Have India’s Exports of Goods and Services Surged by 9.34% to Exceed $69 Billion in August?

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Have India’s Exports of Goods and Services Surged by 9.34% to Exceed $69 Billion in August?

Synopsis

India's exports have shown impressive resilience, with a 9.34% rise, reaching over $69 billion in August, despite global uncertainties. This growth is led by strong performances in electronics and pharmaceuticals, signaling a robust recovery for the Indian economy.

Key Takeaways

  • India's exports grew by 9.34% in August.
  • Exports reached $69.16 billion in total.
  • Electronic goods exports surged by 25.93%.
  • Pharmaceuticals saw a 6.94% increase.
  • Top export destinations showed positive growth.

New Delhi, Sep 15 (NationPress) India's overall exports of goods and services experienced a significant increase of 9.34% in August, reaching $69.16 billion compared to the same month last year, according to official data released by the Ministry of Commerce and Industry on Monday.

In August 2025, the country's merchandise exports rose to $35.10 billion, up from $32.89 billion in August 2024, despite ongoing economic uncertainties in the global market caused by the US tariff hikes.

Commerce Secretary Sunil Barthwal noted, “Indian exporters have performed admirably despite global and trade policy uncertainties, indicating the effectiveness of government policies.”

The growth in merchandise exports for August was driven primarily by sectors such as electronic goods, engineering products, gems and jewellery, petroleum, and pharmaceuticals.

Exports of electronic goods soared by 25.93% to $2.93 billion in August, up from $2.32 billion during the same month last year, while engineering goods exports grew by 4.91% to $9.90 billion from $9.44 billion in August 2024.

Exports of gems and jewellery surged by 15.57% to $2.31 billion in August, compared to $2 billion in the same month last year, while petroleum product exports rose by 6.54% to $4.20 billion.

Pharmaceuticals saw a 6.94% increase, with exports valued at $2.51 billion in August, bolstered by strong global demand for India's affordable generic medicines.

The estimated value of service exports for August 2025 stood at $34.06 billion, climbing from $30.36 billion in the same month last year.

From April to August 2025, cumulative exports of goods and services totaled $349.35 billion, marking a rise of 6.18% compared to $329.03 billion during the same period last year, according to government statistics.

The total imports (goods and services combined) for August are projected at $79.04 billion, reflecting a -7% decline compared to the same month last year.

Total exports from April to August 2025 are estimated at $349.35 billion, demonstrating a positive growth of 6.18%. Meanwhile, imports during the same period are projected at $390.78 billion, up by 2.49%.

Merchandise imports in August this year reached $61.59 billion, compared to $68.53 billion in August 2024.

Merchandise exports from April to August 2025 were $184.13 billion, an increase from $179.60 billion during the same period in 2024.

The leading export destinations that demonstrated positive growth in August 2024 include the UAE (23.42%), the US (7.15%), the Netherlands (17.87%), Hong Kong (62.46%), and China (22.38%), as cited in the official report.

Point of View

It is crucial to recognize the positive trajectory of India's exports amidst global challenges. The robust growth of 9.34% in August exemplifies the resilience and adaptability of Indian businesses. This performance not only highlights the efficacy of government initiatives but also positions India favorably in the global market, fostering optimism for future economic stability.
NationPress
15/09/2025

Frequently Asked Questions

What is the percentage increase in India's exports for August?
India's exports of goods and services increased by 9.34% in August.
What was the total value of India's exports in August?
India's total exports for August reached $69.16 billion.
Which sectors contributed to the growth in merchandise exports?
The growth in merchandise exports was driven by electronic goods, engineering products, gems and jewellery, petroleum, and pharmaceuticals.
How much did pharmaceutical exports increase in August?
Pharmaceutical exports registered a 6.94% increase to $2.51 billion.
What are the leading export destinations for India?
The top export destinations include the UAE, the US, the Netherlands, Hong Kong, and China.