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The cumulative exports (merchandise & services) during April-July 2025 is estimated at US$ 277.63 Billion, as compared to US$ 263.83 Billion in April-July 2024, an estimated growth of 5.23%.
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....he cumulative exports (merchandise & services) during April-July 2025 is estimated at US$ 277.63 Billion, as compared to US$ 263.83 Billion in April-July 2024, an estimated growth of 5.23%. <br>Customs, DGFT & SEZ<br>Dated:- 18-8-2025<br><BR>The cumulative value of merchandise exports during April-July 2025 was US$ 149.20 Billion, as compared to US$ 144.76 Billion during April-July 2024, registering a positive growth of 3.07%. The cumulative Non-Petroleum exports in April-July 2025 valued at US$ 127.46 Billion registered an increase of 7.70% as compared to US$ 118.34 Billion in April-July 2024. Major drivers of merchandise exports growth in July 2025 include Engineering Goods, Electronic Goods, Gems & Jewellery, Drugs & Pharmaceuticals an....
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....d Organic & Inorganic Chemicals Engineering Goods exports increased by 13.75% from US$ 9.17 Billion in July 2024 to US$ 10.43 Billion in July 2025. Electronic Goods exports increased by 33.89% from US$ 2.81 Billion in July 2024 to US$ 3.77 Billion in July 2025. Gems & Jewellery exports increased by 28.95% from US$ 1.85 Billion in July 2024 to US$ 2.39 Billion in July 2025. Drugs & Pharmaceuticals exports increased by 14.06% from US$ 2.33 Billion in July 2024 to US$ 2.66 Billion in July 2025. Organic & Inorganic Chemicals exports increased by 7.19% from US$ 2.30 Billion in July 2024 to US$ 2.47 Billion in July 2025. * India's total exports (Merchandise and Services combined) for July 2025* is estimated at US$ 68.27 Billion, register....
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....ing a positive growth of 4.52 percent vis-à-vis July 2024. Total imports (Merchandise and Services combined) for July 2025* is estimated at US$ 79.99 Billion, registering a positive growth of 6.07 percent vis-à-vis July 2024. Table 1: Trade during July 2025* July 2025 (US$ Billion) July 2024 (US$ Billion) Merchandise Exports 37.24 34.71 Imports 64.59 59.48 Services* Exports 31.03 30.60 Imports 15.40 15.94 Total Trade (Merchandise +Services) * Exports 68.27 65.31 Imports 79.99 75.41 Trade Balance -11.72 -10.10 * Note: The latest data for services sector released by RBI is for June 2025. The data for July 2025 is an estimation, which will be revised based on RBI's subsequent release....
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..... Fig 1: Total Trade during July 2025* * India's total exports during April-July 2025* is estimated at US$ 277.63 Billion registering a positive growth of 5.23 percent. Total imports during April-July 2025* is estimated at US$ 308.91 Billion registering a growth of 4.25 percent. Table 2: Trade during April-July 2025* April-July 2025 (US$ Billion) April-July 2024 (US$ Billion) Merchandise Exports 149.20 144.76 Imports 244.01 231.59 Services* Exports 128.43 119.07 Imports 64.90 64.72 Total Trade (Merchandise +Services) * Exports 277.63 263.83 Imports 308.91 296.32 Trade Balance -31.28 -32.48 Fig 2: Total Trade during April-July 2025*  ....
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....; MERCHANDISE TRADE * Merchandise exports during July 2025 were US$ 37.24 Billion as compared to US$ 34.71 Billion in July 2024. * Merchandise imports during July 2025 were US$ 64.59 Billion as compared to US$ 59.48 Billion in July 2024. Fig 3: Merchandise Trade during July 2025 * Merchandise exports during April-July 2025 were US$ 149.20 Billion as compared to US$ 144.76 Billion during April-July 2024. * Merchandise imports during April-July 2025 were US$ 244.01 Billion as compared to US$ 231.59 Billion during April-July 2024. * Merchandise trade deficit during April-July 2025 was US$ 94.80 Billion as compared to US$ 86.83 Billion during April-July 2024. Fig 4: Merchandise Trade during April-July 2025 * Non-petro....
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....leum and non-gems & jewellery exports in July 2025 were US$ 30.51 Billion compared to US$ 27.06 Billion in July 2024. * Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in July 2025 were US$ 42.79 Billion compared to US$ 40.04 Billion in July 2024. Table 3: Trade excluding Petroleum and Gems & Jewellery during July 2025 July 2025 (US$ Billion) July 2024 (US$ Billion) Non- petroleum exports 32.90 28.92 Non- petroleum imports 49.01 44.98 Non-petroleum & Non-Gems & Jewellery exports 30.51 27.06 Non-petroleum & Non-Gems & Jewellery imports 42.79 40.04 Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 5: Trade excluding Petroleum and Gems &....
