H1 2026 export growth was driven increasingly by Asia, Africa and fast-growing markets including Singapore, China and South Africa, offsetting weaker shipments to the U.S. and Europe.
India’s export story is becoming more geographically diverse. Exports reached USD 241.5 billion in H1 2026, up 6.2% year-on-year, even as shipments to the U.S., still India’s largest export market by a wide margin, fell by around 10%. Growth instead came increasingly from elsewhere: exports to Asia rose 13%, Africa grew 27%, while Singapore (+76%), South Africa (+41%) and China (+32%) were among the fastest-growing major markets.
The shift does not mean India is moving away from established markets. It shows that a broader set of trade relationships can increasingly contribute to growth when traditional destinations weaken.
Also by ANDAMAN PARTNERS:
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.
ANDAMAN PARTNERS to Attend China Mining 2026 in Tianjin, China
ANDAMAN PARTNERS will attend the China Mining Conference and Exhibition in Tianjin, China, on 10-12 September 2026
ANDAMAN PARTNERS at the Singapore Institute of Directors Annual Conference 2026
ANDAMAN PARTNERS at the Singapore Institute of Directors Conference 2026 in Singapore on 28 August 2026
ANDAMAN PARTNERS Attended the Australia Governance Summit 2026 in Sydney
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