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flag India's exports rose 11% in Feb 2026, but trade deficit widened to $27.1B due to soaring imports and shipping disruptions.

flag India's total exports rose 11% year-on-year to $76.13 billion in February 2026, driven by strong services exports, though merchandise exports dipped 0.8% to $36.61 billion. flag Imports surged 24.11% to $63.71 billion, mainly due to higher gold and energy purchases, widening the merchandise trade deficit to $27.1 billion. flag Geopolitical tensions in West Asia disrupted shipping routes, increasing freight costs and raising concerns for March exports. flag Despite challenges, cumulative exports for April–February 2025–26 reached $790.86 billion, up 5.8% from the prior fiscal year, with growth in engineering goods, electronics, and pharmaceuticals.

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