Byjus 1

Byjus  2

| **Aspect**                    | **Details**                                                                 |
|--------------------------------|-----------------------------------------------------------------------------|
| **March 2025 Exports**         | Grew by **0.7% YoY** to **$41.97 billion**.                                 |
| **March 2025 Imports**         | Rose by **11.3% YoY** to **$63.51 billion**.                                |
| **March 2025 Trade Deficit**   | Widened to **$21.54 billion**, up due to sharper import rise.               |
| **FY 2024-25 Goods Exports**   | **$437.42 billion**, **0.08% increase YoY**.                                |
| **FY 2024-25 Goods Imports**   | **$720.24 billion**, **6.62% rise YoY**.                                    |
| **FY 2024-25 Total Exports**   | (Goods + Services) rose **5.5%** to **$820.93 billion**.                    |
| **Key Reasons**                | 1. **Moderate Global Demand** for goods exports.                            |
|                                | 2. **Import Surge** in energy, electronics, and industrial inputs.          |
|                                | 3. **Services Sector** supported export growth.                            |
| **Economic Implications**      | 1. **Trade Deficit** may pressure **Current Account Deficit (CAD)**.        |
|                                | 2. Rising import bills could impact **Foreign Exchange Reserves**.          |
|                                | 3. Need for **Export Diversification** and **Import Substitution Policies**.|


Aspect	Details
March 2025 Exports	Grew by 0.7% YoY to $41.97 billion.
March 2025 Imports	Rose by 11.3% YoY to $63.51 billion.
March 2025 Trade Deficit	Widened to $21.54 billion, up due to sharper import rise.
FY 2024-25 Goods Exports	$437.42 billion, 0.08% increase YoY.
FY 2024-25 Goods Imports	$720.24 billion, 6.62% rise YoY.
FY 2024-25 Total Exports	(Goods + Services) rose 5.5% to $820.93 billion.
Key Reasons	1. Moderate Global Demand for goods exports.
	2. Import Surge in energy, electronics, and industrial inputs.
	3. Services Sector supported export growth.
Economic Implications	1. Trade Deficit may pressure Current Account Deficit (CAD).
	2. Rising import bills could impact Foreign Exchange Reserves.
	3. Need for Export Diversification and Import Substitution Policies.

India's Trade Deficit Widens to $21.54 Billion in March 2025