Have India’s merchandise and services exports really increased by 4.84% to $491.8 billion in April-October?
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Synopsis
India's export sector shows promising growth, with total merchandise and services exports increasing to $491.80 billion in April-October 2025. Explore how this growth reflects on various sectors and key export destinations.
Key Takeaways
- Total exports for April-October 2025 estimated at $491.80 billion.
- Growth of 4.84 percent compared to the previous year.
- Merchandise exports reached $254.25 billion.
- Non-petroleum exports increased by 3.92 percent.
- Top sectors driving growth include electronics, meat, and dairy products.
New Delhi, Nov 17 (NationPress) The government announced on Monday that the total exports (both merchandise and services) for the period of April to October 2025 in the current fiscal year (FY26) are projected at $491.80 billion, reflecting a growth of 4.84 percent compared to $469.11 billion during the same period in the previous fiscal year (FY25).
The total value of merchandise exports for April-October 2025 reached $254.25 billion, slightly up from $252.66 billion in the same period of 2024, marking a modest growth of 0.63 percent.
Non-petroleum merchandise exports during April-October amounted to $219.90 billion, indicating an increase of 3.92 percent over $211.60 billion in April-October 2024, as reported by the Ministry of Commerce and Industry.
Key contributors to the surge in merchandise exports in October include electronic goods, meat, dairy and poultry products, marine products, cashew, and coffee.
Specifically, electronic goods exports soared by 19.05 percent, moving from $3.43 billion in October 2024 to $4.08 billion in October 2025. Furthermore, exports of meat, dairy, and poultry products rose by 30.87 percent from $0.45 billion to $0.58 billion.
Marine product exports climbed by 11.08 percent, increasing from $0.81 billion in October 2024 to $0.90 billion in October 2025. Additionally, cashew exports saw a staggering growth of 126.85 percent, advancing from $0.03 billion to $0.06 billion.
Moreover, coffee exports experienced a rise of 10.91 percent, growing from $0.12 billion to $0.13 billion.
India's total exports (combining merchandise and services) for October reached $72.89 billion. In comparison, total imports (merchandise and services) for October 2025 are estimated at $94.70 billion, showcasing a positive growth of 14.87 percent compared to October 2024.
The estimated value of service imports from April to October 2025 stood at $118.87 billion, up from $114.96 billion in the same timeframe last year.
The services trade surplus for the period of April to October 2025 is recorded at $118.68 billion, compared to $101.49 billion for the same period in 2024.
Key export destinations showcasing growth in October 2025 include China (42.35 percent), Spain (43.43 percent), Sri Lanka (29.02 percent), Vietnam (21.42 percent), and Tanzania (17.92 percent), according to the released data.
Point of View
The increase in exports signifies a robust recovery in various sectors of the economy. The growth in key areas like electronics and food products indicates not only resilience but also the potential for further expansion in international markets. This aligns with India's vision of becoming a global trade powerhouse.
NationPress
17/11/2025
Frequently Asked Questions
What is the total export figure for India from April to October 2025?
India's total exports for the period of April to October 2025 are estimated at $491.80 billion.
Which sectors contributed to the growth in merchandise exports?
Key sectors contributing to the growth include electronic goods, meat, dairy and poultry products, marine products, cashew, and coffee.
How much did the non-petroleum merchandise exports grow?
Non-petroleum merchandise exports grew by 3.92 percent, reaching $219.90 billion.
What was the trade surplus in services during April-October 2025?
The services trade surplus for this period is recorded at $118.68 billion.
Which countries are the top five export destinations showing growth?
The top five export destinations showing positive growth include China, Spain, Sri Lanka, Vietnam, and Tanzania.
