INDIA’S trade performance in May 2025 has shown strength and stability, despite uncertain global conditions, according to views shared by industry experts and economists.
FIEO President S C Ralhan highlighted that India’s total exports, including goods and services, increased by 2.8 per cent to US$71.12 billion in May 2025, up from US$69.20 billion in May 2024.
The growth was mainly driven by services such as software, consultancy, and financial services. Even though merchandise exports dipped slightly to US$38.73 billion, the continued service momentum helped support overall performance.
“Exporters are adapting well to a tough global environment,” said Ralhan. “The ability to sustain export growth despite logistical disruptions, especially in the Middle East, is a testament to the sector’s agility and policy support.”
On the import front, merchandise imports eased to US$ 60.61 billion, while overall imports (goods and services) stood at US$77.75 billion, down from US$78.55 billion in May 2024.
He added, “With appropriate policy interventions and global conditions expected to stabilize in the second half of 2025, India is well-positioned to regain a strong export growth trajectory”.
Pankaj Chadha, Chairman of EEPC India, stated that the engineering exports sector has managed to stay steady despite continued international challenges.
ANI
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