India’s total exports of goods and services reached $73.61 billion in March 2025, registering an annual growth of 2.65%, according to data released by the Ministry of Commerce and Industry on Wednesday. At the same time, total imports stood at $77.23 billion for the month, marking a 4.90% year-on-year increase.
The cumulative exports for FY2024-25 (April-March) touched $820.93 billion, reflecting a 5.5% increase compared to $778.13 billion in FY2023-24. The country’s non-petroleum exports also witnessed a healthy growth of 6%, totaling $374.08 billion in FY2024-25, up from $352.92 billion in the previous financial year.
Several product segments emerged as key growth drivers for merchandise exports during the fiscal year. These included electronic goods, coffee, tobacco, rice, jute and related products, meat and poultry items, tea, carpets, pharmaceuticals, textiles, engineering goods, fruits, vegetables, and miscellaneous processed foods.
Electronic goods were a standout performer, with exports jumping 32.47% from $29.12 billion to $38.58 billion. Agricultural commodities also saw notable gains. Coffee exports soared by 40.37% to $1.81 billion, while tobacco exports rose 36.53% to $1.98 billion. Rice exports increased by 19.73% to reach $12.47 billion.
Tea exports saw an 11.84% rise, totaling $0.92 billion. Meat, dairy, and poultry products also saw a growth of 12.57%, reaching $5.1 billion. Readymade garments (RMG) and textiles recorded a combined growth of over 10%, with textile exports alone reaching $15.99 billion.
India’s pharmaceutical sector showed solid performance, with exports rising 9.39% to $30.47 billion, while fruits and vegetables exports grew by 5.67% to $3.87 billion.
The robust growth in exports reflects India’s expanding global trade footprint and highlights the continued momentum in sectors such as electronics, agriculture, and pharmaceuticals.