India, Jan. 15 -- The Government of India has issued a release:

December 2025

December 2024

Merchandise

Exports

38.51

37.80

Imports

63.55

58.43

Services*

Exports

35.50

36.97

Imports

17.38

17.80

Total Trade

Exports

74.01

74.77

Imports

80.94

76.23

Trade Balance

-6.92

-1.46

April-December 2025

April-December 2024

Merchandise

Exports

330.29

322.41

Imports

578.61

546.36

Services*

Exports

303.97

285.53

Imports

152.23

150.01

Total Trade

Exports

634.26

607.93

Imports

730.84

696.37

Trade Balance

-96.58

-88.43

December 2025

December 2024

Non- petroleum exports

34.11

33.09

Non- petroleum imports

49.15

44.84

Non-petroleum & Non-Gems & Jewellery exports

32.02

30.96

Non-petroleum & Non-Gems & Jewellery imports

42.72

38.44

April-December 2025

April-December 2024

Non- petroleum exports

288.16

273.12

Non- petroleum imports

443.18

404.92

Non-petroleum & Non Gems & Jewellery exports

266.94

251.73

Non-petroleum & Non Gems & Jewellery imports

371.93

339.67

(US$ Billion)

(US$ Billion)

(Merchandise +Services) *

(US$ Billion)

(US$ Billion)

(Merchandise +Services) *

(US$ Billion)

(US$ Billion)

(US$ Billion)

(US$ Billion)

India's total exports (Merchandise and Services combined) for December 2025* is estimated at US$ 74.01 Billion, registering a negative growth of (-)1.01 percent vis-a-vis December 2024. Total imports (Merchandise and Services combined) for December 2025* is estimated at US$ 80.94 Billion, registering a positive growth of 6.17 percent vis-a-vis December 2024.

Table 1: Trade during December 2025*

* Note: The latest data for services sector released by RBI is for November 2025. The data for December 2025 is an estimation. (ii) Data for April-December 2024 and April-September 2025 has been revised on pro-rata basis using quarterly balance of payments data.

Fig 1: Total Trade during December 2025*

Table 2: Trade during April-December 2025*

Fig 2: Total Trade during April-December 2025*



MERCHANDISE TRADE

Fig 3: Merchandise Trade during December 2025

Fig 4: Merchandise Trade during April-December 2025

Table 3: Trade excluding Petroleum and Gems & Jewellery during December 2025

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 5: Trade excluding Petroleum and Gems & Jewellery during December 2025

Table 4: Trade excluding Petroleum and Gems & Jewellery during April-December 2025

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-December 2025

SERVICES TRADE

Fig 7: Services Trade during December 2025*

Fig 8: Services Trade during April-December 2025*

Link for Quick Estimate:

Disclaimer: Curated by HT Syndication.