Arya News - The merchandise sector exports increased significantly from USD 31.94 billion in November 2024 to USD 38.13 billion in November 2025, the highest in over 10 years.
NEW DELHI – India’s overall trade deficit, including merchandise and services, in November 2025 reduced to USD 6.64 billion as against USD 17.06 billion in November 2024, data released by the Commerce Ministry said on Monday.
The merchandise sector exports increased significantly from USD 31.94 billion in November 2024 to USD 38.13 billion in November 2025, the highest in over 10 years.
Merchandise imports moderated slightly, falling from USD 63.87 billion to USD 62.66 billion over the same period.
India’s overall export (merchandise and services) in November increased to USD 73.99 billion against USD 64.05 billion last year.
On the other hand, the overall import in November 2025 reduced to USD 80.63 billion as against USD 81.11 billion in November 2024.
India’s services exports stood at USD 35.86 billion and imports at USD 17.96 billion, suggesting a trade surplus of USD 17.9 billion.
Commerce Secretary Rajesh Agrawal told reporters that the key drivers for export growth include sectors such as engineering goods, electronics, gems and jewellery, drugs and pharma.
Exports during April-November were up 2.62 per cent to USD 292.07 billion, while imports during the eight months rose by 5.59 per cent to USD 515.21 billion.
As per the government data, India’s exports to the US rose over 21 per cent year-on-year to USD 6.92 billion in November, while in October, US exports fell nearly 9 per cent year-on-year to USD 6.31 billion from USD 6.91 billion a year ago.
India’s merchandise exports to China spiked by 32.83 per cent during the period April–November 2025 compared to the same period last year.
Exports stood at USD 12.22 billion in April–November 2025, up from USD 9.20 billion in the same period last year.