Search For "merchandise export"
Despite tariff, geo-political challenges, India's CAD to remain under 1%
Updated : 8 months ago IST
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
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India's August exports jump over 9%, imports fall 7%; trade deficit narrow
Updated : 8 months ago IST
India's overall exports, merchandise and services combined, in August 2025 were reported at USD 69.16 billion, marking a 9.34 per cent rise on a yearly basis, data from the Union Commerce Ministry showed on Monday. The total exports in August 2024 were pegged at USD 63.25 billion.
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US tariffs will have 50% to 63.9% impact on many Indian merchandise export
Updated : 9 months, 3 weeks ago IST
The cumulative 50 per cent tariffs imposed by the President Donald Trump administration on Indian goods will come into effect exactly a fortnight from now, unless something dramatic happens between the two countries on the trade deal front in the meantime.
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India's export rose 2.8% in May at $71.1 billion; trade deficit narrowed
Updated : 11 months, 3 weeks ago IST
India's overall exports, merchandise and services combined, in May were to the tune of USD 71.12 billion, a 2.77 per cent rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 69.20 billion.
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Aiming USD 1 trillion worth exports in 2025-26: FIEO
Updated : 1 year ago IST
The FIEO President said they are eyeing 12 per cent and 20 per cent growth in merchandise and services exports during the fiscal year, respectively.
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Engineering goods exports from India reach record high in 2024-25, hit USD
Updated : 1 year, 1 month ago IST
While the US remained the top destination for Indian engineering exports in 2024-25, significant export growth was also noted in the UAE, Singapore, Nepal, Japan, and France, according to the Engineering Exports Promotion Council, which issued a statement on Sunday.
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India's exports surge to $74.97 bn in Jan 2025 from $68.33 bn, trade defic
Updated : 1 year, 3 months ago IST
Commerce Secretary Sunil Barthwal highlighted the robust export performance during April 2024 to January 2025, stating, "Our exports during April-Jan has seen a growth of 7.21 percent. During April-Jan we have witnessed USD 46 bn Dollar increase from the last year same period. During the sam
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India Exim Bank projects merchandise exports to reach USD 124.8 billion in
Updated : 1 year, 3 months ago IST
The Export-Import Bank of India (India Exim Bank) has projected India's total merchandise exports for the fourth quarter (January-March) of financial Year (FY) 2025 to reach USD 124.8 billion, reflecting a year-on-year growth of 3.64 per cent.
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India's trade deficit likely to narrow to USD 20.88 bn in Jan from USD 21.
Updated : 1 year, 3 months ago IST
India's merchandise trade deficit is expected to have narrowed to USD 20.88 billion in January 2025, down from USD 21.94 billion in December 2024, according to a report by Union Bank of India.
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Finance ministry flags export challenges over softening demand in develope
Updated : 1 year, 6 months ago IST
India's export recovery may encounter challenges due to softening demand in developed markets, the Ministry of Finance in its monthly report said on Monday.
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India records decade-high October exports, hits USD 39.2 billion milestone
Updated : 1 year, 6 months ago IST
India has achieved a significant milestone by recording its highest-ever merchandise exports of USD 39.2 billion for October month in the last decade, highlighting the country's growing strength in global trade, as per the official data released by the Directorate General of Commercial Intel
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India will meet its exports target of USD 800 billion this year: Commerce
Updated : 1 year, 6 months ago IST
Commerce Secretary Sunil Barthwal was upbeat on the trade data and said, "It has been an extremely good month for us, and not only our overall export progress has been extremely good, but if you look at April to October, this has been the highest ever non-petroleum exports from this country
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