India's export landscape is shifting dramatically. North America, North-East Asia, and Latin America combined accounted for over 35% of India's merchandise exports in FY26, totaling $441.78 billion. While North America remains dominant with $97.7 billion in exports, growth there was modest at just 1.3% year-on-year. The real momentum emerged from North-East Asia, where exports surged 21.6% to $41.6 billion, driven by rising demand for electronics, engineering goods, chemicals, and industrial products. Latin America also showed healthy expansion with exports climbing 7.8% to $16.4 billion. East Africa experienced significant growth of 13.7% to $12.6 billion. This geographic diversification reflects India's strategy to build a more resilient global trade structure amid ongoing international disruptions and shifting market dynamics.
