In 2025, India’s exports rose by 8.5% in Q1, driven by electronics, pharmaceuticals, and agricultural products. Trade agreements with the EU and Australia helped reduce tariffs and expand market access. However, the trade deficit widened slightly due to rising crude oil imports and gold demand. The government launched “Brand Bharat” to boost MSME exports and e-commerce shipments.

Logistics reforms, including the Unified Logistics Interface Platform (ULIP), enhanced supply chain efficiency. While the deficit remains a concern, strong service exports and remittances from NRIs helped balance current account pressures. Policymakers remain focused on reducing import dependency.