India's exports rose in Q1 FY26, led by services and electronics, narrowing the trade deficit despite petroleum export declines.

• Services exports grew 10.9% YoY, creating a USD 46.9B surplus, helping reduce the overall trade deficit to USD 20.3B.
• Electronic goods exports surged 47.1% YoY, offsetting a 15.6% drop in petroleum products exports during Q1 FY26.
• June 2025 trade deficit fell 51.9% YoY, aided by strong services surplus and gold import curbs lowering total imports.