• ●Ninth edition of NITI Aayog's Trade Watch Quarterly, for Q1 FY27 (April-June 2026), released 16 September 2026 by Vice-Chairman Ashok Kumar Lahiri; first edition December 2024.
• ●India's total trade $506.9 billion in Q1 FY27, up 15.5 per cent, against global goods trade of $13.7 trillion in H1 2026 (+12.5 per cent) and services trade growth of 10.5 per cent.
• ●Digitally delivered services exports $277 billion (2024) to $317 billion (2025), taking India from fifth to fourth-largest exporter, behind the US, UK and Ireland.
• ●Theme - metals and ores: exports $34.8 billion in 2025, about 78 per cent of it iron and steel, articles of iron and steel, and aluminium.
• ●Metals and ores imports $32.2 billion (2015) to $60.5 billion (2025), led by copper, lithium, cobalt and nickel.
• ●Tanzania and South Africa entered the top ten export markets; FTA-partner exports +36.3 per cent against imports +10 per cent; Northeast Asia, West Asia-GCC and ASEAN supply about half of imports.
• ●Flagged: the MMDR Amendment Act, 2026 under the Mines and Minerals (Development and Regulation) Act, 1957, and the EU Carbon Border Adjustment Mechanism for steel and aluminium.

Consider the following statements about India's trade in Q1 FY27 as reported in the ninth Trade Watch Quarterly: 1. India's total trade crossed $500 billion in the quarter, growing at over 15 per cent year-on-year. 2. Exports to free trade agreement partner countries grew faster than imports from them. Which of the statements given above is/are correct?