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NITI Aayog Trade Watch Quarterly 9th edition: Q1 FY27 data

21 September 20261 min read
REPORTS & INDEXESNITI Aayog TradeWatch Quarterly9th edition: Q1FY27 data21 September 2026safalsetu.com

Why in the news

NITI Aayog brought out the 9th Trade Watch Quarterly (TWQ), with a spotlight on metals and ores trade for the first quarter of FY27.

Key facts

  • Global goods trade: USD 13.7 trillion in H1 2026, up 12.5% year-on-year.
  • India’s merchandise plus services trade: USD 506.9 billion in Q1 FY27, growth of 15.5%.
Q1 FY27 merchandiseValue (USD)Growth
Exports129.5 billion16%
Imports216.1 billion19.8%
Trade deficit86.6 billionImports outpaced exports

Exam angle

  • Publisher: NITI Aayog; edition: 9th.
  • Special focus: metals and ores.
  • Deficit: USD 86.6 billion (216.1 minus 129.5).

Test yourself

1. Which body publishes the Trade Watch Quarterly, whose 9th edition covered metals and ores?

NITI Aayog released the 9th TWQ.

2. What was India's merchandise trade deficit in Q1 FY27, per the 9th Trade Watch Quarterly?

Exports of 129.5 and imports of 216.1 left a USD 86.6 billion deficit.

3. Global goods trade in H1 2026 reached what level, according to the 9th Trade Watch Quarterly?

Global goods trade reached USD 13.7 trillion, up 12.5%.