Summary:

India's overall exports in FY25 totaled ₹70.27 lakh crore (US$ 820.93 billion), marking a 5.5% increase from FY23. Merchandise exports saw a slight rise to ₹37.44 lakh crore, with nonpetroleum exports growing by 6%. Key contributors included electronic goods, coffee, tobacco, rice, and pharmaceuticals. Electronic items alone accounted for ₹3.30 lakh crore, while grains and pharmaceutical products contributed ₹1.06 lakh crore and ₹2.60 lakh crore, respectively

Service exports rose by 12.45% to ₹32.82 lakh crore, whereas imports reached ₹16.68 lakh crore, resulting in a trade surplus of ₹16.17 lakh crore. Total imports, including goods and services, increased by 6.85% to ₹78.34 lakh crore. The merchandise trade deficit widened to ₹24.21 lakh crore. Major export destinations included the US, UK, UAE, Japan, and France, while key import sources were the UAE, China, Thailand, the US, and Russia.

Source: IBEF

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