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India's Exports Surge to $634B, Defying Global Headwinds with 4.33% Growth

India's total exports for the first nine months of the fiscal year 2024-25 reached $634.26 billion, marking a 4.33% growth year-on-year. This positive performance comes despite facing global trade headwinds like US tariffs and geopolitical tensions. Merchandise exports grew by 2.44% to $330.29 billion, while service exports saw a more significant rise to $303.97 billion. Key growth drivers in December included electronic goods, pharmaceuticals, and marine products.

Key Points: India's Exports Hit $634.26 Billion, Grow 4.33% in April-Dec

  • Exports reach $634.26B in Apr-Dec
  • Merchandise exports grow 2.44% to $330.29B
  • Service exports jump to $303.97B
  • Electronics exports surge 16.78% in Dec
2 min read

India's total exports clock 4.33 pc growth at $634.26 billion in April-Dec

India's total exports reach $634.26 billion in Apr-Dec FY25, showing 4.33% growth despite global challenges. Key drivers include electronics and pharmaceuticals.

India's total exports clock 4.33 pc growth at $634.26 billion in April-Dec
"registering a positive growth of 4.33 per cent - Ministry of Commerce and Industry data"

New Delhi, Jan 15

India's total exports during the nine months this fiscal is estimated at $634.26 billion, registering a positive growth of 4.33 per cent compared to $607.93 billion in April-December 2024, despite US tariffs and geo-political uncertainties, the government data showed on Thursday.

India's total exports (merchandise and services combined) for December is estimated at $74.01 billion. Merchandise exports during December were $38.51 billion as compared to $37.80 billion in December 2024, according to Ministry of Commerce and Industry data.

As per the official data, the cumulative value of merchandise exports during April-December 2025 was $330.29 billion, as compared to $322.41 billion during April-December 2024, registering a positive growth of 2.44 per cent.

Meanwhile, the estimated value of service exports during April-December 2025 is $303.97 billion as compared to $285.53 billion in April-December 2024. The estimated value of service imports during April-December 2025 is $152.23 billion as compared to $150.01 billion in April-December 2024.

Also, the cumulative non-petroleum exports in April-December 2025 was valued at $288.16 billion, registering an increase of 5.51 per cent as compared to $273.12 billion in the April-December 2024 period.

Major drivers of merchandise exports growth in December 2025 include electronic goods, meat, dairy and poultry products, drugs and pharmaceuticals, engineering goods and marine products.

While electronic goods exports increased by 16.78 per cent -- from $3.57 billion in December 2024 to $4.17 billion in December 2025, meat, dairy and poultry products exports increased by 30.16 per cent -- from $0.51 billion in December 2024 to $0.66 billion in December 2025.

Engineering goods exports increased by 1.28 per cent from $10.84 billion in December 2024 to $10.98 billion in December 2025. Marine Products exports increased by 11.73 per cent from $0.72 billion in December 2024 to $0.81 billion in December 2025, as per the data.

- IANS

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Reader Comments

P
Priya S
Electronic goods up by nearly 17%! This is the real success story. Shows our push for 'Make in India' and becoming a tech manufacturing hub is working. Hope this creates more jobs in the sector.
R
Rohit P
Good numbers, but we must be cautious. The merchandise export growth is only 2.44%, which is quite modest. Service exports are carrying the bulk of the growth. Need to boost our goods exports more aggressively.
S
Sarah B
As someone working in the IT services sector, it's great to see service exports crossing $300 billion. It's a testament to the skill of Indian professionals. The trade surplus in services is massive!
M
Meera T
The 30% jump in meat, dairy, and poultry exports is surprising and wonderful! It means our agricultural and animal husbandry products are meeting global quality standards. This can really help our rural economy.
V
Vikram M
Positive growth despite global headwinds is commendable. However, I wish the article broke down which countries we are exporting to. Are we becoming less dependent on traditional markets? That's the key question.
D
David E
Engineering goods growth at just 1.28% is a bit disappointing, considering it's a major sector. Maybe global infrastructure slowdown is affecting it. Hopefully, the new year brings

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