India’s Exports Witness Robust Growth in April-May 2025, Driven by Strong Performance in Electronics, Chemicals, Pharmaceuticals, and Textiles

India’s total exports (Merchandise and Services combined) for May 2025* is estimated at US$ 71.12 Billion, registering a positive growth of 2.77 percent vis-à-vis May 2024. Total imports (Merchandise and Services combined) for May 2025* is estimated at US$ 77.75 Billion, registering a negative growth of (-) 1.02 percent vis-à-vis May 2024.

Table 1: Trade during May 2025*

    May 2025

(US$ Billion)

May 2024

(US$ Billion)

Merchandise Exports 38.73 39.59
Imports 60.61 61.68
Services* Exports 32.39 29.61
Imports 17.14 16.88
Total Trade

(Merchandise +Services) *

Exports 71.12 69.20
Imports 77.75 78.55
Trade Balance -6.62 -9.35

*Note: The latest data for services sector released by RBI is for April 2025. The data for May 2025 is an estimation, which will be revised based on RBI’s subsequent release.

The Complete Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2136680

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