As part of its continued research initiatives, Exim Bank tracks and
forecasts the movement in India's merchandise exports on a quarterly basis, based on an in-house
model to generate an Export Leading Index (ELI) for India.
The ELI gauges the outlook for the country's exports and is essentially developed as a
leading indicator to forecast growth in total merchandise and non-oil exports of the country, on
a quarterly basis, based on several external and domestic factors that could impact exports of
the country
The forecast of growth in India's total merchandise exports and non-oil exports is released during the first week of the months of June, September, December, and March for the corresponding quarters
Exim Bank endeavours to enrich the knowledge of Indian exporters and to enhance their competitiveness with its periodical research studies. The research work, carried out under the broad classification of sector study, country/regional study, state related study, macroeconomic and policy related studies, is published in the form of occasional papers, working papers and books. The Bank's Occasional Paper Series is an attempt to disseminate the detailed findings of research studies to identify avenues for enhancing India's international engagements. The results of the studies can interest exporters, policy makers, industrialists, export promotion agencies as well as researchers. However, views expressed do not necessarily reflect those of the Bank.
Press Releases
India Exim Bank forecasts India’s merchandise exports to amount to US$ 108.1 bn and Non-oil exports to amount to US$ 92.1 bn for Q2 (July-September) of FY2026
India Exim Bank forecasts India’s merchandise exports to amount to US$ 111.7 bn and Non-oil exports to amount to US$ 89.8 bn for Q2 (July-September) of FY2025
India Exim Bank forecasts India’s merchandise exports to amount to US$ 116.7 bn and Non-oil exports to amount to US$ 93.9 bn for Q1 (April-June) of FY2025
India Exim Bank forecasts India’s merchandise exports to amount to US$ 118.2 bn and Non-oil exports to amount to US$ 95 bn for Q4 (January-March) of FY2024
India Exim Bank forecasts India’s merchandise exports for Q4 (January-March) of FY2023 to amount to US$ 110.9 bn resulting in record exports of US$ 447.3 bn for the full year. Non-oil exports would amount to US$ 87.7 bn for Q4 and US$ 350.5 bn for the ful
Exim Bank forecasts India’s merchandise exports for Q3 (October-December) of FY2023 to amount to US$ 100.5 bn, and non-oil exports to amount to US$ 80.5 bn
Exim Bank forecasts India’s merchandise exports for Q2 (July-September) of FY2023 to amount to US$ 114.4 bn, and non-oil exports to amount to US$ 91.7 bn
Exim Bank forecasts India’s merchandise exports for Q1 (Apr-Jun) of FY2023 to amount to US$ 117.2 bn, and non-oil exports to amount to US$ 93 bn
Exim Bank forecasts India’s merchandise exports for Q4 (January-March) of FY2022 to amount to US$ 111.3 bn, and non-oil exports to amount to US$ 95.2 bn, with total merchandise exports exceeding US$ 414 bn for FY2022
