Published on Apr 16, 2025
Current Affairs
India’s total exports of goods and services rose by 5.5%
India’s total exports of goods and services rose by 5.5%

♦ India’s total exports of goods and services rose by 5.5% to a record $820.93 billion in the financial year 2024-25, compared to $773 billion in the previous year (2023-24).

♦ Merchandise exports stood at $437.4 billion, while non-petroleum exports registered a 6% year-on-year increase, reaching $374.08 billion in FY25.

♦ However, India’s trade deficit widened to $21.54 billion in 2025 March, up from $14.05 billion in 2025 February, according to data from the Ministry of Commerce and Industry.

♦ Compared to February, exports in March jumped 13.75%, while imports grew 24.6%.