June 16, 2025 4:51 PM

India’s export rose 2.77% in May at $71.12 billion; trade deficit narrowed

India's overall exports, comprising both merchandise and services, rose 2.77 percent year-on-year in May 2025 to $71.12 billion, up from $69.20 billion in the same month last year, according to data released by the Commerce Ministry on Monday. While merchandise exports dipped slightly to $38.73 billion from $39.59 billion, services exports grew to $32.39 billion from $29.61 billion in May 2024. On the import side, India’s total goods and services imports in May stood at $77.75 billion, sligh...