NITI Trade Watch: trade at USD 441 billion in Q4 FY25
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What happened
- NITI Aayog’s fourth Trade Watch Quarterly (Q4 FY25) put total trade at USD 441 billion, up 2.2% year-on-year [PIB].
- Merchandise exports dipped because of mineral fuels and organic chemicals, while electrical machinery, pharma and cereals grew. The edition focuses on leather and footwear [PIB].
Background
- The report was released by NITI CEO B.V.R. Subrahmanyam [PIB].
Why it matters
- Leather and footwear are labour-intensive; boosting them creates jobs faster than capital-heavy sectors.
How to use this in Mains
- As per PIB (2025-10-06): NITI Aayog's fourth Trade Watch Quarterly (Q4 FY25) put total trade at USD 441 billion, up 2.2% year-on-year.
- Leather and footwear are labour-intensive; boosting them creates jobs faster than capital-heavy sectors.
Quotable data pointNITI Aayog's fourth Trade Watch Quarterly (Q4 FY25) put total trade at USD 441 billion, up 2.2% year-on-year.
PIB: NITI Aayog: Trade Watch Quarterly, 6 Oct 2025
Exam angle
UPSC
Prelims: trade data.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
Total trade in Q4 FY25
Answer (b) & explanation
PIB.
Practice · UPSC
Sector in focus in this edition
Answer (a) & explanation
PIB.
Practice · UPSC
Year-on-year growth in total trade
Answer (b) & explanation
PIB.
Go deeper
ExplainerWorld Trade Organization: Origin, Principles, Key Agreements, Agriculture Boxes and India’s Stakes (UPSC Notes + PYQs)ExplainerGlobalisation and Indian Society: Meaning, the 1991 Reforms, Economic, Social and Cultural Effects (UPSC Notes)
Official source: PIB: NITI Aayog: Trade Watch Quarterly, 6 Oct 2025
facts from cited sources only; faculty review pending