India's Export Landscape in FY25

India's combined exports of goods and services have remarkably crossed the $800 billion mark in the fiscal year 2024-25, as per sources. However, the merchandise exports have shown a flat growth trend during the same period.

Looking Ahead to FY26

The sources are optimistic about a positive growth in merchandise exports for the fiscal year 2025-26. The official figures for exports and imports for FY25 are eagerly awaited and will be released by the commerce ministry on April 15.

Current Challenges

Despite the overall growth, exports have been facing challenges, marking the fourth consecutive month of negative growth in February, attributed to global economic uncertainties.

Key Figures: Merchandise exports stood at $395.63 billion during April-February 2024-25, marginally up from $395.38 billion in the previous year. Service exports, however, saw a significant rise to $354.90 billion from $311.05 billion in the same period.