{"id":126,"date":"2025-03-17T17:39:25","date_gmt":"2025-03-17T17:39:25","guid":{"rendered":"https:\/\/efinlab.in\/?p=126"},"modified":"2025-03-17T17:39:27","modified_gmt":"2025-03-17T17:39:27","slug":"indias-trade-outlook-exports-rise-3-16-in-feb-2025-trade-surplus-at-4-43b","status":"publish","type":"post","link":"https:\/\/efinlab.in\/?p=126","title":{"rendered":"India\u2019s Trade Outlook: Exports Rise 3.16% in Feb 2025, Trade Surplus at $4.43B"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>India\u2019s total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positivegrowth of 3.16 percent vis-\u00e0-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-\u00e0-vis February2024.<\/li>\n<\/ul>\n\n\n\n<p><strong>Table 1: Trade during February2025*<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;<\/td><td>&nbsp;<\/td><td><strong>February2025<\/strong><strong>(USD Billion)<\/strong><\/td><td><strong>February2024<\/strong><strong>(USD Billion)<\/strong><\/td><\/tr><tr><td rowspan=\"2\"><strong>Merchandise<\/strong><\/td><td>Exports<\/td><td>36.91<\/td><td>41.41<\/td><\/tr><tr><td>Imports<\/td><td>50.96<\/td><td>60.92<\/td><\/tr><tr><td rowspan=\"2\"><strong>Services*<\/strong><\/td><td>Exports<\/td><td>35.03<\/td><td>28.33<\/td><\/tr><tr><td>Imports<\/td><td>16.55<\/td><td>15.23<\/td><\/tr><tr><td rowspan=\"3\"><strong>Total Trade<\/strong><strong>(Merchandise +Services) *<\/strong><\/td><td>Exports<\/td><td>71.95<\/td><td>69.74<\/td><\/tr><tr><td>Imports<\/td><td>67.52<\/td><td>76.15<\/td><\/tr><tr><td>Trade Balance<\/td><td>4.43<\/td><td>-6.41<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>* 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\u2019s subsequent release. (ii) Data for April-February2023-24 and April-September2024 has been revised on pro-rata basis using quarterly balance of payments data.<\/em><\/p>\n\n\n\n<p><strong>Fig 1: Total Trade during February2025*<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image001JZV8.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India\u2019s 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.<\/li>\n<\/ul>\n\n\n\n<p><strong>Table 2: Trade during April-February2024-25*<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;<\/td><td>&nbsp;<\/td><td><strong>April-February2024-25<\/strong><strong>(USD Billion)<\/strong><\/td><td><strong>April-February2023-24<\/strong><strong>(USD Billion)<\/strong><\/td><\/tr><tr><td rowspan=\"2\"><strong>Merchandise<\/strong><\/td><td>Exports<\/td><td>395.63<\/td><td>395.38<\/td><\/tr><tr><td>Imports<\/td><td>656.68<\/td><td>621.19<\/td><\/tr><tr><td rowspan=\"2\"><strong>Services*<\/strong><\/td><td>Exports<\/td><td>354.90<\/td><td>311.05<\/td><\/tr><tr><td>Imports<\/td><td>183.21<\/td><td>161.71<\/td><\/tr><tr><td rowspan=\"3\"><strong>Total Trade<\/strong><strong>(Merchandise +Services) *<\/strong><\/td><td>Exports<\/td><td>750.53<\/td><td>706.43<\/td><\/tr><tr><td>Imports<\/td><td>839.89<\/td><td>782.90<\/td><\/tr><tr><td>Trade Balance<\/td><td>-89.37<\/td><td>-76.47<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Fig 2: Total Trade during April-February2024-25*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image002UX3Y.png\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong>MERCHANDISE TRADE<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Merchandise exports during February2025 were USD 36.91 Billion as compared to USD 41.41 Billion in February2024.<\/li>\n\n\n\n<li>Merchandise imports during February2025 were USD 50.96 Billion as compared to USD 60.92 Billion in February2024.<\/li>\n<\/ul>\n\n\n\n<p><strong>Fig 3: Merchandise Trade during February2025<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image003SOJP.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Merchandise exports during April-February2024-25 were USD 395.63 Billion as compared to USD 395.38Billion during April-February2023-24.<\/li>\n\n\n\n<li>Merchandise imports during April-February2024-25 were USD 656.68 Billion as compared to USD 621.19 Billion during April-February2023-24.<\/li>\n\n\n\n<li>Merchandise trade deficit during April-February2024-25 was USD 261.06 Billion as compared to USD 225.81 Billion during April-February2023-24.<\/li>\n<\/ul>\n\n\n\n<p><strong>Fig4: Merchandise Trade during April-February2024-25<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image004HWC8.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Non-petroleum and non-gems &amp; jewellery exports in February2025 were USD 28.57Billion compared to USD 29.99Billion in February2024.<\/li>\n\n\n\n<li>Non-petroleum, non-gems &amp; jewellery (gold, silver &amp; precious metals) imports in February2025 were USD 35.02Billion compared to USD 33.96Billion in February2024.<\/li>\n<\/ul>\n\n\n\n<p><strong>Table 3: Trade excluding Petroleum and Gems &amp; Jewellery during February2025<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;<\/td><td>February2025<strong>(USD Billion)<\/strong><\/td><td><strong>February2024<\/strong><strong>(USD Billion)<\/strong><\/td><\/tr><tr><td>Non- petroleum exports<\/td><td>31.10<\/td><td>33.19<\/td><\/tr><tr><td>Non- petroleum imports<\/td><td>39.07<\/td><td>44.03<\/td><\/tr><tr><td>Non-petroleum &amp; Non-Gems &amp; Jewellery exports<\/td><td>28.57<\/td><td>29.99<\/td><\/tr><tr><td>Non-petroleum &amp; Non-Gems &amp; Jewellery imports<\/td><td>35.02<\/td><td>33.96<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Note: Gems &amp; Jewellery Imports include Gold, Silver &amp; Pearls, precious &amp; Semi-precious stones<\/em><\/p>\n\n\n\n<p><strong>Fig 5: Trade excluding Petroleum and Gems &amp; Jewellery during February2025<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image005YT9N.