New Delhi, Oct 15 (NationPress) In spite of global uncertainties, the total estimated exports (both merchandise and services) for the period of April to September 2025 have reached $413.30 billion, marking an increase from $395.71 billion during the same period in 2024 — indicating a growth rate of 4.45 percent, as revealed by official statistics on Wednesday.

During this same timeframe, total imports are estimated at $472.79 billion, reflecting a growth of 3.55 percent, according to data disseminated by the Ministry of Commerce and Industry.

For September specifically, India's total exports (including merchandise and services) are estimated to be $67.20 billion, showcasing a slight growth of 0.78 percent compared to September 2024.

Key contributors to the growth in merchandise exports for September include Electronic Goods, Petroleum Products, Engineering Goods, Rice, Marine Products, and Drugs and Pharmaceuticals.

The export of electronic goods surged by 50.54 percent, rising from $2.07 billion in September 2024 to $3.12 billion in September 2025. Exports of petroleum products also increased by 15.22 percent, going from $4.30 billion in September 2024 to $4.96 billion in the same month.

Engineering goods witnessed a growth of 2.93 percent, from $9.83 billion in September 2024 to $10.11 billion in September 2025, while rice exports grew by 33.18 percent, increasing from $0.69 billion to $0.92 billion.

Marine products exports escalated by 23.44 percent, moving from $0.63 billion in September 2024 to $0.78 billion last month, and drugs and pharmaceuticals saw a 2.56 percent increase — from $2.56 billion in September 2024 to $2.62 billion in September 2025.

The estimated value of services exports for September stands at $30.82 billion, compared to $32.60 billion in September 2024.

The Department of Commerce has acknowledged the latest growth forecasts for India as outlined in the October 2025 update of the International Monetary Fund’s World Economic Outlook (WEO).

India’s GDP growth is now forecasted to hit 6.6 percent in 2025, followed by 6.2 percent in 2026. This represents a positive adjustment for 2025 when compared to the July WEO update, driven by robust performance in the first quarter of the fiscal year.

India remains a beacon in the global economic landscape, and the Department of Commerce will collaborate closely with key stakeholders to maintain this positive trajectory while ensuring inclusive and sustainable growth.