In August 2025, service exports increased to $ 34.1 billion, compared to $ 30.4 billion in August last year. Image of the file used for representation. | Photo Credit: Reuters
In August 2025, the Indian business deficit closed by more than 54% to $ 9.9 billion, which was caused by an increase in goods exports, continued power in service exports and a significant reduction in the import of goods. The trade deficit was $ 21.7 billion in August 2024.
Monthly business data published by the Ministry of Commerce and Industry also showed that exports to the US in August 2025 increased to approximately $ 6.86 billion, compared to $ 6.7 billion in August last year, even over 25% of tariffs deposited for most of this month, and 50% of tariffs at the end of the month.
“Policy has paid off”
“Despite the global uncertainties and uncertainty of business policy, India exporters were doing very well,” said Trade Minister Sunil Barthwal at a press conference to announce the data. “It shows that the politicians of the Indian government have paid off well.”
Indian total exports in August 2025 increased to $ 69.2 billion, which is 9.3% compared to its level in August last year. As part of this, the export of goods in August 2025 increased to $ 35.1 billion, compared to $ 32.9 billion in August last year, an increase of 6.7%.
In August 2025, service exports increased to $ 34.1 billion, compared to $ 30.4 billion in August last year.
On the side of imports, the total import of India in August 2025 fell to $ 79 billion, compared to $ 85 billion in August last year, which is 7%reduction. This was powered by 10.1% of contractions in the import of goods to $ 61.6 billion.
Imports of services, on the other hand, in August 2025 slightly increased to $ 17.45 billion from $ 16.5 billion in August last year.
The relatively strong export performance in August meant that the total trade deficit in August of this financial year was $ 41.4 billion, by 20.1% at its level in April to 2024.
Published – 15 September 2025 9:03
