India's Export Composition
Key Sectors
India's merchandise export basket is diversified but concentrated in a few high-value categories. Petroleum products (refined oil exports from refineries in Gujarat and Maharashtra), engineering goods (machinery, auto components, metals), electronics (smartphones assembled under PLI), pharmaceuticals (generics — India is the "pharmacy of the world"), and gems and jewellery (cut and polished diamonds, gold jewellery) are the top five categories.
- Petroleum products: India imports crude and exports refined products — a significant component of the merchandise basket
- Engineering goods: Includes machinery, auto components, steel, and industrial equipment
- Pharmaceuticals: India supplies ~20% of global generic medicine volume and ~60% of global vaccine doses
- Electronics: PLI-driven; Apple's iPhones assembled by Tata Electronics and Foxconn are a major new export product
- Gems and jewellery: Vulnerable to global demand cycles; Surat is the world's largest diamond cutting hub
● Tracked since March 02, 2026 · last seen May 17, 2026 · updates as the daily brief publishes
17 May '26
North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26
Economics
06 May '26
India’s exports rise 4.6% to hit all-time high of $863 bn in FY26 despite global headwinds
Economics
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