India’s exports to West Asia rebound in July

Despite continued tensions in West Asia, India’s merchandise exports to the region rebounded in July, registering their best performance since the conflict broke out in March.   As per provisional estimates from the department of commerce, India’s exports to $5.7 billion in July 2026, which was an 8.7% jump from $5.24 billion in July 2025. India’s exports to West Asia amounted to $5.02 billion in June 2026 and $5.27 billion in May 2026. It had fallen to a low of $2.62 billion in March after the conflict.   “Exports to West Asia are now on an even keel,” Commerce Secretary Rajesh Agarwal told reporters on Thursday. He attributed this rise to new ports becoming operation and handling more cargo. These include porta in Oman as well as two more ports in the United Arab Emirates.

MUST READ: India wants to secure more LPG from the US under annual contracts for 2027: Report   India’s merchandise imports from West Asia however remain subdued. Imports in July 2026 were valued at $9.81 billion compared to $12.4 billion in July last year. They have however shown a slight recovery from June when they were at $9.37 billion but were higher in May at $10.74 billion.   Meanwhile, with efforts on to diversify its exports, newer markets have opened for Indian goods this fiscal. These include countries including Singapore where India exported $6.52 billion of goods between April and June 2026, Tanzania ($2.91 billion), South Africa ($3.15 billion) and Sri Lanka ($2.35 billion).   India’s exports to China have also increased in the four months of this fiscal by $1.2 billion to $5.59 billion in the first quarter of this fiscal. Other countries that have seen higher exports from India include Malaysia, Hong Kong, Vietnam, Italy, Kenya, Jordan, Turkey, Australia, Spain and Bangladesh, the commerce ministry said.   India’s exports to the US also rose to $34.49 billion in July 2026 from $33.48 billion a year ago with the US remaining the top export market for India.

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