Powered by: Motilal Oswal
2025-03-18 02:22:28 pm | Source: Accord Fintech
India`s merchandise exports decline 12.19% in February 2025
News By Tags | #India #Economy #ImportExports
India`s merchandise exports decline 12.19% in February 2025

The commerce ministry in its latest data has showed that India's merchandise exports declined for the fourth month in a row in February 2025, falling by 12.19 per cent year-on-year to $36.91 billion as against $41.41 billion a year ago, due to volatility in petroleum prices and global uncertainties. Besides, merchandise imports were lower at $50.96 billion in February 2025 as compared with $60.92 billion in February 2024. The trade deficit, or the gap between imports and exports, for February 2025 stood at $14.05 billion, the lowest level since August 2021. In February 2024, the merchandise trade deficit stood at $19.5 billion. 

According to the data, merchandise exports during April-February 2024-25 were $395.63 billion as compared to $395.38 billion during April-February 2023-24. Merchandise imports during April-February 2024-25 were $656.68 billion as compared to $621.19 billion during April-February 2023-24. Merchandise trade deficit during April-February 2024-25 was $261.06 billion as compared to $225.81 billion during April-February 2023-24. 

It further said non-petroleum and non-gems & jewellery exports in February 2025 were $28.57 billion as compared to $29.99 billion in February 2024. Non-petroleum and non-gems & jewellery exports in April-February 2024-25 were $310.09 billion, as compared to $286.55 billion in April-February 2023-24. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in February 2025 were $35.02 billion as compared to $33.96 billion in February 2024. Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-February 2024-25 were $415.85 Billion, as compared to $388.82 billion in April-February 2023-24.

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here