New Delhi: India’s total exports recorded a growth of 4.33 per cent during the first nine months of the current financial year (April–December), reaching an estimated $634.26 billion, compared to $607.93 billion in the same period last year, according to government data released on Thursday. The growth was achieved despite challenges such as US tariffs and ongoing geopolitical uncertainties.
Total exports—comprising merchandise and services—stood at an estimated $74.01 billion in December alone. Merchandise exports for the month were valued at $38.51 billion, up from $37.80 billion in December 2024, as per data from the Ministry of Commerce and Industry.
Cumulatively, merchandise exports during April–December 2025 amounted to $330.29 billion, compared to $322.41 billion in the corresponding period of the previous fiscal, reflecting a growth of 2.44 per cent.
Service exports continued to show strong performance, with estimated earnings of $303.97 billion during April–December 2025, up from $285.53 billion a year earlier. Service imports during the same period were estimated at $152.23 billion, marginally higher than $150.01 billion in April–December 2024.
Non-petroleum exports also registered robust growth, with cumulative exports valued at $288.16 billion during April–December 2025, marking an increase of 5.51 per cent over $273.12 billion recorded in the corresponding period last year.
Key contributors to merchandise export growth in December 2025 included electronic goods, meat, dairy and poultry products, drugs and pharmaceuticals, engineering goods, and marine products.
Electronic goods exports rose sharply by 16.78 per cent, increasing from $3.57 billion in December 2024 to $4.17 billion in December 2025. Exports of meat, dairy and poultry products surged by 30.16 per cent, climbing from $0.51 billion to $0.66 billion during the same period.
Engineering goods exports saw a modest rise of 1.28 per cent, reaching $10.98 billion in December 2025 compared to $10.84 billion a year earlier. Marine product exports also grew by 11.73 per cent, increasing from $0.72 billion in December 2024 to $0.81 billion in December 2025, according to official data.
With inputs from IANS