Image Credit source: ai generated
According to Commerce Ministry data, North America, North-East Asia and Latin America together accounted for more than 35 percent of India’s merchandise exports. This figure will be $441.78 billion in 2025-26, which reflects the gradual change towards a more diversified and resilient global trade structure. Exports to East Africa increased by 13.7 percent to $12.6 billion, which is 2.9 percent of India’s total exports. At the same time, exports to North Africa increased by 14.8 percent to 8 billion dollars, of which its share was 1.8 percent.
An official said that India’s exports saw an increase in geographical diversity in 2025-26. Despite disruptions to global trade, strong export growth was recorded in Asia, Africa and Latin America. According to the data, while North America continued to dominate India’s export basket—with exports worth $97.7 billion, which is 22.1 percent of total exports—the growth rate here remained relatively slow (1.3 percent year-on-year). This is an indication that the demand base here is mature as well as flexible.
Export increased in Latin
The fastest pace was seen in North-East Asia, where exports increased by 21.6 percent to $41.6 billion. With this, the share of this sector in India’s total exports increased to 9.4 percent. The demand for Indian electronics, engineering goods, chemicals and industrial products is continuously increasing in this region. This region includes countries like China, Japan, South Korea, North Korea, Mongolia and Taiwan. Advanced manufacturing industries exist in these countries.
Exports also continued to expand healthy in Latin America, where exports grew by 7.8 percent to $16.4 billion, contributing 3.7 percent to India’s total exports. Meanwhile, exports to West Africa and ‘Other West Asia’ remained relatively stable, accounting for about 3 percent and 2 percent respectively. Smaller regions such as Central Africa and the Central Asian Republics also recorded consistent double-digit growth in exports, although the growth base here was relatively small.
export product diversification
India’s export diversification in FY26 was marked by significant growth in its product-market scope, with Indian exporters entering 1,821 new major commodity products. The official said this trend reflects a gradual shift away from traditional commodity-based expansion towards broader participation in high-value manufacturing, engineering, agro-processing and technology-intensive sectors.
The largest contribution in terms of value came from advanced engineering and industrial sectors. Ships, boats and floating structures emerged as the largest single contributor, generating revenues of $57 million in 19 new markets. This reflects India’s growing competitiveness in the specialized marine manufacturing sector.
reach new markets
Similarly, nuclear reactors, industrial boilers and their components recorded revenues of $14.3 million in 13 new markets, while telecom components expanded into 20 new markets with exports worth $5.8 million. This is indicative of India’s increasing integration into global industrial and technology supply chains.
In addition, several emerging sectors have also captured new markets, including aircraft and spacecraft parts, rail transportation equipment, graphite and explosives, and consumer electronics. This points towards the gradual expansion of India’s advanced manufacturing export base.
