India-ASEAN Trade Hits USD 128 Billion in 2025-26
15 July 2026: India and ASEAN recorded bilateral trade of USD 128 billion in 2025-26, as both sides continued talks to review the ASEAN-India Trade in Goods Agreement (AITIGA). According to India’s Ministry of Commerce and Industry, ASEAN accounts for around 11% of India’s global trade, making it one of the country’s key trading partners. The figures were cited as India hosted the 13th AITIGA Joint Committee and related meetings at Vanijya Bhawan, New Delhi, from July 6 to 10, 2026.
At a Glance ….
– Trade: India-ASEAN bilateral trade reached USD 128 billion in 2025-26
– Share: ASEAN accounts for around 11 per cent of India’s global trade
– Meeting: 13th AITIGA Joint Committee
– Venue: Vanijya Bhawan, New Delhi
– Dates: July 6-10, 2026
The meeting reviewed progress in negotiations aimed at modernising the trade pact. The discussions were held in a hybrid format and included delegations from all 10 ASEAN member states: Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
The Joint Committee meeting held on July 7 was co-chaired by Nitin Kumar Yadav, Additional Secretary in India’s Department of Commerce, and Mastura Ahmad Mustafa, Deputy Secretary General (Trade) in Malaysia’s Ministry of Investment, Trade and Industry.
Three of the eight sub-committees under the AITIGA Joint Committee also met on the sidelines. These covered Customs Procedures and Trade Facilitation, National Treatment and Market Access, and Rules of Origin.
The Commerce Ministry said the Joint Committee gave strategic guidance to the sub-committees and asked them to speed up the finalisation of pending chapters. The sub-committees were also given time-bound deliverables to maintain the pace of talks.
The AITIGA review is expected to make the trade agreement more business-friendly by simplifying procedures, improving market access and strengthening trade facilitation. For India and ASEAN, the review is also linked to wider goals of supply-chain resilience, investment flows and deeper regional economic integration under India’s Act East Policy.
The outcome will be closely watched by exporters and importers because clearer rules of origin, easier customs procedures and better market access can directly affect trade costs.
