calender_icon.png 24 May, 2025 | 12:58 PM

Exports rise 12.7% to $73.8 bn; deficit hits 5-mth high of $26 bn

16-05-2025 12:00:00 AM

FPJ News Service New Delhi

India’s total exports (merchandise and services) in April are estimated at $73.80 billion as compared to $65.48 billion during April 2024, an estimated growth of 12.70%, according to the data released by the Ministry of Commerce and Industry on Thursday. Total imports (merchandise and services combined) for April 2025 is estimated at $82.45 billion, registering a positive growth of 15.72% vis-à-vis April 2024.

Merchandise exports during April 2025 was $38.49 billion, as compared to $35.30 billion during April 2024, registering a positive growth of 9.02% on healthy growth in sectors such as electronics and engineering goods. The trade deficit widened to a 5-month high of $26.42 billion.

Non-petroleum exports in April 2025 valued at $31.11 billion registered an increase of 10.10% as compared to $28.26 billion in April 2024. Electronic goods exports increased by 39.51% from $2.65 billion in April 2024 to $3.69 billion in April 2025. Engineering goods exports increased by 11.28% from $8.55 billion in April 2024 to $9.51 billion in April 2025. Gems & Jewellery exports increased by 10.74% from $2.26 billion in April 2024 to $2.5 billion in April 2025.

RMG of all textiles exports increased by 14.43% from $1.2 billion in April 2024 to $1.37 billion in April 2025. Rice exports increased by 13.63% from $0.95 billion in April 2024 to $1.08 billion in April 2025.

Marine products exports increased by 17.81% from $ 0.49 billion in April 2024 to $0.58 billion in April 2025. Drugs & pharmaceuticals exports increased by 2.37% from $2.43 billion in April 2024 to $2.49 billion in April 2025.

Commenting on the data, Commerce Secretary Sunil Barthwal said, “I hope India will maintain this export momentum and it should be a good year for us" despite global uncertainties. We have opened this year with a bang. Exporters have achieved resiliency in their businesses. The secretary also said that the strategy to focus on 20 countries and six commodities is yielding positive results and the commerce ministry will continue to focus on this.