9911796707
TMI BlogThe cumulative exports (merchandise & services) during April-February2024-25 is estimated at USD 750.53 Billion, as compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24%X X X X Extracts X X X X X X X X Extracts X X X X ..... The cumulative exports (merchandise & services) during April-February2024-25 is estimated at USD 750.53 Billion, as compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24% X X X X Extracts X X X X X X X X Extracts X X X X ..... er Ores, Minerals including processed minerals, RMG of all Textiles and Coffee Electronic Goods exports increased by 26.46% from USD 3 Billion in February 2024 to USD 3.79 Billion in February2025 RMG of all Textiles exports increased by 3.97 % from USD 1.48 Billion in February 2024 to USD 1.53 Billion in February 2025 Rice exports increased by 13.21% from USD 1.05 Billion in February 2024 to USD 1.19 Billion in February2025 Marine products exports increased by 3.40% from USD 0.49 Billion in February 2024 to USD 0.51 Billion in February 2025 Mica, Coal & Other Ores, Minerals including processed minerals exports increased by 24.25% from USD 0.40 Billion in February2024 to USD 0.50 Billion in February 2025 Coffee exports increased by 22. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 32% from USD 0.15 Billion in February2024 to USD 0.18 Billion in February 2025 * India's total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positive growth of 3.16 percent vis-à-vis February2024.Total imports (Merchandise and Services combined) for February2025* is estimated at USD 67.52 Billion, registering a negative growth of (-)11.34 percent vis-à-vis February2024. Table 1: Trade during February2025* February2025 (USD Billion) February2024 (USD Billion) Merchandise Exports 36.91 41.41 Imports 50.96 60.92 Services* Exports 35.03 28.33 Imports 16.55 15.23 Total Trade (Merchandise +Services) * Exports 71.95 69.74 Impor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts 67.52 76.15 Trade Balance 4.43 -6.41 * Note: The latest data for services sector released by RBI is for January2025. The data for February2025 is an estimation, which will be revised based on RBI's subsequent release. (ii) Data for April-February2023-24 and April-September2024 has been revised on pro-rata basis using quarterly balance of payments data. Fig 1: Total Trade during February2025* * India's total exports during April-February2024-25* is estimated at USD 750.53 Billion registering a positive growth of 6.24 percent. Total imports during April-February2024-25* is estimated at USD 839.89 Billion registering a growth of 7.28 percent. Table 2: Trade during April-February2024-25* April-February2024-25 (USD ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Billion) April-February2023-24 (USD Billion) Merchandise Exports 395.63 395.38 Imports 656.68 621.19 Services* Exports 354.90 311.05 Imports 183.21 161.71 Total Trade (Merchandise +Services) * Exports 750.53 706.43 Imports 839.89 782.90 Trade Balance -89.37 -76.47 Fig 2: Total Trade during April-February 2024-25* MERCHANDISE TRADE * Merchandise exports during February2025 were USD 36.91 Billion as compared to USD 41.41 Billion in February2024. * Merchandise imports during February2025 were USD 50.96 Billion as compared to USD 60.92 Billion in February2024. Fig 3: Merchandise Trade during February 2025 * Merchandise export ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s during April-February 2024-25 were USD 395.63 Billion as compared to USD 395.38 Billion during April-February2023-24. * Merchandise imports during April-February2024-25 were USD 656.68 Billion as compared to USD 621.19 Billion during April-February2023-24. * Merchandise trade deficit during April-February 2024-25 was USD 261.06 Billion as compared to USD 225.81 Billion during April-February 2023-24. Fig 4: Merchandise Trade during April-February 2024-25 * Non-petroleum and non-gems & jewellery exports in February2025 were USD 28.57Billion compared to USD 29.99Billion in February2024. * Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in February2025 were USD 35.02Billion compared to USD 33.96Billion in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... February2024. Table 3: Trade excluding Petroleum and Gems & Jewellery during February2025 February2025 (USD Billion) February2024 (USD Billion) Non- petroleum exports 31.10 33.19 Non- petroleum imports 39.07 44.03 Non-petroleum & Non-Gems & Jewellery exports 28.57 29.99 Non-petroleum & Non-Gems & Jewellery imports 35.02 33.96 Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 5: Trade excluding Petroleum and Gems & Jewellery during February2025 * Non-petroleum and non-gems & jewellery exports in April-February2024-25 were USD 310.09 Billion, compared to USD 286.55 Billion in April-February2023-24. * Non-petroleum, non-gems & jewellery (gold, silver & precious met ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... als) imports in April-February2024-25 were USD 415.85 Billion, compared to USD 388.82 Billion in April-February2023-24. Table 4: Trade excluding Petroleum and Gems & Jewellery during April-February2024-25 April-February2024-25 (USD Billion) April-February2023-24 (USD Billion) Non- petroleum exports 337.01 316.64 Non- petroleum imports 489.96 458.80 Non-petroleum &Non Gems& Jewellery exports 310.09 286.55 Non-petroleum & Non Gems & Jewellery imports 415.85 388.82 Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-February2024-25 SERVICES TRADE * The estimated value of services export for February2025* is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... USD 35.03 Billion as compared to USD 28.33Billion in February2024. * The estimated value of services imports for February2025* is USD 16.55 Billion as compared to USD 15.23Billion in February2024. Fig 7: Services Trade during February 2025* * The estimated value of service exports during April-February2024-25* is USD 354.90 Billion as compared to USD 311.05 Billion in April-February2023-24. * The estimated value of service imports during April-February2024-25* is USD 183.21 Billion as compared to USD 161.71 Billion in April-February2023-24. * The services trade surplus for April-February2024-25* is USD 171.69 Billion as compared to USD 149.34 Billion in April-February2023-24. Fig 8: Services Trade during April-February 2024-25* ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... * Exports of Tobacco (26.76%), Electronic Goods (26.46%), Mica, Coal & Other Ores, Minerals Including Processed Minerals (24.25%), Coffee (22.32%), Rice (13.21%), Jute Mfg. Including Floor Covering (12.41%), Other Cereals (11.65%), Meat, Dairy & Poultry Products (6.7%), Carpet (4.87%), Rmg Of All Textiles (3.97%), Marine Products (3.4%), Spices (0.98%) and Fruits & Vegetables (0.87%) record positive growth during February2025 over the corresponding month of last year. * Imports of Silver (-75.04%), Gold (-61.98%), Pearls, Precious & Semi-Precious Stones (-41.61%), Coal, Coke & Briquettes, Etc. (-35.63%), Petroleum, Crude & Products (-29.59%), Iron & Steel (-23.37%), Transport Equipment (-16.93%), Newsprint (-12.43%), Artifici ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al Resins, Plastic Materials, Etc. (-6.21%), Professional Instrument, Optical Goods, Etc. (-5.01%), Machine Tools (-3.68%), Fruits & Vegetables (-0.93%) record negative growth during February2025 over the corresponding month of last year. * Services exports is estimated to grow by 14.10percent during April-February2024-25* over April-February2023-24. * Top 5 export destinations, in terms of change in value, exhibiting positive growth in February2025 vis a vis February2024 are U S A (10.37%), Australia (76.19%), Japan (26.55%), Brazil (10.85%) and Nigeria (10.75%). * Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-February2024-25 vis a vis April-February2023-24 are U S A (9.1%), U ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Arab Emts (5.19%), U K (12.47%), Japan (21.67%) and Netherland (3.68%).
* Top 5 import sources, in terms of change in value, exhibiting growth in February2025 vis a vis February2024 are Thailand (145.45%), China P Rp (7.83%), Brazil (162.18%), Ireland (117.17%) and Oman (30.24%).
* Top 5 import sources, in terms of change in value, exhibiting growth in April-February2024-25 vis a vis April-February2023-24 are U Arab Emts (29.21%), China P Rp (10.41%), Thailand (42.4%), U S A (7.23%) and Russia (4.9%).
*Link for Quick Estimates X X X X Extracts X X X X X X X X Extracts X X X X
|
