India’s export engine is running full steam ahead — especially with the world’s most developed economies. A new analysis from Rubix Data Sciences reveals that India has achieved a $28 billion trade surplus with G7 nations in FY25, driven largely by booming exports of smartphones and pharmaceutical products.
Trade with the G7 — comprising the U.S., U.K., Germany, France, Italy, Canada, and Japan — has grown at a robust 13% CAGR since FY21, reflecting the rising competitiveness and global trust in Indian manufacturing and supply capabilities.
Trade with the G7 — comprising the U.S., U.K., Germany, France, Italy, Canada, and Japan — has grown at a robust 13% CAGR since FY21, reflecting the rising competitiveness and global trust in Indian manufacturing and supply capabilities.
Key Highlights from the Report:
- $248 billion: Total India–G7 bilateral trade in FY25
- $138 billion in exports
- $110 billion in imports
- Resulting in a $28 billion trade surplus
- India posted a trade surplus with four major G7 economies:
- United States
- United Kingdom
- France
- Italy
- Mobile phone exports soared:
- Up 55% YoY, reaching $24 billion in FY25
- Telecom transmission equipment also featured among top export categories
- Pharma power:
- India supplies 40% of U.S. generic drug demand
- Meets 25% of U.K.’s pharmaceutical consumption
- Shifting trade dynamics:
- Export share to G7 rose from 29% to 31% in five years
- Imports from G7 dropped from18% to 15%, indicating a strengthening export-driven trade position
“This trade surplus showcases the growing global confidence in Indian industries, particularly MSMEs,” said Mohan Ramaswamy, co-founder & CEO of Rubix Data Sciences. “Our exports — from smartphones to life-saving drugs — are now benchmarks of quality and reliability in mature global markets.”
Why This Matters for Logistics & Supply Chain Professionals:
- Stronger demand = pressure on export logistics — freight forwarders, customs brokers, and NVOCCs must prepare for higher volumes
- Pharma exports need temperature-controlled precision — cold chain logistics and compliance are key
- Tech exports increase air freight & multimodal demand — especially for time-sensitive shipments to Europe and North America
- Policy alignment & trade diplomacy will continue to support this export surge — watch for bilateral agreements and tariff changes
