India’s Export Performance in April 2025 Sector-wise Highlights
India’s export performance April 2025 signals renewed momentum for the economy. Backed by engineering goods, pharma, and electronics, merchandise and services exports continue their upward trend despite global challenges.
Here’s a simplified breakdown of the numbers and what they mean for Indian exporters.
Key Trade Figures – April 2025
| Category | Exports (USD) | Imports (USD) | YoY Growth |
|---|---|---|---|
| Merchandise Exports | $38.49 billion | $64.91 billion | +1.08% (exports) |
| Services Exports | $35.31 billion | $17.54 billion | +4.35% (exports) |
| Trade Deficit | – | – | $8.65 billion |
Source: Ministry of Commerce, PIB release dated 15 May 2025
View official data
Top Export Performers in April 2025
1. Pharmaceuticals
- Growth: +7.36% YoY
- Rising global demand from the US and EU markets
- Boost from generic drug exports and vaccine shipments
2. Electronic Goods
- Growth: +15.01% YoY
- Led by mobile and component exports under PLI scheme
- Key markets: UAE, Netherlands, and ASEAN countries
3. Engineering Goods
- Growth: +3.93% YoY
- Strong orders from USA and Germany
- Recovery in auto components and industrial machinery
4. Gems & Jewellery
- Growth: +5.22% YoY
- Stabilisation in demand post global gold price volatility
5. Textiles & Apparels
- Slight dip: –1.5% YoY
- Impacted by weak demand in Western markets
- Competitive pricing remains key
Services Exports: The Silent Champion
India’s services exports stayed robust at $35.31 billion. Key contributors:
- IT & ITES (BPM, software services)
- Consulting & Professional Services
- Travel, Tourism & Transport
Expert View: “India’s digital exports are silently powering forex inflows. The growth in services is shielding the trade deficit,” says Raghav Rao, Trade Analyst at IFCCI.
Legal & Compliance Notes for Exporters
- RoDTEP Scheme: Remission continues for eligible goods (see Notification No. 77/2021-Customs).
- GST Refunds: Exporters must claim timely ITC refunds under Rule 89 of CGST Rules.
- LUT Filing: File LUT for FY 2025–26 to export without paying IGST (Form GST RFD-11).
Read more: GST Refunds on Exports – Efiletax Guide
India’s Export Strategy Going Forward
- Focus on new FTAs: UK, Canada talks in final stages
- PLI Boost: Electronics, pharma, solar modules to remain growth engines
- Digital Infrastructure: ICEGATE and DGFT platforms improving exporter ease
Summary
India’s exports in April 2025 stood at $38.49B (goods) and $35.31B (services), showing resilience across pharma, electronics, and engineering sectors. With trade deficit easing, India’s export strategy is gaining traction, supported by FTAs and PLI schemes.
FAQs
Q1. Which sector had the highest export growth in April 2025?
A: Electronic goods saw the highest YoY export growth at 15.01%.
Q2. What was India’s total trade deficit in April 2025?
A: The total trade deficit was $8.65 billion.
Q3. Are GST refunds available for exporters in April 2025?
A: Yes, under CGST Rule 89 with valid documentation and LUT filing.