New Delhi, Nov. 22 -- India's total merchandise exports during FY26, Apr-Sep 25 inched up 2.9pc to USD 220 billion (USD 214 billion in H1 FY25), said a State Bank of India (SBI) report on Saturday.
The State Bank of India, a premier multinational private sector bank, said that cumulative exports to the USA also registered a growth of 13pc to USD 45 billion in FY26 Apr-September from USD 40 billion in FY 25 from April-September, though there could be more frontloading effects to the aftermath, with September figures registering negative YoY growth of 12pc.
"Furthermore, if we look at the share of USA in our exports, it has been declining since July 2025, moving down to 15pc in Sep 25, with marine products (15pc in Sep 25 from 20pc in FY25)...