Trade Watch Quarterly 5th Edition: NITI Aayog on Auto Exports
Why in the news
NITI Aayog released this data-based trade review in January 2026, amid changing global conditions.
Key facts
- Theme: automotive exports, assessing demand, tariffs and value-chain participation.
- Global goods and services trade rose about 2.5% quarter-on-quarter; growth came from developing economies and South-South trade, while US trade slowed it.
| Indicator | Figure |
|---|---|
| India’s exports and imports, Q1 FY26 | USD 209 bn and USD 230 bn (each up 3-4% year-on-year) |
| Global auto-components market, 2024 | USD 856 bn, 3% CAGR since 2015 |
| India’s auto-component exports | USD 8.2 bn to USD 16.9 bn, 7% CAGR |
| India’s auto exports growth | 3.5% CAGR against 3.9% global |
| India’s 2024 auto share | About USD 30 bn, 1.4% of USD 2.2 trillion |
Significance
A global share of about 1% points to large untapped potential.
Exam angle
- Publisher: NITI Aayog; period: Q1 FY26.
- Deficit: USD 21 billion.