Summary:
India’s total exports (merchandise and services) in April-May 2025 was Rs. 12,23,900 crore (US$ 142.43 billion), up 5.75% over the same period in 2024. Merchandise exports jumped 3.07% to Rs. 6,63,293 crore, while services exports increased 9.11% to Rs. 5,60,607 crore. Imports rose 6.52% to Rs. 13,71,185 crore (US$ 159.57 billion), increasing the trade imbalance to Rs. 1,47,284 crore. In May 2025, services exports increased, while product exports decreased marginally. Electronics (+54.10%), marine products (+26.79%), and medicines (+7.38%) were major export drivers. Nonpetroleum exports increased 7.53%. The United States, Australia, and China witnessed high demand, while the UAE and Ireland led import increases. Petroleum and fertiliser imports have decreased dramatically.
Source: IBEF
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