July Exports Rise by $2.04
bn over June, to $37.24 billion, Imports Grow by $8.67 bn to $64.59 billion
India’s
July 2025 Trade Snapshot
·
Exports: $37.24 bn (+7.29% YoY) –
ending 2-month decline.
·
Imports: $64.59 bn (+8.6% YoY) –
driven by crude oil & gold.
·
Trade Deficit: $27.35 bn – 8-month high
(last highest: Nov ’24, $31.77 bn).
April–July
FY26 (Cumulative)
·
Exports: $149.2 bn (+3.07% YoY)
·
Imports: $244.01 bn (+5.36% YoY)
·
Trade Deficit: $94.81 bn
Sectoral
Highlights – Exports (July 2025)
·
Engineering goods: $10.42
bn (+13.75%)
·
Electronics: $3.76 bn (+34%)
·
Gems & Jewellery: $2.4 bn
(+29%)
·
Pharmaceuticals: $2.7 bn (+14%)
·
Chemicals: $2.46 bn (+7.19%)
·
Petroleum products: $4.34
bn (–25%, lower global oil prices)
Imports
(July 2025)
·
Crude oil: $15.57 bn (+7.46%)
·
Gold: $3.93 bn (+13.83%)
Services
Trade
·
July: Exports $31.03 bn vs Imports
$15.40 bn
·
Apr–July FY26: Exports $128.43 bn (↑
from $119.07 bn last year)
Commerce Secretary Sunil Barthwal: India’s
exports are outperforming global trends; government to soon announce an export
promotion mission.
·
The
Cumulative Exports (merchandise & services) during April-July 2025 is
estimated at US$ 277.63 Billion, as compared to US$ 263.83 Billion in
April-July 2024, an estimated growth of 5.23%.
·
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 and 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.
[ABS News Service/16.08.2025]
Snapping a
two-month declining streak, India’s exports rose 7.29% year-on-year to $37.24
billion in July, even as the trade deficit widened to an eight-month high of
$27.35 billion, according to official data released on Thursday. Imports during
the month increased 8.6% to $64.59 billion, led by higher inbound shipments of
crude oil and gold.
The July trade
deficit was the highest since November last year, when the gap stood at $31.77
billion, according to PTI. In April-July 2025-26, exports grew 3.07% to $149.2
billion, while imports rose 5.36% to $244.01 billion, resulting in a four-month
trade deficit of $94.81 billion.
Briefing the
media on the data, commerce secretary Sunil Barthwal said that despite global
economic uncertainties, India’s goods and services exports are performing
strongly. “Exports have grown substantially, much higher than the global
exports growth,” he said, adding that the government will announce its export
promotion mission “very soon”.
Key sectors
that pushed July’s export growth included engineering goods, up 13.75% to
$10.42 billion; electronics, up 34% to $3.76 billion; gems and jewellery, up
29% to $2.4 billion; pharmaceuticals, up 14% to $2.7 billion; and chemicals, up
7.19% to $2.46 billion. Petroleum exports, however, fell 25% to $4.34 billion
due to lower global oil prices.
On the import
side, crude oil shipments rose 7.46% to $15.57 billion, while gold imports
increased 13.83% to $3.93 billion. Services exports in July were estimated at
$31.03 billion compared to $30.60 billion a year earlier, while imports stood
at $15.40 billion.
During
April-July this fiscal, services exports rose to $128.43 billion from $119.07
billion in the same period last year.