What is the growth rate of India’s total exports reaching $634.26 billion in April-December?
Synopsis
Key Takeaways
- Total exports reached $634.26 billion in April-December 2025.
- Growth of 4.33% was achieved despite global challenges.
- Merchandise exports totaled $330.29 billion.
- Service exports estimated at $303.97 billion.
- Non-petroleum exports grew by 5.51%.
New Delhi, Jan 15 (NationPress) India's overall exports for the first nine months of this fiscal year (April-December) are projected at $634.26 billion, reflecting an increase of 4.33 percent compared to $607.93 billion in the same period of 2024. This growth persists despite challenges like US tariffs and geopolitical tensions, according to government data released on Thursday.
For December, India's total exports (including both merchandise and services) are estimated at $74.01 billion. Specifically, merchandise exports for December reached $38.51 billion, up from $37.80 billion in December 2024, as per the Ministry of Commerce and Industry's figures.
The total value of merchandise exports from April to December 2025 was $330.29 billion, which is an increase from $322.41 billion during the same period in 2024, marking a growth of 2.44 percent.
In addition, service exports for the same period in 2025 are estimated at $303.97 billion, compared to $285.53 billion in 2024, while service imports are estimated at $152.23 billion against $150.01 billion in 2024.
The non-petroleum exports from April to December 2025 totaled $288.16 billion, showing a rise of 5.51 percent from $273.12 billion in 2024.
Key contributors to the growth in merchandise exports for December 2025 include sectors such as electronic goods, meat, dairy and poultry products, pharmaceuticals, engineering goods, and marine products.
Exports of electronic goods surged by 16.78 percent, increasing from $3.57 billion in December 2024 to $4.17 billion in December 2025. Additionally, exports of meat, dairy, and poultry products grew by 30.16 percent, from $0.51 billion in December 2024 to $0.66 billion in December 2025.
Engineering goods exports rose by 1.28 percent, increasing from $10.84 billion in December 2024 to $10.98 billion in December 2025. Similarly, marine product exports increased by 11.73 percent, from $0.72 billion to $0.81 billion during the same period.