India’s May 2025 exports rose 2.77%, imports fell 1.02%, with services driving growth amid mixed merchandise trends.

• Merchandise trade deficit widened to $48.33B in April-May 2025, up from $41.27B in the same period last year.
• Services exports surged 9.11% in April-May 2025, reaching $64.76B, fueled by strong global demand.
• Imports of pulses, petroleum, and fertilizers dropped sharply by 51.89%, 26.14%, and 26.64% respectively in May 2025.