India's exports under free trade pacts grew faster than imports in April-July: Piyush Goyal
- Posted on September 10, 2026
- By Business News Today
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- 1 min read
In brief
India's trade performance under bilateral and multilateral free trade agreements demonstrates robust growth, with exports to FTA partner nations surging 23.9% during the April-July period, reaching USD 57.2 billion. This expansion significantly outpaced import growth, resulting in a narrowed trade deficit of USD 32.6 billion compared to the previous USD 34.2 billion. The development signals strengthened leveraging of India's strategic trade agreements, contributing to overall merchandise exports of USD 173.8 billion during the four-month interval.
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India's exports under free trade pacts grew faster than imports in April-July: Piyush Goyal
Exports under free trade agreements are now growing faster than imports. Outbound shipments to FTA partner countries expanded by 23.9 percent to USD 57.2 billion. The trade deficit with FTA partners narrowed from USD 34.2 billion to USD 32.6 billion. Overall merchandise exports for the four-month period reached USD 173.8 billion. This indicates an improvement in the utilization of India's trade pacts.
