🌍 India’s Total Exports Hit Record $824.9 Billion in FY2024–25

🚀 Growth Driven by Services & Non-Petroleum Merchandise Trade

📅 As per RBI & PIB Report | Posted on 2nd May 2025

📈 Key Highlights at a Glance

🔹 Total Exports (FY25):

💰 US$824.9 Billion – 📊 6.01% YoY growth

📅 From US$778.1 Billion in FY24

🔹 Services Exports (FY25):

💼 US$387.5 Billion – 🚀 +13.6% YoY

📌 Historic high from US$341.1 Billion in FY24

🔹 March 2025 Services Data:

📦 US$35.6 Billion – 📈 +18.6% YoY

⬆️ From US$30.0 Billion in March 2024

🔹 Merchandise Exports (Excluding Petroleum):

📦 US$374.1 Billion – ✅ +6.0% YoY

📍 Up from US$352.9 Billion in FY24

📌 Highest ever non-petroleum export level

🔍 Sectoral Breakdown & Strategic Insights

🧠 Services – The Engine of Export Growth

✅ IT, fintech, consulting, and digital services played a pivotal role

🌐 Global digital transformation trends have supported higher demand

📈 Double-digit growth continues for the second consecutive year

📦 Merchandise – Diversifying Beyond Petroleum

📌 Strong export momentum in sectors like:

🔧 Engineering goods

🧪 Pharmaceuticals

👗 Textiles

📱 Electronics

✅ Diversification efforts yielding long-term gains

📌 Policy Signals & Economic Implications

🔸 Trade Policy Resilience: India’s strategic focus on services and value-added exports is reducing vulnerability to oil price volatility.

🔸 Export Diversification: Growing contribution from non-petroleum segments reflects a maturing export base.

🔸 Digital India Boost: Rising global demand for Indian services underlines India’s growing strength in knowledge-based exports.

🔮 Outlook: FY26 & Beyond

🌟 India is on track to surpass the US$900 Billion export milestone by FY26

📈 Strength in services, tech, and manufacturing will drive momentum

🛡️ Continued focus on trade agreements, ease of doing business, and PLI schemes will be crucial

🧾 Disclosure

This blog is intended for informational and educational purposes only. Investors are advised to conduct independent research and consult financial professionals before making any investment decisions.