India's April–December 2024 exports estimated at $602.64 billion
Merchandise plus services exports grew 6.03% over April–December 2023.
Summary
India's cumulative exports of merchandise and services for April–December 2024 were estimated at USD 602.64 billion, according to data released by the Ministry of Commerce and Industry on 15 January 2025. This was a growth of 6.03% over USD 568.36 billion in April–December 2023. Merchandise exports in the period were USD 321.71 billion, up 1.6%. Non-petroleum exports in December 2024 rose 5.05% to USD 33.09 billion.
Key facts
- Period
- April–December 2024
- Total exports
- USD 602.64 billion (+6.03%)
- Previous year
- USD 568.36 billion
- Merchandise exports
- USD 321.71 billion (+1.6%)
- Non-petroleum exports, Dec 2024
- USD 33.09 billion (+5.05%)
- Released
- 15 January 2025, Ministry of Commerce & Industry
Practice MCQs 3 questions
India's cumulative exports (merchandise and services) during April–December 2024 were estimated at about:
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Correct answer: C — USD 602.64 billion
PIB (Commerce): April–December 2024 total exports were estimated at USD 602.64 billion, up 6.03%.
By what percentage did India's merchandise exports grow in April–December 2024 over the same period of 2023?
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Correct answer: A — 1.6%
PIB: Merchandise exports were USD 321.71 billion vs USD 316.65 billion, a growth of 1.6%.
Consider the following statements about India's trade data released on 15 January 2025: 1. Total exports in April–December 2024 grew by 6.03%. 2. Non-petroleum exports in December 2024 were USD 33.09 billion. 3. Merchandise exports in April–December 2024 declined over the previous year. Which of the statements given above are correct?
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Correct answer: A — 1 and 2 only
Merchandise exports rose 1.6%, so statement 3 is wrong; 1 and 2 match the PIB release.