May 18, 2026
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India spots an export champion in a sector tariffs failed to sink.
India’s seafood sector is quietly emerging as a global export powerhouse, showing remarkable resilience in the face of sudden external shocks. The sector, heavily reliant on the United States, faced an unprecedented challenge last year when the US imposed a 50% tariff on Indian seafood. What could have been a crippling blow instead became a catalyst for transformation.
Source: economictimes.indiatimes.com
May 18, 2026
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Exports diversification drive adds $202 million to kitty in FY26.
Ships, boats, telecom instruments, pulses, marine products, graphite and explosives drove India's export diversification strategy last fiscal year, with new product and country combinations generating new exports worth $202.2 million. As per an analysis done by the commerce department, India's export diversification in FY26 was marked by a significant widening of its product-market footprint, with Indian exporters penetrating 1,821 new principal commodity product and country combinations.
Source: economictimes.indiatimes.com
May 18, 2026
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North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26.
North America, North-East Asia, and Latin America together accounted for over 35 per cent of India's merchandise exports, which stood at USD 441.78 billion in 2025-26, reflecting a gradual shift towards a more diversified and resilient global trade structure, according to commerce ministry data. Exports to East Africa increased 13.7 per cent to USD 12.6 billion, accounting for 2.9 per cent of India's exports, while North Africa rose 14.8 per cent to USD 8 billion with a 1.8 per cent share.
Source: economictimes.indiatimes.com
May 18, 2026
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Loading of potatoes in Bengal cold storages rises 14% following bumper production.
Loading of potatoes in West Bengal cold storages has increased by 14 per cent to 74 lakh tonnes as the State’s production of the spud crossed 140 lakh tonnes for 2025-26, the highest in the last five years. Total production of potato in Bengal, the country’s second largest grower, was around 115 lakh tonnes last year, also a bumper output.
Source: thehindubusinessline.com
May 18, 2026
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PM Modi In The Hague: India-Netherlands Trade Ties Hit New High As 300 Dutch Firms Invest.
Prime Minister Narendra Modi, who is on his visit to 5 nations, addressed business leaders in The Hague on Saturday, outlining that the economic partnership between India and the Netherlands had entered a new phase, underpinned by growing trade and investment flows. Speaking at a CEOs Roundtable, PM Modi declared that over 300 Dutch firms were now active participants in India’s growth story, which is an example of their confidence in the country’s trajectory. Prime Minister Modi underlined that the Netherlands had become India’s largest investor from Europe and its second-largest trading partner.
Source: republicworld.com
May 18, 2026
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Meghalaya CM Conrad Sangma bats for revival of India-Bangladesh trade ties, border haats.
India and Bangladesh have initiated dialogue at the 'local level' to reset ties, Meghalaya Chief Minister Conrad Sangma has said, while calling for reviving people-to-people engagement and trade between the two countries. Interacting with a group of journalists here on Friday, Sangma said it was important to remind people of the historical cooperation between the two countries, including India's support to Bangladesh during difficult times.
Source: economictimes.indiatimes.com
May 18, 2026
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India taps Oman to rescue $11.8 billion food exports to West Asia.
Amid the prolonged conflict rattling West Asia, India is looking to Oman for continuation of its vital trade in essential foods — such as rice, meat, poultry, dairy, fruits and vegetables — with the broader region by routing shipments through Omani ports and land routes, avoiding high-risk maritime zones. 'With the Strait of Hormuz in a state of inactivity effectively blocking India’s traditional trade arteries with West Asia, New Delhi is actively exploring logistical alternatives to continue its agricultural sector exports to West Asia, estimated at about $11.8 billion annually. Oman is emerging as an effective option in India’s rerouting strategy,' a source tracking the matter told businessline.
Source: thehindubusinessline.com
May 18, 2026
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India's exports to China rise 27% in April; imports up 20.85%.
India's exports to China increased by 27 per cent in April, while imports from the neighbouring country rose 20.85 per cent, according to the government data. While exports increased to $1.77 billion in April 2026 from $1.39 billion in April 2025, imports rose to $11.97 billion in April 2026 from $9.90 billion in the year-ago month, the data showed.
Source: deccanherald.com
May 18, 2026
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India-Brics trade booms to $416 billion, but deficit keeps rising.
India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s imports. However, this growing trade also reflects a bigger problem: India is relying more on imports from the bloc, pushing its trade deficit higher. A report by Rubix Data Sciences said India’s bilateral trade with the other 10 Brics countries touched $416 billion in CY2025, growing at nearly 10% every year between CY2021 and CY2025. But while trade has increased, India’s goods trade deficit with the bloc has nearly doubled in the same period, rising from $117 billion to $224 billion.A big reason for this is the sharp jump in imports. India’s imports from Brics nations stood at $320 billion in CY2025, growing at a 12% CAGR over five years.
Source: timesofindia.indiatimes.com
May 18, 2026
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India–Australia partnership eyes future of unmanned agriculture by 2047.
The India–Australia Smart Farm Network was formally launched at the Professor Jayashankar Telangana Agricultural University on Thursday, marking a significant step toward advancing climate-smart and digital agriculture. The initiative was organised by the Research and Innovation Circle of Hyderabad in collaboration with Charles Sturt University, Bengaluru Science and Technology Cluster, and CoE-FPO. The network aims to strengthen bilateral collaboration in precision farming, sustainable agricultural systems, and innovation-driven practices.
Source: thehansindia.com