India’s Exports Grew 6% In Q1 Crossed US$ 210 Bn

New Delhi, Jul 16 (KNN) India's overall trade deficit decreased by 9.4 per cent to USD 20.3 billion in the first quarter of the current financial year, according to official data released by the Ministry of Commerce and Industry on Tuesday.

The improvement was primarily attributed to robust growth in services exports, which increased by nearly 11 per cent during the April-June 2025 period.

The country's total exports reached USD 210.3 billion in the first quarter, representing a 6 per cent increase from USD 198.5 billion recorded in the corresponding period of the previous financial year.

Commerce Secretary Sunil Barthwal indicated that the current export trajectory could potentially surpass last year's record performance, noting that both merchandise and services exports exceeded World Trade Organisation projections for global trade growth.

India achieved record-high total exports of USD 825 billion in the 2024-25 financial year, est