Headwinds included the Red Sea crisis, Israel-HAMAS conflict spilling over to the Gulf region, continuation of the Russia-Ukraine conflict and slow growth in some developed economies.
Merchandise exports for April-February FY25 stood at $395.63 billion, an official statement said. The detailed data for 2024-25 for exports and imports will be released by the Ministry on April 15.
Fibre2Fashion News Desk (DS)