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Home > All news > India's services exports boom offsets turbulence in goods trade: FinMin report

India's services exports boom offsets turbulence in goods trade: FinMin report

November 29, 2025
Reading Time: 2 minutes

New Delhi - As India’s external sector continues to be hit by a complex global environment, the persistent strength in services exports provides an important counterbalance to the volatility in merchandise trade, the Department of Economic Affairs of Ministry of Finance said in its monthly economic review on Thursday.

During the period April-October FY26, India’s total exports registered a growth rate of 4.8% YoY, reaching USD 491.8 billion. While merchandise exports have grown by 0.6% YoY, non-petroleum, non-gems and jewellery exports registered a growth of 4.6% YoY.

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