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GS3 · Trade

Exports hit record US$ 824.9 billion in 2024-25

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Battle IAS current affairs title card: Exports hit record US$ 824.9 billion in 2024-25 (GS3 · Trade, 2 May 2025)

What happened

  • India’s total exports reached US$ 824.9 billion in 2024-25, up 6.01% [PIB].
  • Services exports were a record US$ 387.5 billion, up 13.6% [PIB].

Background

  • The figure uses RBI services data for March 2025 [PIB].

Why it matters

  • Services carry export growth while goods lag.

How to use this in Mains

GS-III Effects of liberalisation; trade policy

  1. As per PIB (2025-05-02): india's total exports reached US$ 824.9 billion in 2024-25, up 6.01%.
  2. Services carry export growth while goods lag.
Quotable data point

Services exports were a record US$ 387.5 billion, up 13.6%.

PIB: Record exports 2024-25, 2 May 2025

Exam angle

UPSC

Prelims: trade data.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

Services exports 2024-25

Answer (b) & explanation

PIB.

Official source: PIB: Record exports 2024-25, 2 May 2025

facts from cited sources only; faculty review pending