New Delhi, March 17 -- Indias merchandise exports were USD 36.61 billion in February 2026, down 0.81 per cent year-on-year (YoY), while imports rose 24.11 per cent to USD 63.71 billion, resulting in a USD 27.1 billion trade deficit.
Overall exports (goods and services) grew 11.05 per cent YoY to USD 76.13 billion and imports rose 21.64 per cent to USD 80.09 billion, resulting in a trade deficit of USD 3.96 billion, supported by strong services exports and steady domestic demand, according to Commerce & Industry Ministry data.
Services exports continued to remain a key driver, rising to USD 39.53 billion from USD 31.65 billion a year ago. Services imports also increased to USD 16.38 billion, resulting in a strong surplus that helped ...