The cumulative exports (merchandise & services) during FY 2024-25 (April-March) is estimated to grow by 5.50% at US$ 820.93 Billion, as compared to US$ 778.13 Billion in FY 2023-24 (April-March).
India’s total exports (Merchandise and Services combined) for March 2025* is estimated at US$ 73.61 Billion, registering a positive growth of 2.65 percent vis-à-vis March 2024. Total imports (Merchandise and Services combined) for March 2025* is estimated at US$ 77.23 Billion, registering a positive growth of 4.90 percent vis-à-vis March 2024.
Source: pib.gov.in
Bangladesh: Ship carrying rice from India reaches Ctg Port.
A ship carrying a total of 10,000 metric tons of imported rice from India has arrived at Chattogram Port. The MV PHU THANH, transporting the rice under an international open tender, docked at the port, said a press release issued by the PID today. Necessary measures have been taken to ensure the quick unloading of the rice.
Source: bssnews.net
Organic exports from India surges 35% to $666 m in FY25.
The government on Tuesday said India’s export of organic products jumped 35 per cent to $665.96 million (about ₹5,710 crore) during the 2024-25 fiscal from $494.80 million in the previous year due to a surge mainly in shipments of cereals, tea, spices, medicinal plants, oilseeds and processed foods. In volume terms, the growth was 41 per cent at 0.37 million tonnes (mt) from 0.26 mt.
Source: thehindubusinessline.com
Mozambique hit a new record for rice imports in 2024.
Record rice imports last year underscore a growing reliance on foreign countries to cover basic food needs in Mozambique. Data from the annual statistical report by the Bank of Mozambique (BdM) – cited by local news website Dossiers & Factos – shows that the country spent US$441 million on rice imports in 2024, an increase of 38.8 percent over 2023, when it imported US$317.7 million worth. The sharp rise is a combination of increasing domestic consumption and decreasing production as Mozambique’s agriculture sector struggles against structural and climatic factors.
Source: macaonews.org
Italy Eyes Deeper Investment Ties With India, Boost In Bilateral Trade.
Italy’s Deputy Prime Minister and Minister of Foreign Affairs, Antonio Tajani, on Friday expressed strong interest in expanding economic cooperation with India. Speaking at the 'Italy-India Business, Science and Technology Forum,' Tajani said Italy is keen to invest more in India, increase exports, and encourage greater Indian investments in Italy. He described India as a vital partner for ensuring stability in the Indo-Pacific region—a key factor in strengthening global trade. 'India is an economy with enormous potential, and we are committed to deepening our collaboration,' Tajani said.
Source: ddnews.gov.in
Indore to host wheat conclave on April 24-25.
The second WPPS (Wheat Products Promotion Society) CEO conclave with the theme 'Wheat and wheat products: Collaborating for sustainable growth and market leadership' at Indore, Madhya Pradesh, on April 24-25. Over 400 industry leaders, international delegates, and policymakers are expected to participate in the conclave.
Source: thehindubusinessline.com
India-Italy business ties, India Middle East Europe Economic Corridor get big boost.
Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Italy is visiting India from 11-12 April. He was accompanied by the Minister of University and Research, Anna Maria Bernini, and a large delegation of businesses, leading universities and research institutions. During the visit, External Affairs Minister Dr. S. Jaishankar held delegation level talks with DPM and FM Tajani. Minister Tajani also met with the Commerce and Industry Minister (CIM). He called on President of India. Minister Bernini with Ministers of State of Science and Technology, and Education.
Source: economictimes.indiatimes.com
India harvests 38% of wheat area so far in 2025–26 season, says agriculture minister Chouhan.
The country has harvested 38% of the total wheat area of an estimated 32 million hectare so far in the ongoing 2025-26 marketing season, agriculture minister Shivraj Singh Chouhan said on Sunday. In view of the possibility of good yield of various rabi crops, Chouhan directed the officials to make better procurement arrangements for farmers.
Source: m.economictimes.com
India finds a place in EU's expanding €2 trillion trade playbook as bloc's ties with US sour.
The European Union is racing to clinch trade deals with countries around the world in an effort to diversify away from an increasingly protectionist US as officials worry that the transatlantic relationship has been irreversibly damaged. The bloc’s chief trade negotiator, Maros Sefcovic, will travel to Washington on Monday to lobby for a reduction in the tariffs President Donald Trump imposed on €380 billion ($432 billion) of the bloc’s exports.
Source: economictimes.indiatimes.com
India hosts 8th Meeting of Joint Committee on ASEAN-India Trade in Goods Agreement (AITIGA).
India hosted the 8th meeting of the AITIGA Joint Committee to review the ASEAN-India Trade in Goods Agreement (AITIGA) at Vanijya Bhawan, New Delhi, from April 07 to 11, 2025. The event was conducted in a hybrid format. The meeting was co-chaired by Shri Rajesh Agrawal, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, India and Deputy Co-Chair Dr. Sugumari S. Shanmugam Senior Director Ministry of Investment, Trade and Industry, Malaysia. The meeting saw participation from delegates representing ASEAN countries, including Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam.
Source: pib.gov.in