India’s combined merchandise and services exports saw a 5.75% rise during April-May 2025 over the previous year.
India’s total exports, combining merchandise and services, reached an estimated US$ 142.43 billion in April-May 2025, reflecting a 5.75% year-on-year increase from US$ 134.69 billion in April-May 2024. Merchandise exports alone contributed US$ 77.19 billion, a 3.07% rise, while services exports were estimated at US$ 65.24 billion, marking a 9.11% growth.
Notably, non-petroleum exports grew by 7.53%, and non-petroleum, non-gems & jewellery exports saw a rise to US$ 59.37 billion. Key sectors driving export growth in May 2025 included electronic goods (54.1%), marine products (26.79%), and pharmaceuticals (7.38%).
Top export destinations registering significant value growth included the USA, China, Australia, Russia, and Germany. On the import side, overall imports stood at US$ 159.57 billion, with major sourcing from UAE, China, USA, Ireland, and Hong Kong. The trade deficit widened to US$ 17.14 billion, up from US$ 15.12 billion last year.
Source: PIB Delhi
