India Top 5 Exports in FY25: India’s export scenario witnessed a paradigm shift in FY25 with the cellphone becoming the country’s numero uno export item replacing petroleum and diamonds. When the world shifted gears, India has consolidated itself in electronics, pharma, and engineering goods, opening a new era in international trade. Let’s go ahead to witness India’s top five export items in FY25 and the impact it has left upon the economy.
Smartphones replaced petroleum and diamonds to become India’s top export for the first time.
Growth Rate: 55% growth from $15.57 billion in FY24.
Top Markets: The United States and Japan registered the highest demand, with US shipments rising five-fold to $10.6 billion.
Government Support: Apple and Samsung’s investments were driven by the Production-Linked Incentive (PLI) scheme, both contributing to 94% of the exports.
Although pushed out of the leading position, oil export is a major component of India’s foreign trade.
Key Exports: Petrol, diesel, jet fuel, and LPG.
Key Purchasers: UAE, Europe, Singapore, South Africa, and the US.
Market Trends: World energy consumption patterns and shift towards cleaner fuels are influencing India’s petroleum commerce.
India continues to be among the world’s pharmaceutical leaders in exports today, exporting generic drugs, vaccines, and APIs to the international market.
Top Markets: USA, EU, Japan, and South Korea.
Drivers of Growth: Continual demand for value health solutions and India’s robust manufacturing capacity.
India is a commanding leader in global jewellery exports in gold, diamond, pearl, and gem shipments.
Major Buyers: Hong Kong, UAE, Switzerland, UK, and USA.
Industry Trends: Mounting demand for green jewelry and manmade diamonds is driving exports.
Indian vehicle exports have been growing steadily with automobiles, trucks, and motorbikes being shipped globally.
Major Markets: Europe, US, and Africa.
Industry Expansion: India’s focus on electric vehicles (EVs) will cause future export growth.
Also Read: How Indian Army Responds to Pakistan’s Golden Temple Threat
India’s economy which is export-oriented is changing with the smartphone segment at the forefront, followed by petroleum products, drugs, jewelery, and vehicles. India’s manufacturing sector and government decisions will determine its market standing with changing international trade trends..
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