Published: 27 November 2025PIBEconomy
India's Merchandise Exports Rise 19.4% in November 2025 to $38.13 Billion
India's merchandise exports in November 2025 were US$ 38.13 billion, compared to US$ 31.94 billion in November 2024, registering a growth of 19.38%. Total exports (merchandise and services combined) were estimated at US$ 73.99 billion, a growth of 15.52% year-on-year.
Key drivers included engineering goods (up 24% to $11 billion), electronic goods (up 39% to $4.81 billion), gems and jewellery (up 28%), and pharmaceuticals (up 21%). The trade deficit narrowed from a record $41.7 billion in October to $24.5 billion in November. Cumulative April-November 2025 exports reached $562.13 billion, up 5.43% over the same period last year.
0Mains angle
Q: Evaluate India's November 2025 merchandise export performance and its implications for the external sector.
Answer (50 words):
India's November 2025 merchandise exports rose 19.38% year-on-year to $38.13 billion from $31.94 billion. Total exports reached $73.99 billion. Engineering goods climbed 24% to $11 billion, electronics 39% to $4.81 billion, gems 28%, pharmaceuticals 21%. Trade deficit narrowed from October's record $41.7 billion to $24.5 billion; April-November cumulative hit $562.13 billion.
6-axis classification
CoverageNationalSubjectEconomicExamBasic Computer Instructor · CET Graduation · CET Senior Secondary · EO/RO · LDC · Mahila Supervisor · Patwar · PTI · RAS · REET · RPSC SI · School Lecturer · Senior Computer Instructor · Senior Teacher · UPSC · Vanpal · BothSourcePIB
Practice MCQ from this story
SolveTap an option below. Correct or incorrect feedback appears instantly.
Linked questionMedium
When was the FCSS (Foreign Currency Settlement System) launched at GIFT City?
Explanation · Correct answer AThe Hon'ble Finance Minister launched the Foreign Currency Settlement System (FCSS) at GIFT IFSC on 7 October 2025, as recorded by IFSCA.
Frequently asked questions
What was India's merchandise export value in November 2025?
India's merchandise exports in November 2025 were US$ 38.13 billion, compared with US$ 31.94 billion in November 2024. This registered growth of 19.38%.
What was the estimate for total exports in November 2025?
Total exports, combining merchandise and services, were estimated at US$ 73.99 billion. This represented 15.52% year-on-year growth.
Which sectors were the key drivers of the export rise?
Key drivers included engineering goods, up 24% to $11 billion, electronic goods, up 39% to $4.81 billion, gems and jewellery, up 28%, and pharmaceuticals, up 21%.
How did the trade deficit and cumulative exports change?
The trade deficit narrowed from a record $41.7 billion in October to $24.5 billion in November. Cumulative April-November 2025 exports reached $562.13 billion, up 5.43% over the same period last year.
