India's Overall Exports Reached USD 682.59 Billion During April 2024 - January 2025, Recording an Estimated Growth of 7.21%.

Economy Business

According to the data released by the Ministry of Commerce and Industry (MoC&I), India’s total exports, including merchandise and services, were estimated at USD 74.97 billion in January 2025, marking a 9.72% increase compared to January 2024.


      - Meanwhile, total imports, covering merchandise and services, stood at USD 77.64 billion, reflecting a 12.98% rise over the same period last year.

      - India’s cumulative exports for April 2024 - January 2025 are estimated at USD 682.59 billion, reflecting a 7.21% increase compared to April 2023 - January 2024. Total imports for April 2024 - January 2025 are estimated at USD 770.06 billion, registering a growth of 8.96% over April 2023 - January 2024.

     

Main Point :-   (i) In January 2025, merchandise exports were USD 36.43 billion, slightly lower than USD 37.32 billion recorded in January 2024. On the other hand, merchandise imports for January 2025 stood at USD 59.42 billion, showing an increase from USD 53.88 billion in January 2024.

      (ii) In January 2025, India’s services exports were estimated at USD 38.55 billion, increasing from USD 31.01 billion in January 2024.

(iii) Meanwhile, services imports for January 2025 stood at USD 18.22 billion, up from USD 14.84 billion in January 2024.

          ____________________________