Page 18 - Policy & Economic Report - June 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

India’s foreign trade position

• India’s total exports (Merchandise and Services combined) for May 2025 are estimated at USD
71.12 Billion, registering a growth of 2.77 percent vis-à-vis May 2024.

• Total imports (Merchandise and Services combined) for May 2025 are estimated at USD 77.75
Billion, registering a negative growth of 1.02 percent vis-à-vis May 2024.

Table 1: Trade during April 2025

May 2025 May 2024
(USD (USD Billion)
Billion)

Merchandise Exports 38.73 39.59

Imports 60.61 61.68

Services Exports 32.39 29.61

Imports 17.14 16.88

Total Trade Exports 71.12 69.20
(Merchandise + Imports 77.75 78.55
Services)

Trade -6.62 -9.35
Balance

Source- Ministry of Commerce & Industry

Figure 10: Total Trade during May 2025

Source- RBI

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