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India's Exports Reach USD 232.73 Billion in Q1 FY27

16 July 2026National

The <b>Ministry of Commerce and Industry (MoC&I)</b> released trade data for <b>Q1 (April-June) of FY2026-27</b>. India's total exports in Q1 FY27 stood at <b>USD 232.73 billion</b> and total imports at <b>USD 270.15 billion</b>. Merchandise exports were <b>USD 129.32 billion</b> (up from USD 111.57 bn in Q1 FY26) and services exports were estimated at <b>USD 103.41 billion</b>. Merchandise imports stood at USD 216.18 billion and service imports at USD 53.97 billion.

Static GK

Commerce & Industry Minister: Piyush Goyal | India's financial year runs April-March | DGFT is the export-import policy body under MoC&I

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India's total exports hit USD 232.73 billion in Q1 FY27, with merchandise exports at USD 129.32 billion and services exports at USD 103.41 billion.

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