Services exports elevated to $34.1 billion in August 2025, in comparison with $30.4 billion in August final yr. File picture used for illustration. | Photo Credit: Reuters
The month-to-month commerce knowledge launched by the Ministry of Commerce and Industry additionally confirmed that exports to the U.S. elevated to about $6.86 billion in August 2025, as in comparison with $6.7 billion in August final yr, regardless of 25% tariffs being imposed on Indian exports to the U.S. for many of that month, and 50% tariffs imposed for a couple of days on the finish of the month.
‘Policies paid off’
“Despite the worldwide uncertainties and the commerce coverage uncertainties, India’s exporters have performed extraordinarily properly,” Commerce Secretary Sunil Barthwal stated at a press convention to announce the information. “It reveals that the insurance policies of the Government of India have paid off properly.”
India’s whole exports elevated to $69.2 billion in August 2025, up 9.3% over its degree in August final yr. Within this, merchandise exports elevated to $35.1 billion in August 2025, in comparison with $32.9 billion in August final yr, a progress of 6.7%.
Services exports elevated to $34.1 billion in August 2025, in comparison with $30.4 billion in August final yr.
On the import facet, India’s whole imports fell to $79 billion in August 2025, as in comparison with $85 billion in August final yr, a contraction of seven%. This was pushed by a ten.1% contraction in merchandise imports to $61.6 billion.
Services imports, then again, elevated marginally to $17.45 billion in August 2025 from $16.5 billion in August final yr.
The comparatively sturdy export efficiency in August has meant that the general commerce deficit in April-August of this monetary yr stood at $41.4 billion, down 20.1% over its degree within the April-August 2024 interval.
Published – September 15, 2025 09:03 pm IST
