Commerce Secretary gave export figures; Indian products increased marginally compared to last year

The export figure of Indian goods in 2024-25 has reached $ 437.42 billion. Whereas, this figure in 2023-24 was US $ 437.07 billion. In this way, exports have shown a marginal increase compared to last year. Commerce Secretary Sunil Barthwal revealed this on Tuesday.

According to the data released by the government on Tuesday, India's exports have increased marginally after four months. The country's exports increased by 0.7 percent to $ 41.97 billion in March. However, in the meantime, our trade deficit increased to $ 21.54 billion.

Talking about the financial year 2024-25 (April 2024 to March 2025), India's total exports reached $ 437.42 billion with a marginal increase of 0.08 percent. However, during this period, the country's imports increased by 6.62 percent to $ 720.24 billion, increasing the trade deficit to $ 282.82 billion.

The government has stated in its data that the country's trade deficit was at $ 14.05 billion in February. In March last year, the trade deficit i.e. the difference between imports and exports was $ 15.33 billion. Earlier, during the financial year 2023-24, the trade deficit was $ 241.14 billion. Talking about imports, in March it increased by 11.3% or $ 65.51 billion, the highest in four months on an annual basis.