HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
India’s merchandise exports to reach $124.8 billion in Q4 of FY2025: India Exim Bank
Feb-15-2025

The Export-Import Bank of India (India Exim Bank) has estimated India’s total merchandise exports to grow by 3.64 per cent year-on-year to $124.8 billion for the fourth quarter (January-March) of the Financial Year (FY) 2025. Further, it has forecasted a robust growth of 11.34 per cent for non-oil exports totalling to $109.3 billion. Non-oil and non-gems and jewellery exports are forecasted to reach $98.5 billion, marking a 10.1 per cent year-on-year increase. 

It also added that the strong agricultural harvest, revival in manufacturing activity and improving demand prospects in trading partners could be the reasons for the positive growth in India’s exports. The positive growth rate in total merchandise exports, non-oil exports, and non-oil and non-gems and jewellery exports, is likely to continue in the first quarter of the next financial year. 

On the future outlook, the bank said ‘it is, however, subject to risks of global trade policy uncertainty, rising geo-economic fragmentation and persisting geo-political tensions.’ Moreover, Exim Bank forecasts India’s total merchandise exports to grow by 2.2 per cent year on year to $446.5 billion for FY2025. The bank said non-oil exports are forecasted at $382 billion, while non-oil and non-gems and jewellery exports are forecast to touch $350 billion for FY2025.

  RELATED NEWS >>