Data shows that non-petroleum and non-gems and jewellery exports in February 2026 were USD 30.55 billion compared to USD 28.66 billion in February 2025
Registering an uptick on a year-on-year basis, India’s gems and jewellery exports have increased by 4.08 per cent from USD 2.53 billion in February 2025 to USD 2.64 billion in February 2026. Official data showed that India’s total exports (merchandise and services combined) for February 2026 is estimated at USD 76.13 billion, registering a positive growth of 11.05 per cent vis-à-vis February 2025.
Ministry of Commerce and Industry said that non-petroleum and non-gems and jewellery exports in February 2026 were USD 30.55 billion compared to USD 28.66 billion in February 2025. On the other hand, non-petroleum, non-gems and jewellery (gold, silver and precious metals) imports in February 2026 were USD 40.33 billion compared to USD 35.39 billion in February 2025.
Exports of other cereals (170.14 per cent), coffee (31.92 per cent), meat, dairy and poultry products (22.66 per cent), marine products (13.27 per cent), electronic goods (10.37 per cent), fruits and vegetables (3.95 per cent) and rice (0.7 per cent) record positive growth during February 2026 over the corresponding month of last year.
India’s trade deficit widened to USD 3.96 billion in February 2026 from USD 2.72 billion in February 2025. Official data showed that total exports grew to USD 76.13 billon during the month, while imports also surged to USD 80.09 billion in February 2026.
Data from the Ministry of Commerce and Industry showed that while merchandise exports during the month was nearly flat year-on-year at USD 36.61 billon, services exports surged to USD 39.53 billion in February 2026 from USD 31.65 billion in the same period a year ago.
The cumulative exports (merchandise and services) during April-February 2025-26 is estimated at USD 790.86 billion, as compared to USD 747.58 billion in April-February 2024-25, an estimated growth of 5.79 per cent. The cumulative value of merchandise exports during April-February 2025-26 was USD 402.93 billion, as compared to USD 395.66 billion during the same period a year ago, registering a positive growth of 1.84 per cent.
