India’s Exports Grow 6% in Q1 FY2025, Trade Deficit Narrows as Imports Dip
India’s total exports surged by 6% in the first quarter of the 2025 financial year, crossing the $210 billion mark, according to the Ministry of Commerce and Industry. This growth reflects the country’s economic resilience amid ongoing global uncertainties, with solid performance seen in both goods and services exports.
Strong Year-on-Year Improvement in Export Performance
Commerce and Industry Secretary Sunil Barthwal, speaking at a press conference in New Delhi, emphasized the notable improvement compared to the same quarter last year. He credited the growth to rising demand in major global markets and proactive government support through export-friendly policies.
Imports Fall in June, Contributing to Trade Deficit Reduction
In June 2025, India’s imports fell by 3.71%, dropping to $53.92 billion from $56 billion in June 2024. This dip in imports played a key role in reducing the country’s trade deficit slightly, offering a more favorable trade balance.
June Export Figures Show Continued Strength
India’s overall exports for June—including both goods and services—rose to $67.98 billion, up from $63.83 billion a year earlier. Pharmaceuticals, electronics, and IT services were among the top-performing sectors, helping to sustain export momentum despite global headwinds.
Trade Deficit Remains Manageable
India’s trade deficit in June stood at $18.78 billion, indicating a stable and manageable gap between imports and exports.
Outlook Positive Amid Global Shifts
The Commerce Ministry expressed confidence in maintaining this export momentum through the coming quarters, citing ongoing developments in global supply chains and the formation of new trade agreements.
Get Latest News Live on MTIMES along with Breaking News and Top Headlines, Political News and around The World.
You May Like
Trending Searches Today |
PM Modi Sets $20 Billion Trade Target with Brazil by 2030
“India Struck Pakistan Hard and Smart”: Tharoor Praises Operation Sindoor in the US
Honeymoon Turns Tragic: Wife Sonam Arrested for Plotting Husband Murder, Meghalaya
Bridge Collapse in Vadodara: 10 Dead, Several Injured, Rescue Operations Underway
Shubhanshu Shukla to PM Modi from Space: “16 Sunrises, 16 Sunsets – Earth Has No Borders”
NEET-PG 2025 to Be Held on August 3: Supreme Court Allows NBE Extension, Denies Further Delay
- India’s 1st 7+ Gen 3 Flagship Chipset 1.5M + AnTuTu Score,According to Qualcomm’s official data, compared with Snapdrago…
- Top Battery Duo 50% Charge in 10 mins for 1-Day Use 5500mAh+120W Gallium Nitride Charger More compact in size for easy p…
- India’s Largest Cooling System For your coolest gaming experience,To improve user thermal experience, efforts have been …
- MULTIFUNCTIONAL KIDS NIGHT LIGHT: This night lamp Constructed with the removable white dome, you can make this kid light…
- 8 MODELS: This night light for bedroom have 3 Buttons to control. Button A: ON/OFF; Button B: Color Changing (There are …
- DURABLE AND BABY SAFE: This Light projector Made with the safety of children in mind, sturdily constructed and provides …
- Powered by MediaTek Dimensity 8400 MAX for blazing-fast performance and next-gen efficiency. Most Intelligent Chipset Po…
- Ultimate battery combo: 7000mAh + 120W fast charging to keep you going without limits.
- AI-enhanced 4K 60FPS Travel Camera for ultra-smooth, cinematic video capture anywhere.
