# Commerce and Industry Minister Piyush Goyal asked for taking the country’s goods and services exports to USD 1 trillion this fiscal year.

*business · news · 2026-05-13 · Daily Excelsior*

## Key points

- India's exports reached a record USD 863.11 billion in 2025-26, up 4.6% year-on-year.
- India aims to reach USD 1 trillion in goods and services exports this fiscal year.
- Nine FTAs have been finalized since 2021; four are operational, five more will start within 12 months.
- India plans to conclude FTAs with Chile and Maldives by the end of this year.
- Talks will soon begin with Mexico and the Southern African Customs Union for new trade agreements.

**Countries:** India, Mauritius, UAE, Australia, Oman, New Zealand, EU, UK, Chile, Maldives, Canada, Israel, Russia, Mexico, Argentina, Brazil, Paraguay, Uruguay

[Read the full story on Daily Excelsior](https://www.dailyexcelsior.com/usd-1-trillion-exports-target-for-this-year-goyal/)

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