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India's total exports rise by 2.77 pc, trade deficit narrows to USD 6.62 billion
The Statesman Bhubaneswar
|June 17, 2025
India's total exports—combining merchandise and services—rose to USD 71.12 billion in May 2025, marking a 2.77 per cent year-on-year increase, according to data released by the Ministry of Commerce and Industry.
In comparison, total exports in May 2024 stood at USD 69.20 billion. The growth was driven by a sharp increase in services exports, which rose to USD 32.39 billion in May from USD 29.61 billion a year ago. However, merchandise exports declined marginally to USD 38.73 billion, down from USD 39.59 billion in the same month last year.
This story is from the June 17, 2025 edition of The Statesman Bhubaneswar.
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