India, Nov. 14 -- India's merchandise exports rose 45% in October to $49.47 billion from $34.11 billion a year earlier, the highest monthly value on record, though costlier oil amid the conflict in West Asia kept the import bill rising.

Goods imports grew 16.51% to $89.35 billion from $76.69 billion in October 2025, according to data released by commerce secretary Rajesh Agrawal on Friday.

Agrawal said the growth was the fastest in five years and came across both products and markets, with 43 of India's 50 largest export destinations buying more than they did a year ago.

The figures come as India's trade deals with the UK and New Zealand take effect, operationalisation of an agreement with the European Union is due early next year, and...