India’s cumulative exports of merchandise and services for April–August 2025 are estimated at US$ 349.35 billion, marking a 6.18% growth over US$ 329.03 billion recorded during the same period in 2024, according to the Ministry of Commerce & Industry.
Merchandise & Services Trade Snapshot
- Merchandise exports (Apr–Aug 2025): US$ 184.13 billion vs. US$ 179.60 billion in 2024 (+2.52%)
- Non-petroleum exports: US$ 158.07 billion vs. US$ 147.25 billion (+7.35%)
- Total imports (Apr–Aug 2025): US$ 390.78 billion vs. US$ 381.30 billion (+2.49%)
- Trade deficit (Apr–Aug 2025): US$ 41.42 billion vs. US$ 52.27 billion
August 2025 Trade Highlights
India’s total exports in August 2025 stood at US$ 69.16 billion, a 9.34% rise compared to August 2024. Imports, however, contracted by 7%, falling to US$ 79.04 billion.
- Merchandise exports: US$ 35.10 billion (vs. US$ 32.89 billion in Aug 2024)
- Merchandise imports: US$ 61.59 billion (vs. US$ 68.53 billion)
- Services exports: US$ 34.06 billion (vs. US$ 30.36 billion)
- Services imports: US$ 17.45 billion (vs. US$ 16.46 billion)
- Trade deficit (Aug 2025): US$ 9.88 billion (improved from US$ 21.73 billion in Aug 2024)
Key Export Drivers in August 2025
- Electronics: +25.93% (US$ 2.93 bn vs. US$ 2.32 bn)
- Engineering Goods: +4.91% (US$ 9.90 bn vs. US$ 9.44 bn)
- Gems & Jewellery: +15.57% (US$ 2.31 bn vs. US$ 2.00 bn)
- Petroleum Products: +6.54% (US$ 4.48 bn vs. US$ 4.20 bn)
- Drugs & Pharmaceuticals: +6.94% (US$ 2.51 bn vs. US$ 2.35 bn)
Other sectors that registered double-digit growth included cereals, coal & minerals, tea, dairy, poultry, ceramic products, and rice.
Services Sector Performance
Services exports for April–August 2025 are estimated at US$ 165.22 billion, up from US$ 149.43 billion in the same period last year. Imports stood at US$ 84.25 billion, leading to a services trade surplus of US$ 80.97 billion, compared to US$ 68.25 billion last year.
Export Destinations & Import Sources
Top export destinations showing strong growth in August 2025:
- UAE (+23.42%)
- USA (+7.15%)
- Netherlands (+17.87%)
- Hong Kong (+62.46%)
- China (+22.38%)
Key import sources registering growth in August 2025 included Russia, Saudi Arabia, Ireland, Iraq, and Qatar.
The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2166813
