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India’s exports up 6.7%, reach $35.1 bn in Aug

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India's merchandise exports recorded a positive growth of 6.7 per cent in August this year, reaching $35.1 billion, compared to $32.89 billion in August 2024, according to data released by the Ministry of Commerce and Industry. However, the exports in August saw a dip of $2.14 billion compared to $37.24 billion in July. The trade deficit also narrowed down to $26.49 billion from $27.35 billion in July.

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Interestingly, the exports in August recorded a positive growth year-on-year basis despite 50 per cent tariffs imposed by the US on selected Indian goods, including 25 percent reciprocal tariffs which came into effect on August 7 and 25 percent additional duty effective August 27. The US remained top export destination of India with $40.39 billion of export in April-August period, recording an increase of over $6 billion from $34.21 billion in the corresponding year last year.

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“Despite global uncertainties and trade policy uncertainties, the exporters have done extremely well. It shows that the policies of the government have paid off,” Commerce Secretary Sunil Barthwal said.

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According to the ministry of commerce data, the imports declined by 10.12 percent to $61.59 billion, down from $68.53 billion in the corresponding period last year. Consequently, the trade deficit narrowed significantly to $26.49 billion, as against $35.64 billion in August 2024. Though, China remained largest import partner of India with $51.57 billion, an increase of nearly $4.7 billion compared to August 2024.

Merchandise exports stood at US$ 184.13 billion during April-August 2025, reflecting a 2.52 percent increase from US

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$ 179.60 billion in the corresponding period last year. Notably, non-petroleum exports showed even stronger growth, rising 7.35 per cent to US$ 158.07 billion from US$ 147.25 billion in April-August 2024, highlighting the resilience and diversity of India’s export portfolio.

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