The commerce ministry in its latest data has showed that India’s merchandise exports slipped marginally by 0.81 per cent to $36.61 billion in February 2026 as compared to $36.91 billion in the same month last year. Merchandise imports increased by 24.11 per cent to $63.71 billion in February 2026 from $51.33 billion recorded a year ago. As a result, trade deficit (difference between imports and exports) widened to $27.10 billion in February 2026 as compared with $14.42 billion in February 2025.
According to the data, cumulatively, merchandise exports during April-February 2025-26 were $402.93 billion as compared to $395.66 billion during April-February 2024-25. Merchandise imports during April-February 2025-26 were $713.53 billion as compared to $657.46 billion during April-February 2024-25. Merchandise trade deficit during April-February 2025-26 was $310.60 billion as compared to $261.80 billion during April-February 2024-25.
Non-petroleum and non-gems & jewellery exports in February 2026 were $30.55 billion compared to $28.66 billion in February 2025. Non-petroleum and non-gems & jewellery exports in April-February 2025-26 were $327.96 billion, compared to $310.25 billion in April-February 2024-25. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in February 2026 were $40.33 billion compared to $35.39 billion in February 2025. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-February 2025-26 were $454.82 billion, compared to $416.59 billion in April-February 2024-25.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: