New Delhi: India’s trade performance in 2025 reflected steady momentum, with total exports (merchandise and services combined) for April–August 2025 estimated at US$ 349.35 billion, marking a 6.18% growth over US$ 329.03 billion in April–August 2024, according to the latest India export data released by the government.
India Export Data: Merchandise Exports and Imports
Merchandise exports during April–August 2025 stood at US$ 184.13 billion, up 2.52% from US$ 179.60 billion in the same period last year. Merchandise imports totaled US$ 306.52 billion, compared to US$ 300.12 billion in 2024, resulting in a trade deficit of US$ 122.39 billion.
Also Read: CRIF SIDBI Small Businesses Report 2025: Small Business Credit Expands 21.8 Per Cent CAGR
In August 2025 alone, merchandise exports rose to US$ 35.10 billion, up from US$ 32.89 billion in August 2024, while imports fell to US$ 61.59 billion against US$ 68.53 billion a year earlier.
Non-petroleum and non-gems & jewellery exports for April–August 2025 reached US$ 146.71 billion, showing growth from US$ 136.13 billion.
India Export Data: Services Trade Surplus Expands
Services continued to be a strong pillar in India’s trade. Exports of services during April–August 2025 reached US$ 165.22 billion, up from US$ 149.43 billion in 2024, while imports rose modestly to US$ 84.25 billion from US$ 81.18 billion. The services trade surplus widened to US$ 80.97 billion, compared with US$ 68.25 billion in the previous year.
India Export Data: August 2025 Trade Highlights
Total exports (merchandise and services combined) for August 2025 were estimated at US$ 69.16 billion, up 9.34% compared to August 2024. Imports, however, declined 7% to US$ 79.04 billion.
Also Read: MSME AI Grand Challenge Launched by StartupTN and TNeGA to Predict Business Distress
India Export Data: Major drivers of merchandise exports growth in August included
- Electronic goods: US$ 2.93 billion (↑25.93%)
- Engineering goods: US$ 9.90 billion (↑4.91%)
- Gems & jewellery: US$ 2.31 billion (↑15.57%)
- Petroleum products: US$ 4.48 billion (↑6.54%)
- Drugs & pharmaceuticals: US$ 2.51 billion (↑6.94%)
Additional commodities with positive export growth included cereals, tea, meat, rice, ceramics, marine products, and chemicals.
India Export Data: Key Trade Partners
- Top export destinations in April–August 2025 included the USA (+18.06%), China (+19.82%), UAE (+6.53%), Hong Kong (+26.19%), and Germany (+11.73%).
- Top import sources included China (+10.19%), Ireland (+266.67%), UAE (+9.18%), Hong Kong (+24.05%), and the USA (+8.54%).
India Export Data: Sectoral Import Decline
Notable declines were seen in imports of project goods (-90.63%), pulses (-64.14%), silver (-59.67%), gold (-56.67%), transport equipment (-26.54%), and coal (-26.2%).
Trade during April-August 2025 April-August 2025(US$ Billion) April-August 2024(US$ Billion) Merchandise Exports 184.13 179.60 Imports 306.52 300.12 Services* Exports 165.22 149.43 Imports 84.25 81.18 Total Trade(Merchandise +Services) * Exports 349.35 329.03 Imports 390.78 381.30 Trade Balance -41.42 -52.27
