5 days ago
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North America, North-East Asia, and Latin America unneurotic accounted for implicit 35% of India's merchandise exports, which stood astatine $441.78 cardinal successful 2025-26, reflecting a gradual displacement towards a much diversified and resilient planetary commercialized structure, according to Commerce Ministry data.
Exports to East Africa accrued 13.7% to $12.6 billion, accounting for 2.9% of India's exports, portion North Africa roseate 14.8% to $8 cardinal with a 1.8% share.
"India's exports successful 2025-26 reflected expanding geographic diversification, with beardown maturation crossed Asia, Africa, and Latin America adjacent amid planetary commercialized disruptions," an authoritative said.
According to the data, portion North America continued to predominate India's export handbasket with exports of $97.7 cardinal accounting for 22.1% of full exports, maturation remained comparatively mean astatine 1.3% year-on-year, that indicates to a mature but resilient request base.
The strongest momentum came from North-East Asia, wherever exports surged 21.6% to $41.6 billion, raising the region's stock to 9.4% of India's full exports.
In this region, determination is simply a rising request for Indian electronics, engineering goods, chemicals, and concern products.
The countries successful this portion see China, Japan, South Korea, North Korea, Mongolia, and Taiwan. These countries person beforehand manufacturing industries.
Latin America maintained steadfast enlargement arsenic exports roseate 7.8% to $16.4 billion, contributing 3.7% to India's full exports.
Meanwhile, exports to West Africa and Other West Asia remained comparatively unchangeable astir 3% and 2% shares, respectively.
Smaller regions specified arsenic Central Africa and Central Asian Republic countries besides posted dependable double-digit growth, albeit from a little base.
Export merchandise diversification
India's export diversification successful FY26 was marked by a important widening of its product-market footprint, with Indian exporters penetrating 1,821 caller main commodities products.
"The inclination highlights a gradual displacement from accepted commodity-led enlargement toward broader information crossed high-value manufacturing, engineering, agri-processing, and technology-intensive sectors," the authoritative said.
The strongest worth publication came from precocious engineering and concern sectors. Ship, vessel and floating structures emerged arsenic the azygous largest contributor, generating $57 cardinal crossed 19 caller markets, reflecting India's increasing competitiveness successful specialised maritime manufacturing.
Similarly, atomic reactors, concern boilers and parts recorded a $14.3 cardinal crossed 13 caller markets, portion telecom instruments expanded into 20 caller markets with exports of $5.8 million, indicating expanding integration into planetary concern and exertion proviso chains.
Further, respective emerging sectors besides gained traction successful caller markets, including craft and spacecraft parts, railway transport equipment, graphite and explosives, and user electronics, pointing toward a gradual broadening of India's precocious manufacturing export base.
