India's Exports Jump 29.9% To USD 89.99 Billion In October, Trade Deficit Narrows

India's total exports, including merchandise and services, rose 29.9 per cent year-on-year to USD 89.99 billion in October 2026, while the country's trade deficit narrowed to USD 20.09 billion, according to government data released on Friday.

The strong export performance marks a significant improvement over October 2025, when the country's exports stood at USD 69.27 billion. The latest figures indicate an increase of USD 20.72 billion in total exports during the month under review.

India's trade deficit, the difference between the value of imports and exports, declined to USD 20.09 billion in October, compared with USD 25.15 billion recorded in the corresponding month last year.

Meanwhile, the country's total imports also registered an increase, rising to USD 110.07 billion in October 2026 from USD 94.42 billion in October 2025.

Despite the growth in imports, the faster expansion in exports helped narrow the overall trade gap during the month.