Engineering, electronics, and gems power India’s export growth to $277.63B in Apr–Jul 2025.
- Total exports: $277.63B (Apr–Jul 2025) vs $263.83B last year
- Merchandise exports: $149.20B (+3.07%)
- Non-petroleum exports: $127.46B (+7.70%)
- July 2025 exports: $68.27B (+4.52%)
- Top growth sectors:
- Electronics +33.89%
- Gems & Jewellery +28.95%
- Engineering Goods: +13.75%
- Pharma +14.06%
- Chemicals +7.19%
- Top markets: USA 🇺🇸, UAE 🇦🇪, China 🇨🇳, Spain 🇪🇸, Hong Kong 🇭🇰
- Services exports: $128.43B (+7.86%) → $63.53B surplus
- Imports: $308.91B (+4.25%) → Trade deficit: $31.28B
India’s export engine continued to gain momentum, with cumulative exports (merchandise and services) for April–July 2025 estimated at USD 277.63 billion, up 5.23% from USD 263.83 billion a year earlier. Merchandise exports rose 3.07% to USD 149.20 billion, while non-petroleum exports surged 7.70% to USD 127.46 billion.
July 2025 alone saw total exports of USD 68.27 billion, a 4.52% year-on-year increase, driven by robust demand in engineering goods (+13.75%), electronics (+33.89%), gems & jewellery (+28.95%), pharmaceuticals (+14.06%), and chemicals (+7.19%). The USA, UAE, China, Spain, and Hong Kong emerged as the top-growing destinations.
Imports also rose up 4.25% in April–July 2025 to USD 308.91 billion, widening the overall trade deficit to USD 31.28 billion. Merchandise imports hit USD 244.01 billion, with Saudi Arabia, Hong Kong, Ireland, Peru, and the USA recording sharp supply growth.
Services remained a bright spot, with exports estimated at USD 128.43 billion for April–July 2025, up 7.86%, producing a services trade surplus of USD 63.53 billion. Gains were also seen in agricultural products like cereals, coffee, and oil seeds, alongside traditional sectors like rice, tea, and handicrafts.
India’s strong export performance reflects both manufacturing resilience and growing demand from key global markets, setting the stage for further gains in the coming months.
