India's Export Landscape: North America, NE Asia, and Latin America Dominate
North America, NE Asia, Latin America make up over 35% of India's exports
Business Standard
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In the fiscal year 2025-26, North America, North-East Asia, and Latin America accounted for over 35% of India's merchandise exports, totaling $441.78 billion. Notably, exports to North-East Asia surged by 21.6% to $41.6 billion, driven by demand for electronics and engineering goods, while North America saw modest growth of 1.3%.
- 01India's total merchandise exports reached $441.78 billion in 2025-26.
- 02Exports to North America totaled $97.7 billion, making up 22.1% of total exports.
- 03North-East Asia's exports rose 21.6% to $41.6 billion, driven by demand for Indian electronics and engineering products.
- 04Latin America saw a 7.8% increase in exports, totaling $16.4 billion.
- 05India's export diversification included penetrating 1,821 new principal commodity products.
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In the fiscal year 2025-26, India's merchandise exports reached $441.78 billion, with North America, North-East Asia, and Latin America contributing over 35% of this total. North America remained the largest market with exports of $97.7 billion, though growth was modest at 1.3% year-on-year. In contrast, North-East Asia exhibited remarkable growth, with exports increasing by 21.6% to $41.6 billion, driven by rising demand for Indian electronics, engineering goods, and chemicals. Latin America also showed healthy expansion, with a 7.8% rise in exports to $16.4 billion. The data indicates a shift towards a more diversified export structure, with Indian exporters penetrating 1,821 new principal commodities, signaling a transition from traditional commodity-led exports to high-value manufacturing and technology-intensive sectors. Noteworthy contributions came from advanced engineering sectors, including maritime manufacturing and nuclear reactors, reflecting India's growing competitiveness in specialized markets.
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The diversification of India's export markets can lead to increased job opportunities in manufacturing and technology sectors, benefiting local economies.
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