India's exports of goods & services post 9.7 per cent rise in January
India’s total exports of both merchandise and services for January 2025 are estimated at $74.97 billion, registering a growth of 9.72 per cent vis-a-vis January 2024
- NEW DELHI — India’s
total exports of both merchandise and services for January 2025 are estimated
at $74.97 billion, registering a growth of 9.72 per cent vis-a-vis January
2024, according to a statement issued by the Commerce and Industry Ministry on
Monday.
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- The country’s merchandise exports during January 2025 were
$36.43 billion as compared to $37.32 billion in January 2024.
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- However, non-petroleum merchandise exports in January 2025
were valued at $32.86 billion, registering an increase of 14.47 per cent as
compared to $28.71 billion in January 2024.
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- The major drivers of merchandise export growth in January
2025 include electronic goods, engineering goods, drugs &
pharmaceuticals, rice, and gems & jewellery.
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- Electronic goods exports jumped by a robust 78.97 per cent
from $2.29 billion in January 2024 to $4.11 billion in January 2025 while
engineering goods exports increased by 7.44 per cent from $8.77 billion to
$9.42 billion during the month.
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- Drugs & pharmaceuticals exports increased by 21.46
per cent from $2.13 billion in January 2024 to $2.59 billion in January 2025.
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- Rice exports increased by 44.61 per cent from $0.95 billion
in January 2024 to $1.37 billion in January 2025 while gems & jewellery
exports went up by 15.95 per cent from $2.59 billion in January 2024 to $3
billion in January 2025.
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- The estimated value of the country’s services exports for
January 2025 is $38.55 billion as compared to $31.01 billion in January 2024.
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- The country’s total imports (merchandise and services
combined) for January 2025 are estimated at $77.64 billion, registering a
positive growth of 12.98 per cent vis-a-vis January 2024.
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- India’s total exports during April-January 2024-25
(merchandise & services) are estimated at $682.59 billion, registering
a positive growth of 7.21 per cent. Total imports during April-January 2024-25
are estimated at $770.06 billion which represents a growth of 8.96 per cent.
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- The cumulative value of merchandise exports during
April-January 2024-25 was $358.91 billion, as compared to $353.97 billion
during April-January 2023-24, registering a positive growth of 1.39 per cent.
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