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    <title>The cumulative exports (merchandise &amp; services) during FY 2024-25 (April-March) is estimated to grow by 5.50% at US$ 820.93 Billion, as compared to US$ 778.13 Billion in FY 2023-24 (April-March)</title>
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    <description>Combined merchandise and services exports increased during the fiscal year, driven primarily by strong services receipts and selective merchandise gains; merchandise imports rose faster, enlarging the merchandise and overall trade deficit. Non petroleum exports grew notably, with Electronic Goods, Engineering Goods, Drugs &amp; Pharmaceuticals and several agricultural and processed food items among the principal contributors. Services trade produced a significant surplus that partly offset the widened merchandise deficit. Monthly services figures noted are provisional pending central bank data revisions.</description>
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      <description>Combined merchandise and services exports increased during the fiscal year, driven primarily by strong services receipts and selective merchandise gains; merchandise imports rose faster, enlarging the merchandise and overall trade deficit. Non petroleum exports grew notably, with Electronic Goods, Engineering Goods, Drugs &amp; Pharmaceuticals and several agricultural and processed food items among the principal contributors. Services trade produced a significant surplus that partly offset the widened merchandise deficit. Monthly services figures noted are provisional pending central bank data revisions.</description>
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