Indian Economy News

The cumulative exports (merchandise & services) during April-September 2025 is estimated at US$ 413.30 billion, as compared to US$ 395.71 billion in April-September 2024, an estimated growth of 4.45%

India’s cumulative exports of merchandise and services during H1 2025 reached US$ 413.30 billion, marking a 4.45% increase from US$ 395.70 billion in H1 2024. Non-petroleum exports surged by 7.04%, reaching US$189.49 billion. Key drivers of merchandise export growth in September 2025 included electronic goods, petroleum products, engineering goods, rice, marine products, and drugs & pharmaceuticals. Notably, electronic goods exports jumped by 50.54%, while petroleum products saw a 15.22% increase. The IMF has upgraded India’s 2025 growth forecast to 6.6%, signaling continued economic momentum. Total exports for September 2025 were estimated at US$ 67.20 billion, with a 0.78% increase compared to September 2024. Imports, however, grew by 11.34%, reaching US$ 83.82 billion.
In terms of trade balance, India’s total exports during April-September 2025 registered a 4.45% growth to US$ 413.30 billion, while imports grew by 3.55% to US$ 472.79 billion. The trade deficit for the period was US$ 59.48 billion. In the merchandise trade, exports in September 2025 were US$ 36.38 billion, up from US$ 34.08 billion in September 2024. Imports for the month were US$ 68.53 billion, compared to US$ 58.74 billion in the previous year. Non-petroleum and non-gems & jewellery exports in September 2025 were US$ 28.59 billion, up from US$ 26.95 billion in September 2024. Service exports for September 2025 were estimated at US$ 30.82 billion, down from US$ 32.60 billion in September 2024. The service trade surplus for H1 2025 was US$ 95.50 billion, compared to US$ 84.31 billion in the same period in 2024.

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