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Business
India's Merchandise Exports Hit Record $49.47 Billion in October, Up 45%
✍️ Hindustan Times
🗓 14 Nov 2026, 06:20 AM
👁 32
India's merchandise exports jumped 45% to a record $49.47 billion in October, while imports rose 16.51% to $89.35 billion.
India’s merchandise exports surged 45% in October, reaching a record $49.47 billion, according to data released by the Ministry of Commerce and Industry. The rise follows a steady upward trend in exports over the past months, with key sectors such as pharmaceuticals, textiles and engineering goods contributing to the growth.
The same month saw imports climb 16.51% to $89.35 billion, reflecting increased demand for raw materials and capital goods. While exports outpaced imports, the trade deficit widened.
Economists note that the strong export performance is supported by favorable global demand and a resilient Indian manufacturing base.
The same month saw imports climb 16.51% to $89.35 billion, reflecting increased demand for raw materials and capital goods. While exports outpaced imports, the trade deficit widened.
Economists note that the strong export performance is supported by favorable global demand and a resilient Indian manufacturing base.