Delhi, 15 December (H.S.): India’s export sector recorded robust growth in November 2025, rising 19.37 percent year-on-year to reach USD 38.13 billion, marking one of the strongest monthly performances in the past decade. During the same period, imports declined by 1.88 percent, settling at USD 62.66 billion, according to official data released by the Ministry of Commerce and Industry on Monday.

In its statement, the Ministry noted that the country’s trade deficit for November stood at USD 24.53 billion. This surge in outbound shipments, combined with a moderation in imports, reflects renewed momentum across key export sectors, the ministry said.

Commerce Secretary Rajesh Agarwal, while addressing the media, stated that the strong export performance in November successfully compensated for the slowdown witnessed in October. He added, “The export figure of USD 38.13 billion recorded in November is the highest for the month in the past ten years, underscoring India’s manufacturing resilience and competitiveness in global markets.”

During the first eight months of the current fiscal year (April–November), India’s cumulative exports rose by 2.62 percent to USD 292.07 billion, while imports grew by 5.59 percent to USD 515.21 billion. Officials attributed the improvement in exports to strong performance in engineering goods, petroleum products, and pharmaceuticals, while a decline in crude oil imports contributed to the narrowing of the trade gap.

Economists view the November trade data as a positive sign for the Indian economy, which continues to display strength amid global headwinds such as tight monetary conditions and slowing demand in advanced markets. The healthy rise in exports, they noted, also bodes well for India’s current account balance and overall economic growth trajectory moving into 2026.

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Hindusthan Samachar / Jun Sarkar