$17MIndia’s exports in FY 2025-26
48countries bought from India
+15%against FY 2024-25 ($14M)
2,100tonnes shipped in FY 2025-26
India’s exports, year by year
US$, Indian financial years (April–March). Source: DGCI&S, Ministry of Commerce (Tradestat).
Biggest buyers, FY 2025-26
- Germany
- Mexico
- United States
- Hong Kong
- China
- Thailand
- Italy
- Vietnam
- Brazil
- Turkey
Ranked by value. Country-by-country figures are not shown.
GST on this code
18%
- 18% — Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro- magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting headsNotification 9/2025-CT(R), Schedule II, entry 478
GST on supply within India, as of 1 May 2026. Exports are zero-rated supplies.