How Did India's Total Exports Surge 15.5% to $73.99 Billion in November?
Synopsis
Key Takeaways
- India's November exports reached $73.99 billion.
- 15.52% growth year-on-year.
- Top export destinations include the US and China.
- Engineering and electronic goods led the growth.
- Imports fell by 0.60% during the same month.
New Delhi, Dec 15 (NationPress) India's overall exports, which include both merchandise and services, experienced a remarkable growth of 15.52 percent year-on-year, reaching $73.99 billion in November, according to data released by the government on Monday.
The total exports recorded from April to November for this fiscal year stand at $562.13 billion, marking a growth of 5.43 percent compared to $533.16 billion during the same period in 2024, as indicated by the Commerce Ministry.
The top five export markets showing significant growth in November 2025 include the US (22.61 percent), China (90.12 percent), Spain (181.33 percent), the UAE (13.16 percent), and Tanzania (126.36 percent).
Total imports for November are estimated at $80.63 billion, reflecting a slight decline of -0.60 percent compared to November 2024.
The cumulative merchandise exports from April to November 2025 amounted to $292.07 billion, compared to $284.60 billion during the same period in 2024, indicating a growth of 2.62 percent.
Significantly, non-petroleum exports during the April-November timeframe were valued at $254.08 billion, which is an increase of 5.86 percent from $240.02 billion in April-November 2024.
Key contributors to merchandise export growth in November include engineering goods, electronic goods, gems and jewellery, drugs and pharmaceuticals, and petroleum products.
Engineering goods exports surged by 23.76 percent, rising from $8.90 billion in November 2024 to $11.01 billion in November 2025.
Exports of electronic goods saw an increase of 38.96 percent, from $3.46 billion in November 2024 to $4.81 billion in November 2025. Gems and jewellery exports rose by 27.80 percent, from $2.07 billion to $2.64 billion.
Additionally, exports in drugs and pharmaceuticals grew by 20.91 percent, increasing from $2.16 billion to $2.61 billion last month. Petroleum product exports also rose by 11.65 percent, from $3.52 billion to $3.93 billion in November 2025, as per the data.