India ended 2025 on a strong economic note, achieving record exports, signing new Free Trade Agreements (FTAs), and accelerating its digital trade and logistics transformation, according to Commerce and Industry Minister Piyush Goyal.
Speaking at a press briefing in New Delhi, Goyal announced that India’s merchandise exports crossed USD 480 billion and services exports touched USD 360 billion, bringing total exports to an impressive USD 840 billion — the highest ever recorded. This achievement reflects India’s growing footprint in global markets, driven by engineering goods, electronics, chemicals, and IT services.
The Minister highlighted that new FTAs with the UK, Canada, and Oman helped open fresh trade opportunities for Indian manufacturers and service providers. Negotiations are also underway with the European Union and Gulf Cooperation Council (GCC) to further expand India’s trade network.
A major contributor to this success, Goyal said, is India’s “Digital Trade Mission 2025” — a series of reforms supporting paperless customs, e-logistics platforms, and simplified export documentation. These initiatives have reduced clearance times by more than 40%, boosting efficiency for small and medium exporters.
Goyal credited India’s entrepreneurs, exporters, and youth for driving innovation and competitiveness despite global challenges like inflation and shipping disruptions. He added that India aims to reach USD 1 trillion in total exports by 2030, backed by digital infrastructure and policy reforms.
FAQs [Frequently Asked Questions]
1. What is India’s total export value in 2025?
India’s total exports reached about USD 840 billion in 2025, including USD 480 billion in goods and USD 360 billion in services.
2. Which countries signed new FTAs with India?
India finalized new Free Trade Agreements with the United Kingdom, Canada, and Oman in 2025 to boost mutual market access and economic cooperation.
3. What is the Digital Trade Mission 2025?
It’s a government program improving digital customs processes, e-logistics, and paperless documentation to enhance transparency and reduce export clearance time by 40%.
4. What is India’s next export target?
Minister Piyush Goyal said India aims to achieve USD 1 trillion in total exports by 2030, driven by technology, manufacturing, and policy support.