India's October exports rise 29.9% to $89.99 billion as trade deficit narrows

India's exports grew by nearly 30 percent year-on-year in October 2026, reaching about $90 billion. Goods exports alone came to $49.47 billion, the highest monthly figure on record for merchandise. Imports also rose, leaving a trade deficit of $39.88 billion. Strength in the services sector helped offset the gap, which analysts linked to recent trade pacts with the UK and New Zealand and ongoing talks with the EU.