India's Export Reaches Record High

Export Performance of India FY 2025-26

Key Statistics:

• India’s total exports reached a record $863.1 billion in FY 2025-26.
  • Goods Export: $441.8 billion
  • Services Export: $421.3 billion

Trade Agreements and Free Trade Agreements (FTAs):

• India’s exports have benefited significantly from Free Trade Agreements (FTAs) with various countries, enhancing access to global markets and promoting labor-intensive sectors.

FTAs and Export Data:

• India-Australia Economic Cooperation and Trade Agreement (ECTA):

  • Implemented on December 29, 2022.
  • Goods export: $7,284.17 million.
  • Issued 273,000 certificates of origin since implementation.

• India-UAE Comprehensive Economic Partnership Agreement (CEPA):

  • Effective from May 1, 2022.
  • Goods export: $37.359 billion.
  • Issued 445,000 certificates of origin.
  • Increased tariff lines from 7,546 to 8,053.

• India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA):

  • Effective from April 1, 2021.
  • Goods export: $473 million.
  • Increased tariff categories from 3,593 to 4,345.

• India-Oman Comprehensive Economic Partnership Agreement (CEPA):

  • Effective from June 1, 2026.
  • 99.38% of exports to Oman will be duty-free.

• India-EFTA-TEPA:

  • Covers 99.6% of exports under 92.2% of tariff lines.

Government Initiatives:

• The government monitors export performance across all sectors, especially labor-intensive ones, through a comprehensive framework involving various departments and agencies.
• Trade E-Connect and Trade Intelligence and Analytics (TIA) Portal are platforms for trade facilitation, providing market intelligence and guidance for exporters.

Economic Indicators:

• The increase in exports and the number of issued certificates indicate a strong utilization of tariff benefits under FTAs, enhancing market access.
• Export diversification and improved market penetration are evident post-implementation of these agreements.

Constitutional and Policy Framework:

• The government’s approach aligns with the Directive Principles of State Policy (DPSPs) aiming to promote economic welfare and enhance the country’s manufacturing competitiveness.

International Trade Dynamics:

• India’s FTAs with countries like the UAE, Australia, and the UK have significantly contributed to export growth while ensuring protection for sensitive domestic sectors.

Conclusion: The record export performance in FY 2025-26 indicates the effectiveness of India's trade agreements and government policies in enhancing global market access, promoting economic growth, and diversifying exports across various sectors. The systematic monitoring and facilitation through established platforms further support exporters in leveraging these agreements for optimal benefits.