Indian exporters began the fiscal year with a buyer note with outgoing shipments in April 2025 to the increase of 9.03 percent (year after year) to $ 38.49 billion, led by engineering products, oil and electronic products. But the commercial deficit increased to a maximum of five months of $ 26.42 billion, since the import surge was clear.
Imports increased 19.12 percent (year after year) to $ 64.91 billion in April due to an increase in crude and electronic oil shipments, according to data shared by the Department of Commerce on Thursday.
“We opened the year with an explosion … Last year, there were so many problems. The commercial route was a big problem with the ships forced to avoid the Red Sea and take the longest route of Cape of Good Hope. There were supply problems. But through resistance in his business,” said the secretary of Commerce, Sunil Barthwal, in a press report on commercial data.
He expressed the hope that the impulse of growth would continue through the prosecutor.
The FIEO of the exporting body said that maintaining the impulse of growth would require support through stable policies, improved commercial facilitation, better logistics and timely conclusion of free trade agreements, especially.
“Access to affordable credit, partly for MSME, along with timely disbursement or incentives such as interest equity, Rodtep and other export benefits will be vital to justify export competence and achieve ambitious.
Top 10 exports
Nine of the main exports of India registered an increase in April 2025. These included engineering, oil products, electronics, gems and jewelry, drugs and pharmaceuticals, garments ready to use, rice cotton thread and models and plastic. Only organic and inorganic chemicals, among the main 10, registered a marginal decline.
Crude oil imports in April increased 25.6 percent to $ 20.7 billion, while gold imports increased 4.86 percent to $ 3.09 billion. Other elements that recorded a considerable increase in imports include electronic, machinery and chemicals.
In fiscal year 2000, exports of assets of India registered marginal growth or 0.08 percent to $ 437.42 billion compared to $ 437.07 billion in the previous fiscal year.
Posted on May 15, 2025