In the financial year 2025-26, India achieved total exports of USD 863.11 billion, a notable increase from USD 825.26 billion in the previous year, reflecting a growth rate of 4.59%. This milestone is significant as it marks the first time in India's trade history that each quarter recorded its highest export performance. The services sector emerged as the primary contributor, with exports climbing to USD 421.32 billion, up from USD 387.55 billion, indicating a robust growth of 8.71%. In contrast, merchandise exports saw a modest increase to USD 441.78 billion, growing by 0.93%. Despite the record export figures, India faced rising imports, which totaled USD 979.65 billion, an increase of 6.49% from the previous year. This rise in imports, particularly in merchandise which increased by 7.46% to USD 774.98 billion, contributed to a widening trade deficit.