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NITI Aayog Releases 2nd Edition of Trade Watch Quarterly for Q2 of FY25.

National | Dated: 31 Mar 2025

In March 2025, Dr. Arvind Virmani, Member of the National Institution for Transforming India (NITI) Aayog, released the second edition of the "Trade Watch Quarterly" (TWQ) publication for the Second Quarter of the Financial Year 2024-25 (Q2 FY25, July to September) in New Delhi, Delhi.

🎯 Key Highlights:

  • - This edition provides a comprehensive analysis of India's trade performance and offers key insights into the textile sector, a crucial driver of economic growth.
  • - India's total trade grew by 5.67% to USD 839 billion during April-September 2024 compared to the same period in 2023, with exports rising by 5.23% to USD 395 billion, while imports increased by 6.07% Year-on-Year (Y-o-Y) to USD 445 billion.
  • - The merchandise trade deficit with Free Trade Agreement (FTA) partners increased to USD 26 billion.

💡 Other Important Facts:

  • (i) The United States of America (USA), the United Arab Emirates (UAE), and the Netherlands remained India's top export destinations, accounting for 33% of total exports.
  • (ii) China, the United Arab Emirates (UAE), and Russia continued to be India's top import sources. Imports from the UAE saw a significant rise, mainly due to increased shipments of specific goods.

📚 Test Your Knowledge:

Recently, who released the 2nd edition of the "Trade Watch Quarterly" (TWQ) for Q2 FY25?

Correct Answer: Dr. Arvind Virmani

🚀 Quick Recap:

About NITI Aayog

  • CEO: Shri B.V.R. Subrahmanyam
  • Headquarters : New Delhi