India’s exports inch up 0.7% to $41.97 billion in March; commerce deficit hits $21.54 billion

Imports elevated by 11.3% year-on-year to $63.51 billion in March. File
| Picture Credit score: Vipin Chandran

India’s exports grew marginally by 0.7 % to $41.97 billion in March, whereas the commerce deficit stood at $21.54 billion within the month, the most recent authorities knowledge confirmed on Tuesday (April 15, 2025).

Imports elevated by 11.3% year-on-year to $63.51 billion in March, in accordance with the information launched by the Commerce Ministry knowledge.

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Cumulatively, in the course of the 2024-25 fiscal yr (April-March), the nation’s exports moved up a tad by 0.08% to $437.42 billion, whereas imports climbed by 6.62% to $720.24 billion.

The nation’s general exports of products and companies elevated by 5.5% to $820.93 billion.