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India’s total export touches $824.9 billion in fiscal year 2024-25

Economy

India’s total export touches $824.9 billion in fiscal year 2024-25

Q: Q1. What was the estimated total export from India in 2024-25?

Answer: $ 825.01 billion compared to $ 778.13 billion in 2023-24.

Q: Q2. What were India's total imports in 2024-25?

Answer: $ 918.93 billion. The total deficit was $ 93.92 billion.

Q: Q3. What was the total merchandise export from India in 2024-25?

Answer: $ 437.42 billion compared to $ 437.07 billion in 2023-24

Q: Q4. What was the service sector export from India in 2024-25?

Answer: $387.59 billion, compared to $ 341.06 billion in 2023-24.

Utkarsh Classes

Updated: 16 Apr 2025

3 Min Read

India’s total export touches $824.9 billion in fiscal year 2024-25

The total export from India, including the merchandise and service sectors, for the fiscal year 2024-25 was $824.9 billion, a growth rate of 6.01%.In 2023-24, the total export from India was $778.13 billion.

The latest data released by the Union Ministry of Commerce and Industry on 2 May 2025 includes the latest service sector export data released by the Reserve Bank of India for the month of March 2025.

The total import in 2024-25 was $918.93 billion, and the trade deficit for the period was $93.92 billion.

Trade Data of March 2025

The total export during March 2025- $ 77.57 billion

Merchandise export (goods)-$41.97 billion
Service export- $35.6 billion

Total import during March 2025- $ 80.98 billion

Merchandise import (goods)- $63.51 billion
Service import- $ 17.47 billion

Total deficit in March 2025 -$3.41 billion

Trade Data for 2024-25

The following is the figure for exports and imports for 2024-25. The figures for 2023-24 are given in the brackets.

	Export ( export figure of 2023-24 in bracket )	Import (import figure for 2023-24 in bracket)	Deficit(-)/Surplus (+) (figure of 2023-24 in bracket)
Merchandise	$ 437.42 billion ($ 437.07 billion)	$ 720.24 billion ( $ 678.21)	-$ 282.82 billion (-$241.14 billion)
Service	$387.59 billion ($ 341.06 billion)	$198.69 billion ($178.31 billion)	+$ 188.81 billion (+ $162.75 billion)
Total	$ 825.01 billion($ 778.13 billion )	$ 918.93 billion ($ 856.52 billion)	- $ 93.92 billion (- 78.39 billion )

Trade data excluding Petroleum and Gems & Jewellery during

The following are the data regarding the export and import excluding petroleum and Gems and Jewellery.

	2024-25	2023-24
Non-petroleum exports	$374.08 billion	$ 352.92 billion
Non-petroleum imports	$ 534.46 billion	$ 499.48 billion
Non-petroleum & Non-Gems & Jewellery exports	$ 344.26 billion	$ 320.21 billion
Non-petroleum & Non-Gems & Jewellery imports	$ 453.62 billion	$ 424.67 billion

Sector-wise percentage growth in export as compared to 2203-24

The sectors in which there has been positive growth during 2024-25 are as follows:

Coffee (40.37%), Tobacco (36.53%), Electronics goods (32.47%), Rice (19.73%), Tea (11.84%), Carpet (10.46%), Drugs and pharmaceuticals (9.39%), Spices (4.78%), Fruits & vegetables (5.67%), Cereal preparations & miscellaneous processed items (8.71%), Marine products (0.45%), Meat, dairy & poultry products (12.57%), Mica, coal & other ores, minerals including processed minerals (6.95%), Leather and leather products (2.06%), engineering goods (6.74%), , Cotton yarn/fabs/makeups etc (3.19%), Man-made/ yarn/Fabs/made ups etc (4.07%), RMG of Textiles (10.03%), Jute Mfg. Including Floor Covering (13.35%) and Plastic & Linoleum (10.23%).

Top 5 export destinations, in terms of change in growth of value