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.... Jewellery during July 2025 * Non-petroleum and non-gems & jewellery exports in April-July 2025 were US$ 118.40 Billion, compared to US$ 109.22 Billion in April-July 2024. * Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-July 2025 were US$ 159.80 Billion, compared to US$ 146.61 Billion in April-July 2024. Table 4: Trade excluding Petroleum and Gems & Jewellery during April-July 2025 April-July 2025 (US$ Billion) April-July 2024 (US$ Billion) Non- petroleum exports 127.46 118.34 Non- petroleum imports 179.18 165.57 Non-petroleum & Non Gems & Jewellery exports 118.40 109.22 Non-petroleum & Non Gems & Jewellery imports 159.80 146.61 Note: Gems & Jewellery Imports ....
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....include Gold, Silver & Pearls, precious & Semi-precious stones Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-July 2025 SERVICES TRADE * The estimated value of services export for July 2025* is US$ 31.03 Billion as compared to US$ 30.60 Billion in July 2024. * The estimated value of services imports for July 2025* is US$ 15.40 Billion as compared to US$ 15.94 Billion in July 2024. Fig 7: Services Trade during July 2025* * The estimated value of service exports during April-July 2025* is US$ 128.43 Billion as compared to US$ 119.07 Billion in April-July 2024. * The estimated value of service imports during April-July 2025* is US$ 64.90 Billion as compared to US$ 64.72 Billion in April-July 2024. ....
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.... * The services trade surplus for April-July 2025* is US$ 63.53 Billion as compared to US$ 54.34 Billion in April-July 2024. Fig 8: Services Trade during April-July 2025* * Exports of Other Cereals (71.97%), Coffee (67.46%), Electronic Goods (33.89%), Meat, Dairy & Poultry Products (31.19%), Gems & Jewellery (28.95%), Mica, Coal & Other Ores, Minerals Including Processed Minerals (27.11%), Jute Mfg. Including Floor Covering (26.34%), Oil Seeds (22.68%), Tea (18.97%), Cereal Preparations & Miscellaneous Processed Items (14.49%), Drugs & Pharmaceuticals (14.06%), Marine Products (14.02%), Engineering Goods (13.75%), Ceramic Products & Glassware (12.27%), Rice (10.96%), Cashew (10.96%), Handicrafts Excl. Hand Made Carpet (10%), ....
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....Carpet (8.05%), Leather & Leather Products (7.79%), Organic & Inorganic Chemicals (7.19%), Fruits & Vegetables (6.58%), Cotton Yarn/Fabs./Made-Ups, Handloom Products Etc. (5.18%), Rmg Of All Textiles (4.75%), Tobacco (4.51%), Plastic & Linoleum (4.39%), Man-Made Yarn/Fabs./Made-Ups Etc. (4.05%) and Spices (4.01%) record positive growth during July 2025 over the corresponding month of last year. * Imports of Pulses (-51.62%), Leather & Leather Products (-41.1%), Newsprint (-25.73%) and Coal, Coke & Briquettes, Etc. (-20.93%) record negative growth during July 2025 over the corresponding month of last year. * Services exports is estimated to grow by 7.86 percent during April-July 2025* over April-July 2024. * Top 5 export destinati....
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....ons, in terms of change in value, exhibiting positive growth in July 2025 vis a vis July 2024 are U S A (19.94%), U Arab Emts (11.69%), China P Rp (27.39%), Spain (60.12%) and Hong Kong (66.43%). * Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-July 2025 vis a vis April-July 2024 are U S A (21.64%), China P Rp (19.97%), U Arab Emts (4.62%), Kenya (64.05%) and Germany (14.37%). * Top 5 import sources, in terms of change in value, exhibiting growth in July 2025 vis a vis July 2024 are Saudi Arab (41.34%), Hong Kong (45.78%), Ireland (375.56%), Peru (249.3%) and U S A (13.78%). * Top 5 import sources, in terms of change in value, exhibiting growth in April-July 2025 vis a vis April-July 2024 a....
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....re China P Rp (13.06%), U Arab Emts (17.67%), Ireland (302.8%), U S A (12.33%) and Hong Kong (36.87%). *Link for Quick Estimates<BR> News - Press release - PIB....