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Non-petroleum and non-gems &amp; jewellery exports in April-February2024-25 were USD 310.09 Billion, compared to USD 286.55 Billion in April-February2023-24.<\/li>\n\n\n\n<li>Non-petroleum, non-gems &amp; jewellery (gold, silver &amp; precious metals) imports in April-February2024-25 were USD 415.85 Billion, compared to USD 388.82 Billion in April-February2023-24.<\/li>\n<\/ul>\n\n\n\n<p><strong>Table 4: Trade excluding Petroleum and Gems &amp; Jewellery during April-February2024-25<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>&nbsp;<\/td><td>April-February2024-25<strong>(USD Billion)<\/strong><\/td><td><strong>April-February2023-24<\/strong><strong>(USD Billion)<\/strong><\/td><\/tr><tr><td>Non- petroleum exports<\/td><td>337.01<\/td><td>316.64<\/td><\/tr><tr><td>Non- petroleum imports<\/td><td>489.96<\/td><td>458.80<\/td><\/tr><tr><td>Non-petroleum &amp;Non Gems&amp; Jewellery exports<\/td><td>310.09<\/td><td>286.55<\/td><\/tr><tr><td>Non-petroleum &amp; Non Gems &amp; Jewellery imports<\/td><td>415.85<\/td><td>388.82<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Note: Gems &amp; Jewellery Imports include Gold, Silver &amp; Pearls, precious &amp; Semi-precious stones<\/em><\/p>\n\n\n\n<p><strong>Fig 6: Trade excluding Petroleum and Gems &amp; Jewellery during April-February2024-25<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image006Z69X.png\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong>SERVICES TRADE<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The estimated value of services export for February2025* is USD 35.03 Billion as compared to USD 28.33Billion in February2024.<\/li>\n\n\n\n<li>The estimated value of services imports for February2025* is USD 16.55 Billion as compared to USD 15.23Billion in February2024.<\/li>\n<\/ul>\n\n\n\n<p><strong>Fig 7: Services Trade during February2025*<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image00749VY.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>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.<\/li>\n\n\n\n<li>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.<\/li>\n\n\n\n<li>The services trade surplus for April-February2024-25* is USD 171.69 Billion as compared to USD 149.34 Billion in April-February2023-24.<\/li>\n<\/ul>\n\n\n\n<p><strong>Fig 8: Services Trade during April-February2024-25*<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image008E0YJ.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Exports ofTobacco (26.76%), Electronic Goods (26.46%), Mica, Coal &amp; Other Ores, Minerals Including Processed Minerals (24.25%), Coffee (22.32%), Rice (13.21%), Jute Mfg. Including Floor Covering (12.41%), Other Cereals\u00a0 (11.65%), Meat, Dairy &amp; Poultry Products (6.7%), Carpet (4.87%), Rmg Of All Textiles (3.97%), Marine Products (3.4%), Spices (0.98%) and \u00a0Fruits &amp; Vegetables (0.87%) record positive growth during February2025 over the corresponding month of last year.<\/li>\n\n\n\n<li>Imports of Silver (-75.04%), Gold (-61.98%), Pearls, Precious &amp; Semi-Precious Stones (-41.61%), Coal, Coke &amp; Briquettes, Etc. (-35.63%), Petroleum, Crude &amp; Products (-29.59%), Iron &amp; Steel (-23.37%), Transport Equipment (-16.93%), Newsprint (-12.43%), Artificial Resins, Plastic Materials, Etc. (-6.21%), Professional Instrument, Optical Goods, Etc. (-5.01%), Machine Tools (-3.68%), Fruits &amp; Vegetables\u00a0 (-0.93%) record negative growth\u00a0during February2025 over the corresponding month of last year.<\/li>\n\n\n\n<li>Services exports is estimated to grow by 14.10percent during April-February2024-25* over April-February2023-24.<\/li>\n\n\n\n<li>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%).<\/li>\n\n\n\n<li>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 Arab Emts (5.19%), U K (12.47%), Japan (21.67%) and Netherland (3.68%).<\/li>\n\n\n\n<li>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%).<\/li>\n\n\n\n<li>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%).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Table 1: Trade during February2025* &nbsp; &nbsp; 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 Imports 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-126","post","type-post","status-publish","format-standard","hentry","category-blog"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts\/126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126"}],"version-history":[{"count":1,"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts\/126\/revisions"}],"predecessor-version":[{"id":127,"href":"https:\/\/efinlab.in\/index.php?rest_route=\/wp\/v2\/posts\/126\/revisions\/127"}],"wp:attachment":[{"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/efinlab.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}