NITI Aayog Trade Watch Quarterly 9th edition: Q1 FY27 data
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 merchandise | Value (USD) | Growth |
|---|---|---|
| Exports | 129.5 billion | 16% |
| Imports | 216.1 billion | 19.8% |
| Trade deficit | 86.6 billion | Imports outpaced exports |
Exam angle
- Publisher: NITI Aayog; edition: 9th.
- Special focus: metals and ores.
- Deficit: USD 86.6 billion (216.1 minus 129.5).