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

Exim Bank forecasts India’s merchandise exports for Q3 (October-December) of FY2022 to amount to US$ 105.8 bn, and non-oil exports to amount to US$ 89.1 bn

India Exim Bank forecasts India’s merchandise exports for Q2 of FY2022 to amount to US$ 98.45 bn, and non-oil exports to amount to US$ 85.63bn

India Exim Bank forecasts India’s merchandise exports for Q1 of FY2022 to amount to US$ 87.2 bn, and non-oil exports to amount to US$ 78.26 bn, witnessing a robust positive growth

India Exim Bank forecasts India’s merchandise exports for the fourth quarter of FY2021 to amount to US$ 78.6 bn, while India’s non-oil exports to amount to US$ 73.9 bn, witnessing a positive growth

India Exim Bank forecasts India’s Non-Oil exports for the third quarter of FY2021 to amount to US$ 68.3 bn, witnessing a marginal positive annual growth

Exim Bank forecasts India’s merchandise exports for the second quarter of FY2020 to grow y-o-y at 0.6 percent

Exim Bank forecasts India’s merchandise exports and Non-Oil Exports to witness a positive growth momentum in the first quarter of FY2020 with y-o-y growth rate of 2.5 percent and 4.2 percent, respectively

Exim Bank forecasts India’s merchandise exports for the fourth quarter of FY2019 to grow at 7.7 percent and India’s Non-Oil Exports to grow at 5.1 percent over the corresponding quarter of the previous year

Exim Bank forecasts India’s merchandise exports for the third quarter of FY2019 to grow at 7 percent and India’s Non-Oil Exports to grow at 7.2 percent over the corresponding quarter of the previous year