NITI Aayog Releases Fourth Edition of Trade Watch Quarterly

On 6th October 2025, NITI Aayog launched the fourth edition of Trade Watch Quarterly in New Delhi, presenting a detailed review of India’s trade performance for Q4 of FY 2024-25 and insights into export diversification and sectoral growth.

The report, released by NITI Aayog CEO, provides a comprehensive analysis of India’s merchandise and services trade between January and March 2025, identifying key trends, emerging markets, and policy priorities for export competitiveness.
India’s total trade during Q4 FY’25 stood at $441 billion, reflecting a 2.2% year-on-year increase, indicating overall resilience despite moderate global demand and sectoral fluctuations.
Merchandise exports witnessed a slight contraction due to lower shipments of mineral fuels and organic chemicals, while sectors such as electrical machinery, pharmaceuticals, and cereals posted strong growth.
Imports rose marginally, driven by demand for nuclear reactors, electrical machinery, and inorganic chemicals, signalling continued domestic investment and industrial activity.