| Category | Details |
|---|---|
| Merchandise Trade (July 2025) | Exports rose by 7.3% to $37.24 billion, driven by electronics, pharmaceuticals, and engineering goods. Imports surged by 8.6% to $64.59 billion, leading to a trade deficit of $27.35 billion, an eight-month high. |
| Strong Export Sectors | Engineering goods, gems and jewellery, electronics, pharmaceuticals, and organic/inorganic chemicals were top performers. Electronics grew by 34%, from $2.81 billion in July 2024 to $3.77 billion in July 2025. |
| Import Surge Reasons | Increased demand for crude oil, energy resources, machinery, and industrial inputs, alongside rising global commodity prices, contributed to the import surge. |
| Cumulative Trade (Apr-Jul 2025) | Merchandise exports stood at $149.20 billion, while imports reached $244.01 billion, indicating a persistent trade gap. |
| Goods and Services Exports (Apr-Jul 2025) | Combined exports grew by 5.23% to $277.63 billion, reflecting resilience amid global supply chain pressures. |
| Key Highlights | Electronic goods emerged as a standout performer, supported by government initiatives like PLI (Production Linked Incentive) schemes. The rising trade deficit underscores import dependency, particularly in energy and capital goods. |
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