India’s Exports Rise to US$ 149.20 Billion in April–July 2025, Non-Petroleum Shipments Up 7.7%

New Delhi, August 14: India’s merchandise and services exports have shown strong performance in the first four months of fiscal 2025–26, growing across all key sectors.

• Merchandise exports during April–July 2025 stood at US$ 149.20 billion, up 3.07% from US$ 144.76 billion during the same period in 2024.
  
• Non-petroleum exports surged 7.70%, rising from US$ 118.34 billion to US$ 127.46 billion, signalling a shift toward higher-value and less volatile export segments.

July 2025 Monthly Snapshot

• Merchandise exports reached US$ 37.24 billion, an increase from US$ 34.71 billion in July 2024.
• Services exports rose to US$ 31.03 billion, up from US$ 30.60 billion.
• Combined exports (merchandise + services) for July 2025 were estimated at US$ 68.27 billion, marking a 4.52% year-on-year growth.
• On the imports front, total trade (merchandise + services) stood at US$ 79.99 billion, up 6.07% from the previous year.

What This Means

• The upward trend in non-petroleum exports reflects India’s expanding focus on high-value sectors—such as pharmaceuticals, gems, and electronics—that are less susceptible to global price fluctuations.
• Consistent growth in both merchandise and services exports denotes robust demand for Indian goods and services worldwide, even as imports rise at a faster pace, highlighting persistent trade deficits.