Page 16 - Policy Economic Report - September 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

• Special Drawing Rights (SDRs) rose by $33 million to $18.8 billion. India’s reserve position with the
International Monetary Fund (IMF) also increased by $9 million to $4.7 billion in the reporting week.

India’s foreign trade position
• India’s total exports (Merchandise and Services combined) for August 2025 is estimated at US$ 69.16

Billion, registering a growth of 9.34 percent vis-à-vis August 2024.

• Total imports (Merchandise and Services combined) for August 2025* is estimated at US$ 79.04
Billion, registering a negative growth of (-) 7 percent vis-à-vis August 2024. Table 1: Trade during July
2025.

Merchandise Exports August 2025 August 2024
(USD Billion) (USD Billion)
Imports
35.10 32.89
Services Exports 61.59 68.53
34.06 30.36
Imports 17.45 16.46
69.16 63.25
Total Trade Exports 79.04 84.99
-9.88 -21.73
(Merchandise + Services)

Imports

Trade Balance
Source- Ministry of Commerce & Industry

Figure 11: Total Trade during August 2025

Source- RBI Page | 15

September 2025