📅 Published: June 2025
📌 Source: Ministry of Commerce & Industry – Trade Update
India’s foreign trade is showing strong signs of growth! The combined value of merchandise and services exports from April to May 2025 reached $142.43 billion, marking a 5.75% increase compared to the same period in 2024.
This positive momentum is being driven by strong performance in electronics, chemicals, pharmaceuticals, marine products, and textiles.
📈 Key Highlights: Export Growth (April–May 2025)
- Total Exports (Merchandise + Services):
📊 $142.43 Billion (vs. $134.69 Billion in 2024)
✅ Growth: 5.75% - Merchandise Exports Only:
📦 $77.19 Billion (vs. $74.89 Billion in 2024)
✅ Growth: 3.07% - Non-Petroleum Exports:
🔋 $64.25 Billion (vs. $59.75 Billion in 2024)
✅ Growth: 7.53%
🚀 Top Export Sectors Showing Strong Growth in May 2025
| Sector | May 2024 | May 2025 | % Growth |
|---|---|---|---|
| Electronic Goods | $2.97 B | $4.57 B | +54.10% |
| Organic & Inorganic Chemicals | $2.31 B | $2.68 B | +16.00% |
| Drugs & Pharmaceuticals | $2.31 B | $2.48 B | +7.38% |
| Marine Products | $0.58 B | $0.73 B | +26.79% |
| Textiles (RMG) | $1.36 B | $1.51 B | +11.35% |
These sectors are emerging as growth engines for India’s export economy.
🔄 May 2025 Trade Snapshot (Monthly)
- Total Exports (Merchandise + Services):
📦 $71.12 Billion
✅ Growth: +2.77% vs. May 2024 - Total Imports (Merchandise + Services):
📥 $77.75 Billion
❌ -1.02% decline vs. May 2024
🔍 What Does This Mean for India’s Economy?
India’s export performance is encouraging—especially in high-value sectors like electronics and pharmaceuticals. The sharp growth in electronic goods (over 54%) shows the impact of government initiatives like Make in India and PLI schemes.
At the same time, a decline in imports could indicate improving self-reliance or reduced global demand.
🧾 Conclusion:
India’s export sector is holding strong despite global uncertainties. With targeted policies and rising demand in niche sectors, the country is moving steadily toward its trade goals.
🌐 For more updates on India’s trade, finance, and economy — stay connected with The Banking Times.