India’s goods exports seen contracting by 1 pc in FY26

India’s goods exports are expected to contract by around 1% in FY26, compared to a marginal growth registered last year, according to a report by CareEdge Ratings. During April-October FY25, total goods exports grew by 3.3%, but in the same period of FY26, growth dropped to just 0.5%. The weakness is more visible in petroleum exports which declined by 13.9% in April-October FY25 and fell further by 17.1% in April-October FY26. Non-petroleum exports, however, have shown relatively better performance, growing 7.5% during April-October FY25 and by 3.9% in the same period of FY26, as per a report.

Please visit our youtube channel https://www.youtube.com/@ikargos2719 for fortnightly logistics news analysis and more!