Business Economy


Total exports from India rise 6.24 pc to USD 750.53 billion

New Delhi, March 17 (UNI) India's cumulative exports (merchandise and services) during the April-February period of 2024-25 grew 6.24% year-on-year to USD 750.53 billion as compared to USD 706.43 billion in the corresponding period of the previous financial year, as per official data released on Monday.
The cumulative value of merchandise exports during April-February 2024-25 was USD 395.63 billion, as compared to USD 395.38 billion during April-February 2023-24, registering a positive growth of 0.06%.
The cumulative non-petroleum exports in April-February 2024-25 valued at USD 337.01 billion registered an increase of 6.43% as compared to USD 316.64 billion in April-February 2023-24.
Merchandise exports during February 2025 were USD 36.91 billion as compared to USD 41.41 billion in February 2024.
"Major drivers of merchandise exports growth in February 2025 include electronic goods, rice, mica, coal & other ores, minerals including processed minerals, RMG of all textiles and coffee," said Ministry of Commerce and Industry in its press release.
As per the release, electronic goods exports increased by 26.46% from USD 3 billion in February 2024 to USD 3.79 billion in February 2025. RMG of all textiles exports increased by 3.97 % from USD 1.48 billion in February 2024 to USD 1.53 billion in February 2025.
India’s total exports (merchandise and services combined) for February 2025 is estimated at USD 71.95 billion, registering a positive growth of 3.16% vis-à-vis February 2024. Total imports (merchandise and services combined) for February 2025 is estimated at USD 67.52 billion, registering a negative growth of (-)11.34% vis-à-vis February 2024. UNI NK SSP
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