India’s overall exports, comprising merchandise and services, rose to an estimated USD 210.31 billion during April-June 2025, registering a growth of 5.94 per cent compared to USD 198.52 billion during the same period last year, according to official estimates released today.
The cumulative value of merchandise exports stood at USD 112.17 billion, marking a growth of 1.92 per cent over USD 110.06 billion recorded during April-June 2024. Notably, non-petroleum exports grew by nearly 6 per cent to reach USD 94.77 billion during the same period.
Key drivers of growth include robust performances by sectors such as Electronic Goods, Drugs and Pharmaceuticals, Engineering Goods, Marine Products and Meat, Dairy and Poultry Products.
Electronic Goods emerged as a standout performer, with exports jumping by 46.93 per cent to USD 4.15 billion in June 2025, up from USD 2.82 billion in June 2024. Exports of Drugs and Pharmaceuticals rose by 5.95 per cent to USD 2.62 billion, while Engineering Goods exports recorded a modest growth of 1.35 per cent to USD 9.50 billion.
Exports of Marine Products rose by 13.33 per cent, while Meat, Dairy and Poultry Products witnessed a rise of 19.7 per cent.
Merchandise and Services Trade
During June 2025, India’s overall exports were estimated at USD 67.98 billion, reflecting a 6.5 per cent increase compared to June 2024. Total imports stood at USD 71.50 billion, registering a marginal rise of 0.50 per cent.
Merchandise exports during June 2025 remained stable at USD 35.14 billion compared to USD 35.16 billion in June last year, while imports fell slightly to USD 53.92 billion from USD 56 billion a year ago.
In the services sector, exports for June 2025 were estimated at USD 32.84 billion, up from USD 28.67 billion in June 2024, while imports rose to USD 17.58 billion from USD 15.14 billion.
Trade Deficit Narrows
India’s overall trade deficit narrowed to USD 3.51 billion in June 2025, compared to USD 7.30 billion in the same month last year. The merchandise trade deficit for April-June 2025 widened to USD 67.26 billion as against USD 62.10 billion a year ago, but the services trade surplus increased to USD 46.95 billion from USD 39.68 billion during April-June 2024.
Non-Petroleum and Non-Gems & Jewellery Trade
Exports excluding petroleum and gems & jewellery rose to USD 28.74 billion in June 2025 from USD 27.43 billion in June 2024. Imports in the same category remained stable at USD 36.57 billion compared to USD 36.55 billion a year ago.
For the April-June quarter, non-petroleum and non-gems & jewellery exports stood at USD 88.10 billion, marking an increase from USD 82.16 billion in the same period last year.
Key Commodities and Destinations
Among commodities, Electronic Goods, Tea, Jute Manufacturing including Floor Coverings, Other Cereals, Cereal Preparations, Fruits & Vegetables, Plastics, Carpet, Chemicals, Textiles and Rice posted positive growth during June 2025.
On the other hand, imports of Pulses, Newsprint, Gold, Transport Equipment, Coal, Pearls and Precious Stones, Project Goods and Iron & Steel recorded a decline during the month.
The United States, China, Kenya, France and Brazil emerged as the top five export destinations showing positive growth in June 2025 compared to June 2024. Ireland, Hong Kong, Singapore, Thailand and China were among the top sources registering growth in imports during the month.
For the quarter, the United States, China, Kenya, Germany and Australia led growth in export destinations, while China, UAE, Ireland, the United States and Hong Kong were the top sources for imports.
Services Exports Surge
Services exports grew by 10.93 per cent during April-June 2025, reaching USD 98.13 billion compared to USD 88.46 billion a year earlier. Services imports also rose to USD 51.18 billion from USD 48.78 billion.