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India’s non-petroleum exports reached $259.22 billion during the first seven months of FY27, up 18.01% from the corresponding period last year, reflecting strong growth across the country’s diversified export sectors.
India’s non-petroleum exports recorded strong growth during the first seven months of the financial year 2026-27, reaching $259.22 billion between April and October, according to government data.
The latest figures represent an increase of 18.01 per cent over the $219.68 billion recorded during the corresponding period of the previous financial year. The expansion highlights the growing strength of India’s diversified export basket and the contribution of sectors beyond petroleum to the country’s overall trade performance.
The rise in non-petroleum exports is significant as India looks to strengthen its presence in global markets and diversify its merchandise export base. A broader export basket can help reduce the country’s dependence on a limited number of commodities and make export performance more resilient to fluctuations in global energy prices.
Non-petroleum exports also remain an important indicator of the underlying competitiveness of India’s manufacturing and other export-orientated sectors. Their performance reflects the country’s ability to cater to international demand across a wider range of products.
The latest growth comes amid an evolving global trade environment, marked by geopolitical uncertainties, shifting supply chains and changing demand patterns across major economies.
For India, sustaining export momentum will remain important for supporting economic growth, generating employment and improving its external trade position.
More from BusinessThe 18.01 per cent increase in non-petroleum exports during April-October provides an indication of the strength of India’s exports beyond energy-related products. However, the sustainability of this growth will depend on global demand conditions, trade policies and the competitiveness of Indian exporters in international markets.
