Agri, pharma, electronics account for over 50% of exports: Govt data

Agriculture, pharma, electronics and engineering goods together accounted for over 50 per cent of India’s merchandise exports in 2024-25, according to government data, highlighting the country’s growing strength in diverse sectors amid efforts to boost manufacturing and value-added exports.

Engineering goods contributed the highest share of 26.67 per cent to India’s USD 437.42 billion exports in 2024-25, while agriculture, pharmaceuticals, and electronics accounted for 11.85 per cent, 6.96 per cent, and 8.82 per cent, respectively.

The data showed that the electronic goods sector saw the highest export growth rate at 32.46 per cent, jumping from USD 29.12 billion in 2023-24 to USD 38.58 billion in the last fiscal year. It was USD 23.6 billion in 2022-23 and USD 15.7 billion in 2021-22.

Within this, computer hardware and peripherals, which form 3.8 per cent of the sector, saw 101 per cent growth, doubling from USD 0.7 billion to USD 1.4 billion.

The main destinations for electronic goods were the UAE, the US, the Netherlands, the UK, and Italy.

Engineering goods’ shipments rose 6.74 per cent year-on-year to USD 116.67 billion. Drugs and pharmaceuticals exports grew 9.4 per cent to USD 30.47 billion while that of agri and allied sectors increased 7.36 per cent to USD 51.86 billion in 2024-25.

The main export destinations for engineering goods were the US, the UAE, Saudi Arabia, the UK, and Germany.