The cumulative exports (merchandise & services) during April-August 2025 is estimated at US$ 349.35 Billion, as compared to US$ 329.03 Billion in April-August 2024, a growth of 6.18%

India’s total exports (merchandise and services combined) in August 2025 are estimated at US$ 69.16 billion, reflecting 9.34% growth compared with August 2024. Imports fell 7% to US$ 79.04 billion, narrowing the trade deficit to US$ 9.88 billion from US$ 21.73 billion a year earlier. Merchandise exports are estimated at US$ 35.10 billion, up from US$ 32.89 billion, while estimated imports declined to US$ 61.59 billion from US$ 68.53 billion. Services exports rose to an US$ 34.06 billion against US$ 30.36 billion, while imports increased modestly to US$ 17.45 billion. Excluding petroleum and gems & jewellery, exports were US$ 28.31 billion compared to US$ 26.68 billion, while imports stood at US$ 41.02 billion, marginally lower than US$ 41.41 billion last year.
For April-August 2025, India’s cumulative exports are estimated at US$ 349.35 billion, up 6.18% from US$ 329.03 billion in the same period of 2024. Imports rose 2.49% to US$ 390.78 billion, resulting in a trade deficit of US$ 41.42 billion compared to US$ 52.27 billion a year earlier. Merchandise exports reached US$ 184.13 billion, while imports were US$ 306.52 billion, leading to a merchandise trade deficit of US$ 122.39 billion. Services exports stood at US$ 165.22 billion, up from US$ 149.43 billion, while imports rose to US$ 84.25 billion. The services trade surplus expanded to US$ 80.97 billion from US$ 68.25 billion. Growth drivers included electronic goods (25.93%), tea (20.52%), rice (11.94%), pharmaceuticals (6.94%), and engineering goods (4.91%), while imports of gold (-56.67%), silver (-59.67%), coal (-26.2%) and iron & steel (-10.98%) declined. Key destinations for export growth included the United Arab Emirates, the United States, the Netherlands, Hong Kong, and China, while import growth was led by Russia, Saudi Arabia, Ireland, Iraq, and Qatar.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.