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Insights for India
BETA
March 2026 period, National level, Product aggregation
AI
Summary: Overall, India's trade values showed a mixed performance in the analyzed period. Month-on-month, exports increased significantly while imports decreased sharply, leading to a net positive trade flow. However, year-on-year comparisons indicate a decline in both exports and imports, suggesting potential challenges in the trade landscape. The total trade flow for exports was 38.92 billion USD, while imports totaled 59.59 billion USD, indicating a trade deficit.
AI
MoM insights: In the month-on-month analysis, India's total exports increased by 2.31 billion USD, reflecting a growth of approximately 6.30%. The top three countries contributing to this increase were Singapore (1.65 billion USD), the United States (1.13 billion USD), and Malaysia (487.18 million USD). Conversely, imports saw a decline of 4.13 billion USD, a decrease of about 6.47%. The most significant drops in imports were from the United Arab Emirates (-2.12 billion USD), Switzerland (-1.94 billion USD), and the United Kingdom (-983.46 million USD).
AI
YoY insights: On a year-on-year basis, total exports decreased by 3.05 billion USD, which is a decline of approximately 7.27%. The top contributors to this decline were the United States (-2.13 billion USD), the United Arab Emirates (-2.1 billion USD), and the Netherlands (-918.94 million USD). Imports also experienced a decrease of 3.92 billion USD, a drop of about 6.18%. The most significant declines in imports were from the United Arab Emirates (-5.09 billion USD), Iraq (-1.77 billion USD), and Russia (-1.31 billion USD).
