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OpIndia Explains

Explained: Why India is set to join the elite club of countries with $1 trillion in exports and why it matters 

Shraddha Pandey -
In May 2026, Union Minister of Commerce and Industry, Piyush Goyal, announced that India has set a target of achieving exports worth $1 trillion in 2026 and $2 trillion over the next five years. Numbers indicate that India is heading on a credible path toward s $1 trillion worth of exports in FY 2026-27 with sustained momentum.
Economy and Finance

India objects to US proposal to impose additional 12.5% tariff over forced labour allegations, points towards inconsistencies in American approach to the issue

OpIndia Staff -
The United States has proposed an additional 12.5 per cent tariff on imports from India as part of a Section 301 action targeting 60...
News Reports

India records highest-ever seafood exports: Rs 73,890 crore worth of marine products shipped in FY26

OpIndia Staff -
India clocked record marine product exports of ₹73,890.46 crore in FY 2025-26
News Reports

Weaker Indian rupee against dollar boosts exports by 18% in one year: Here is what we know so far

OpIndia Staff -
India’s trade deficit also swelled from $22.56 billion in 2025 to $28.21 billion in May 2026.  While goods exports increased by 18% to $45.2 billion from $38.3 billion in May 2025, imports also surged by 20.62% to $73.41 billion.
Economy and Finance

India’s seafood exports hit an all-time high of over ₹72,300 crore, shipping to EU, China and Southeast Asia jumps amid fall in export to...

OpIndia Staff -
India’s marine products exports achieved a new all-time high in the financial year 2025-26, crossing ₹72,325.82 crore (approximately US$ 8.28 billion), according to provisional...
News Reports

‘American consumers paying nearly all of the price’: Study finds the real casualties of US President Donald Trump’s tariff war

Rukma Rathore -
The report is titled, "America's own goal: Americans are largely responsible for funding Trump's tariffs."
News Reports

China posts record $1.19 trillion trade surplus in 2025 amid weak local consumption and deflation fears

OpIndia Staff -
China's monthly export surpluses reached $993 billion last year, breaching $100 billion seven times despite Trump's tariffs.
Government and Policy

India emerges as Apple’s biggest export hub outside China as iPhone shipments hit $50 billion, Ashwini Vaishnaw credits ‘Make in India’

OpIndia Staff -
Apple is one of the main corporations participating in the Modi government's smartphone production linked incentive campaign.
Economy and Finance

Indian coffee export earnings cross over record $2 billion in 2025, Russia emerges as the top buyer

OpIndia Staff -
According to the Coffee Board's latest data based on shipping permits, the total value hit $2.058 billion, compared to $1.679 billion last year.
Editor's picks

‘India’s exports have increased despite US tariffs’: Commerce Ministry tells Parliamentary Standing Committee

OpIndia Staff -
The Ministry of Commerce has informed the Parliamentary Standing Committee on Commerce that India’s exports have increased in the April-October period despite tariffs imposed...
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