India's total exports estimated at US$ 820.93 billion in 2024-25, up 5.5%
India's merchandise and services exports in 2024-25 are estimated at US$ 820.93 billion, 5.50% higher than US$ 778.13 billion in 2023-24, the Commerce Ministry said on 16 April 2025.
Summary
India's cumulative merchandise and services exports in 2024-25 (April–March) are estimated at US$ 820.93 billion, growing 5.50% over US$ 778.13 billion in 2023-24, the Ministry of Commerce & Industry said on 16 April 2025. Merchandise exports were US$ 437.42 billion (up 0.08%), and non-petroleum exports rose 6.0% to US$ 374.08 billion. Services exports are estimated at US$ 383.51 billion, up 12.45%. Among the drivers, coffee exports rose 40.37% to US$ 1.81 billion, tobacco 36.53% to US$ 1.98 billion and electronic goods 32.47% to US$ 38.58 billion. The merchandise trade deficit was US$ 282.83 billion, against US$ 241.14 billion in 2023-24.
Key facts
- Total exports 2024-25 (est.)
- US$ 820.93 billion, +5.50%
- Merchandise
- US$ 437.42 billion, +0.08%
- Services (est.)
- US$ 383.51 billion, +12.45%
- Non-petroleum
- US$ 374.08 billion, +6.0%
- Fastest growth
- Coffee +40.37%, tobacco +36.53%, electronics +32.47%
- Merchandise trade deficit
- US$ 282.83 billion
Practice MCQs 2 questions
India's total (merchandise and services) exports in 2024-25 were estimated at about:
Show answer
Correct answer: A — US$ 820.93 billion
US$ 820.93 billion, up 5.50% from US$ 778.13 billion in 2023-24.
Consider the following statements about India's exports in 2024-25: 1. Merchandise exports declined compared to 2023-24. 2. Services exports are estimated to have declined compared to 2023-24. Which of the statements given above is/are correct?
Show answer
Correct answer: D — Neither 1 nor 2
Neither is correct. Merchandise exports grew 0.08% to US$ 437.42 billion and services exports are estimated to have grown 12.45% to US$ 383.51 billion.