India June 2026 trade data exports imports merchandise services

India Trade Data June 2026: What Exporters Must Know

Source: PIB India, July 13, 2026 | Ministry of Commerce & Industry |

📦 June 2026 Trade Data — Three Sectors Just Had Their Best Month. Is Yours One of Them?

India's total exports (merchandise + services) for June 2026 came in at USD 73.45 billion — up 9.48% year-on-year. That's a solid number. The overall export number is important, but the sector-wise data tells a much bigger story. The story is which sectors contributed the most to export growth, which sectors recorded lower imports, and and which overseas markets increased their purchases from India than ever before.

Gems & Jewellery, Engineering Goods and Organic Chemicals all posted double-digit growth in June. South Africa, Oman and Malaysia grew triple digits as export destinations. Meanwhile Silver, Project Goods and Chemical Material imports all dropped sharply — which tells you something about what domestic industry is substituting locally.

If you export goods, these numbers show where demand is growing. If you import products, the data highlights categories where imports are rising or slowing.

June 2026 Trade at a Glance — Key Numbers

Category	June 2026 (USD Bn)	June 2025 (USD Bn)	YoY Growth
Merchandise Exports	40.41	34.98	+15.52%
Merchandise Imports	70.84	54.08	+30.99%
Services Exports	33.03	32.11	+2.86%
Services Imports	17.92	15.90	+12.70%
Total Exports (Merch+Services)	73.45	67.09	+9.48%
Total Imports (Merch+Services)	88.76	69.98	+26.85%
Trade Balance	-15.32	-2.89	Deficit widened

Q1 FY2026-27 Cumulative (April–June 2026)

Category	Apr-Jun 2026-27 (USD Bn)	Apr-Jun 2025-26 (USD Bn)	Growth %
Merchandise Exports	129.32	111.57	+15.92%
Merchandise Imports	216.18	180.31	+19.89%
Services Exports	103.41	97.41	+6.16%
Total Exports	232.73	208.98	+11.37%
Total Imports	270.15	229.82	+17.55%
Trade Balance (Q1)	-37.42	-20.85	Deficit widened significantly

📌 One important takeaway: The trade deficit jumped from -$2.89 billion in June 2025 to -$15.32 billion in June 2026. Exports grew 9.48% but imports grew 26.85%. This shows imports increased faster than exports during the month.

📋 Sector-Wise Winners & Losers — June 2026 Full Breakdown

📈 Export Sectors That Grew in June 2026

Sector	Growth YoY	What the Data Suggests
Other Cereals	+244.29%	Massive surge — new export corridors opening for non-rice cereals
Handicrafts (excl. handmade carpet)	+59.69%	Strong demand from US, EU and Middle East markets
Meat, Dairy & Poultry Products	+54.63%	ASEAN and Gulf markets driving demand
Iron Ore	+49.97%	Global steel demand pulling Indian iron ore exports higher
Gems & Jewellery	+34.64%	US and UAE demand recovering strongly — key sector to watch
Plastic & Linoleum	+21.24%	Petrochemical downstream exports gaining traction
Engineering Goods	+20.74%	Engineering goods continued to be one of India's strongest export categories.
Tobacco	+19.80%	Strong demand from CIS and African markets
Organic & Inorganic Chemicals	+19.42%	Export demand remained strong as global buyers continued diversifying sourcing.
Electronic Goods	+18.93%	Electronics exports continued to grow, supported by higher production and exports.
Rice	+16.48%	Demand from African and ASEAN markets remained strong.

📉 Import Categories That Declined in June 2026

Category	Change YoY	What This Signals
Project Goods	-85.44%	Large infrastructure project imports slowed sharply
Silver	-73.62%	After massive surge in 2025, silver imports normalising
Pearls, Precious & Semi-Precious Stones	-16.83%	Gems processing input imports cooling
Chemical Material & Products	-12.13%	Chemical imports declined compared with last year
Vegetable Oil	-2.58%	Marginal decline — Vegetable oil imports declined slightly during the month

🌍 Top 5 Export Destinations — Fastest Growing (June 2026)

Country	Growth YoY (Jun 2026)	Growth YoY (Apr-Jun 2026)
🇿🇦 South Africa	+114.04%	+76.49%
🇸🇬 Singapore	+48.91%	+101.16%
🇨🇳 China P Rp	+31.49%	+27.54%
🇴🇲 Oman	+189.60%	—
🇲🇾 Malaysia	+99.18%	—

🌍 Top 5 Import Sources — Fastest Growing (Apr-Jun 2026)

Country	Growth YoY (Jun 2026)	Growth YoY (Apr-Jun 2026)
🇷🇺 Russia	+85.02%	+52.68%
🇨🇳 China P Rp	+40.26%	+27.94%
🇺🇸 USA	+33.86%	+23.82%
🇦🇪 UAE	+24.62%	+221.81%
🇹🇼 Taiwan	+135.03%	—

📌 One notable trend was the increase in imports from Russia: India's imports from Russia grew 85% in June and 52.68% for the quarter — driven by oil and defence inputs. UAE imports for the quarter grew 221.81% — largely gold and precious metals. Together, these categories contributed significantly to higher imports from Russia of why the trade deficit widened so sharply in Q1 FY2026-27.

✅ What Exporters & Importers Should Do With This Data

Trade data isn't just numbers to read — it's a signal about where to push and where to be cautious. Here's what each type of business should check based on June 2026 data.

If You Are	Key Observation	Action to Take	Status
Engineering Goods Exporter	+20.74% growth — sector is on a strong run	Lock export contracts now before Q2 pricing shifts	☐
Gems & Jewellery Exporter	+34.64% — strong demand but stone imports fell 16.83%	Review raw material sourcing — import costs may rise	☐
Rice / Agri Exporter	Rice +16.48%, South Africa +114%, Malaysia +99%	Explore South Africa and ASEAN market entry — demand is there	☐
Chemical Exporter	Organic & Inorganic Chemicals +19.42%	China+1 sourcing shift is real — position as alternative supplier now	☐
Electronics Exporter	+18.93% — PLI impact showing in export numbers	Check PLI 2.0 eligibility if not already registered	☐
Importer (General)	Imports grew 30.99% in June — deficit widening fast	Watch for possible import duty adjustments in Q2 policy review	☐
Services Exporter (IT/BPO)	Services exports grew 6.16% for Q1 — steady but slower than goods	Singapore (+101% Q1) and Tanzania (+146%) are new growth corridors	☐

📌 Key Takeaways from June 2026 Trade Data: Exports continued to grow, but imports increased at a faster pace. The sectors driving export growth are real and specific — Engineering, Gems, Chemicals, Electronics and Rice. The markets opening up fastest are South Africa, Oman, Malaysia and Singapore. If your product fits these sectors and destinations, Businesses may use these trends while planning exports for the coming months.

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