India’s trade performance in FY 2024-25 has shown remarkable resilience, with exports surging 5.50% to $820.93 billion.
This growth is fueled by booming electronics, agricultural produce, and pharmaceutical exports.
Key Highlights:
- Merchandise Exports: Grew 0.08% to $437.42 billion.
- Non-Petroleum Exports: Rose 6.0% to $374.08 billion.
- Services Sector: Recorded 12.45% growth, reaching $383.51 billion.
- Trade Balance: India posted a $94.26 billion trade deficit.
Major Export Growth Areas: Among the standout performers were electronics goods, which surged 32.47%, followed by coffee (+40.37%), tobacco (+36.53%), and rice (+19.73%). Traditional industries like engineering goods, pharmaceuticals, and textiles also recorded steady gains.
Top Trading Destinations & Sources: India’s exports saw significant growth in markets like the USA, UK, Japan, UAE, and France, while imports surged from China, UAE, Thailand, USA, and Russia.
As the global economy stabilises, India’s export landscape appears promising, with strong domestic production and international demand driving sustained trade expansion.
