Page 21 - Policy Economic Report_Mar'25
P. 21
POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
? SDRs for the above-mentioned week increased by $51 million to stand at $18.26 billion.
? Reserve position in the IMF was up by $283 million to $4.4 billion.
India’s foreign trade position
? Exports (Merchandise + Services) for February 2025 stood at $ 71.95 billion, registering a growth of
3.16% YoY growth compared to February 2024.
? Imports (Merchandise +Services) for February 2025 amounted to $ 67.52 billion, registering a
negative growth of (-11.34) % YoY increase over February 2024.
Table 1: Trade during February 2025
February 2025 February 2024
(USD Billion) (USD Billion)
Merchandise Exports 36.91 41.41
Imports 50.96 60.92
Services Exports 35.03 28.33
Imports 16.55 15.23
Overall Trade Exports 71.95 69.74
(Merchandise + Services) Imports 67.52 76.15
Trade Balance 4.43 -6.41
Source- Ministry of Commerce & Industry
Figure 13: Overall Trade during February 2025
Source- RBI Page | 20
March 2025
