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According to MoC&I India's Exports Rise by 6.24% to USD 750.53 Billion in April-February FY25.

Economy Business | Dated: 20 Mar 2025

According to the latest data from the Ministry of Commerce & Industry (MoC&I), India's total merchandise and services exports grew by 6.24% Year-on-Year (Y-o-Y) during April-February of Financial Year 2024-25 (FY25), reaching USD 750.53 billion compared to USD 706.43 billion during the same period of the previous FY.

🎯 Key Highlights:

- India's combined merchandise and services imports stood at USD 839.89 billion during April-February of FY25, reflecting a 7.28% growth from USD 782.90 billion in the same period of FY24.
- India's total exports, including both merchandise and services, reached USD 71.95 billion in February 2025, marking a 3.16% growth from USD 69.74 billion in February 2024.
- However, the cumulative value of India's merchandise and services trade recorded a negative growth of (-11.34%), decreasing from USD 76.15 billion in February 2024 to USD 67.52 billion in February 2025.

💡 Other Important Facts:

(i) As per the data, India's overall merchandise exports declined for the fourth consecutive month of FY25, dropping by 10.8% to USD 36.91 billion in February 2025 from USD 41.41 billion in February 2024.
(ii) Meanwhile, India's total services exports were estimated at USD 35.03 billion in February 2025, up from USD 28.33 billion in February 2024.

📚 Test Your Knowledge:

According to the Ministry of Commerce & Industry (MoC&I), by what percentage did India's total exports increase during April-February of FY25?

Correct Answer: 6.24%

🚀 Quick Recap:

About Ministry of Commerce & Industry (MoC&I)

Union Minister: Piyush Goyal
Headquarters : New Delhi