What Factors Contributed to India's 6.5% Growth in Exports for June?
Synopsis
Key Takeaways
- India's exports reached $67.98 billion in June 2025.
- Exports grew by 6.5% compared to June 2024.
- Key sectors contributing to growth include electronics and pharmaceuticals.
- Merchandise exports in June totaled $35.14 billion.
- Top export destinations include the US and China.
New Delhi, July 15 (NationPress) India’s overall exports of goods and services for June 2025 reached $67.98 billion, experiencing a robust growth of 6.5 percent compared to the same month last year, as reported by the Ministry of Commerce and Industry on Tuesday.
In June, total imports of goods and services saw a slight rise of 0.5 percent to $71.50 billion when compared to June 2024.
For the quarter from April to June 2025, India’s total exports are estimated at $210.31 billion, reflecting a healthy growth of 5.94 percent from the same quarter last year, while total imports during this period increased 4.38 percent to $230.62 billion.
Merchandise exports for June 2025 were estimated at $35.14 billion, slightly down from $35.16 billion in June 2024.
Key contributors to the growth in merchandise exports for June include electronic goods, drugs & pharmaceuticals, engineering goods, marine products, as well as meat, dairy, and poultry products.
Exports of electronic goods surged by 46.93 percent, from $2.82 billion in June last year to $4.15 billion in June 2025.
Exports of drugs and pharmaceuticals grew by 5.95 percent, rising from $2.47 billion to $2.62 billion. Engineering goods exports also saw an increase of 1.35 percent, moving from $9.38 billion in June last year to $9.50 billion this June.
Exports of marine products climbed by 13.33 percent, from $0.56 billion to $0.63 billion. Additionally, the export of meat, dairy, and poultry products rose by 19.7 percent, from $0.31 billion to $0.37 billion in June 2025.
The cumulative data indicates that overall exports (goods & services) for the April to June quarter of 2025 achieved a growth of 5.94 percent, totaling $210.31 billion, compared to $198.52 billion in the same period the previous year.
In the same quarter, the total value of merchandise exports was $112.17 billion, a modest increase from $110.06 billion in the previous year, marking a growth of 1.92 percent.
According to official statements, the top five export destinations in terms of growth in June 2025 compared to June 2024 were the US (23.53 percent), China (17.18 percent), Kenya (76.2 percent), France (21.78 percent), and Brazil (23.02 percent).
In the April to June quarter of 2025, the top five export destinations demonstrating positive growth compared to the same quarter of the prior year were the US (22.18 percent), China (17.87 percent), Kenya (69.83 percent), Germany (10.79 percent), and Australia (14.01 percent).