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

Synopsis
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.