imports for the month climbed to $110.07 billion in October, up from $94.42 billion reported in October of last year. At the same time, the country's trade deficit narrowed down to $20.09 billion, compared to $25.15 billion in October 2025.

Context

Trade data tracks how much a country sells and buys abroad, which is a key measure of economic health. A narrowing trade deficit means the gap between imports and exports has reduced compared to the previous year.