Page 18 - FIPI - Policy Economic Report - May 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

? Total imports (Merchandise and Services combined) for April 2025 are estimated at USD 82.45
Billion, registering a growth of 15.72 percent vis-à-vis April 2024.

Table 1: Trade during April 2025

April 2025 April 2024
(USD Billion) (USD Billion)

Merchandise Exports 38.49 35.30

Imports 64.91 54.49

Services Exports 35.31 30.18

Imports 17.54 16.76

Total Trade Exports 73.80 65.48
82.45 71.25
(Merchandise + Services)

Imports

Trade Balance -8.65 -5.77
Source- Ministry of Commerce & Industry

Figure 8: Total Trade during April 2025 82.45
73.8
90
Imports Apr-25
80
71.25

70 65.48

60

USD billion 50

40

30

20

10

0 Apr-24 Exports

Source- RBI

? Exports of Tobacco (66.43%), Coffee (47.85%), Electronic Goods (39.51%), Mica, Coal & Other
Ores, Minerals Including Processed Minerals (34.43%), Fruits & Vegetables (30.72%), Marine
Products (17.81%), Tea (15.93%), Meat, Dairy & Poultry Products (15.85%), Rmg Of All Textiles
(14.43%), Rice (13.63%), Engineering Goods (11.28%), Gems & Jewellery (10.74%), Spices
(8.38%), Cereal Preparations & Miscellaneous Processed Items (7.71%), Petroleum Products

May 2025 Page | 17