The cumulative value of merchandise exports during April-February 2025-26 was US$ 402.93 Billion, as compared to US$ 395.66 Billion during April-February 2024-25, registering a positive growth of 1.84%.

Exports during February 2025 – February 2026 indicates a mixed but broadly positive performance with key growth industries which include engineering goods (12.9%), electronic goods (10.37%), organic & inorganic chemicals (6.85%), and meat, dairy & poultry products (22.66%), reflecting strength in manufacturing and value-added segments, he added.

Looking at a more granular level, commodities such as coffee (31.92%), marine products (13.27%), and other cereals (170.14%) recorded strong growth.

India’s strategy of export diversification amidst ongoing geo-economic disruptions is paying off with strong growth been recorded in markets like China (32.37%), Vietnam (49.46%), and Hong Kong (32.14%) during February 2026, indicating expanding trade linkages in Asia, he said.

The Government’s continued efforts to strengthen India’s export ecosystem with targeted tactical policy support initiatives like recently introduced RELIEF Scheme aims to provide timely risk mitigation support to exporters to navigate disruptions in key maritime routes arising from supply-chain disruptions, he added.

Furthermore, policy initiatives, looking at long term, such as the Foreign Trade Policy (FTP) 2023, Export Promotion Mission, and digital trade facilitation eco-system are playing a critical role in sustaining export growth, he said.

Need for continued policy focus on reducing logistics costs, ensuring stable shipping routes, and supporting MSME exporters with affordable credit hold the key to address India’s widening current account deficit said Dr. Ranjeet Mehta, SG & CEO, PHDCCI.

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