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Friday, 16 May 2025

India’s Total Exports Rise 12.70% to USD 73.80 Billion in April 2025; Services Exports Jump 17%

India’s total exports (merchandise and services combined) for April 2025 reached an estimated US$ 73.80 billion, marking a significant 12.70% growth compared to US$ 65.48 billion in April 2024. This robust performance, reported on May 15, 2025, highlights India’s growing influence in global trade. Meanwhile, total imports for April 2025 were estimated at US$ 82.45 billion, reflecting a 15.72% increase from US$ 71.25 billion in April 2024, resulting in a trade balance of -US$ 8.65 billion.

Merchandise Trade Highlights

Merchandise exports in April 2025 stood at US$ 38.49 billion, a 9.02% increase from US$ 35.30 billion in April 2024. Non-petroleum exports grew by 10.10%, reaching US$ 31.11 billion compared to US$ 28.26 billion in the previous year. Key sectors driving this growth included electronic goodsengineering goods, and gems & jewellery. On the import side, merchandise imports rose to US$ 64.91 billion, up 19.13% from US$ 54.49 billion in April 2024.

Key Export Sectors

Several sectors recorded notable growth in April 2025:

  • Electronic Goods: Increased by 39.51% to US$ 3.69 billion.
  • Engineering Goods: Grew by 11.28% to US$ 9.51 billion.
  • Gems & Jewellery: Rose by 10.74% to US$ 2.5 billion.
  • Textiles (RMG): Up by 14.43% to US$ 1.37 billion.
  • Rice: Increased by 13.63% to US$ 1.08 billion.
  • Marine Products: Grew by 17.81% to US$ 0.58 billion.
  • Drugs & Pharmaceuticals: Rose by 2.37% to US$ 2.49 billion.

Services Trade Growth

The services sector also showcased impressive growth, with estimated exports for April 2025 reaching US$ 35.31 billion, a 17.01% increase from US$ 30.18 billion in April 2024. Services imports grew to US$ 17.54 billion, up 4.65% from US$ 16.76 billion in the previous year. This growth underscores the increasing global demand for India’s services, particularly in areas like information technology and consulting.

Notable Import Trends

While imports grew overall, certain categories saw declines:

  • Pulses: Decreased by 23.5%.
  • Newsprint: Fell by 14.4%.
  • Coal, Coke & Briquettes: Down by 12.28%.
  • Fruits & Vegetables: Reduced by 8.97%.
These trends reflect strategic shifts in India’s import priorities.

Key Export Destinations and Import Sources

India’s trade partnerships flourished in April 2025, with top export destinations showing significant growth:

  • Kenya132.44% growth.
  • Tanzania87.2% growth.
  • Australia74.16% growth.
  • UAE33.65% growth.
  • USA27.31% growth.
Major import sources included Ireland (425.65% growth), UAE (88.97%), and USA (63.76%), indicating diversified trade relations.

Significance of Trade Growth

The strong performance of India’s exports and imports in April 2025 reflects the country’s growing economic resilience and global competitiveness. Sectors like electronicsengineering goods, and services are driving this growth, contributing to job creation and economic development. The data highlights India’s strategic focus on diversifying its trade portfolio and strengthening international partnerships.

Key Information About India’s Trade in April 2025

  • Total Exports: US$ 73.80 billion, up 12.70% from April 2024.
  • Merchandise Exports: US$ 38.49 billion, up 9.02%.
  • Services Exports: US$ 35.31 billion, up 17.01%.
  • Non-Petroleum Exports: US$ 31.11 billion, up 10.10%.
  • Top Export Sectors: Electronic Goods (39.51% growth), Engineering Goods (11.28%), Gems & Jewellery (10.74%).
  • Top Export Destinations: Kenya (132.44%), Tanzania (87.2%), Australia (74.16%).
  • Trade Balance: -US$ 8.65 billion.
  • Data Note: Services trade data for April 2025 is estimated and subject to revision by the Reserve Bank of India.