India’s Trade Momentum Builds as Goods Exports Hit $38.49 Billion in April

India’s goods exports jumped 9% year-on-year in April 2025 to $38.49 billion, marking a strong start to the fiscal year and signaling resilience amid global trade challenges. Key growth drivers included electronics (up 39.5%), engineering goods, petroleum products, and ready-made garments. However, this export momentum was overshadowed by a sharper 19% rise in imports to $64.91 billion, pushing the trade deficit to a five-month high of $26.42 billion.

Commerce Secretary Sunil Barthwal credited the robust performance to targeted strategies and exporters’ adaptability, expressing optimism for sustained growth. The Federation of Indian Export Organisations stressed the need for continued policy support, improved logistics, and timely incentives to maintain competitiveness.

This broad-based export growth, despite supply chain disruptions and global uncertainties, highlights India’s growing strength in key sectors.

 

Source: The Hindu Business Line, Times of India, Moneycontrol