A bustling container ship at the port of Kochi, featuring towering blue cranes during a sunny day.
← Back to 2026-10-19📊 Economy

Indian Exports Surge: Africa, ASEAN Lead Growth in FY27!

19 Oct3 min read· 📷 Sruthik Koneti

India's merchandise exports saw robust growth across key regions in April-August FY27, with shipments to Africa surging by **47%** to $26.19 billion and ASEAN exports climbing **56%** to $23.08 billion.

$26.19 billion

Africa Exports

India's merchandise exports have demonstrated strong performance in the first five months of fiscal year 2027 (April-August), with significant growth across various regions. Exports to Africa jumped by a remarkable **47%**, reaching **$26.19 billion**, while shipments to ASEAN countries soared by **56%** to **$23.08 billion**. This broad-based growth signals India's success in diversifying its export markets and strengthening trade relationships beyond traditional partners. The positive trend is a key indicator of the country's economic resilience and its increasing competitiveness on the global stage.

💭 If you're wondering…

Merchandise exports refer to the sale of physical goods and products to other countries. This excludes services, which are counted separately.

Did this story help?

Official sources

Knowledge Chain — tap a concept

→→→
‹2 / 8›