India's exports demonstrated resilience in 2025 despite a significant 50% US tariff, adapting through market diversification. While facing global disruptions like the pandemic and geopolitical conflicts, merchandise exports have shown a steady upward trend, reaching USD 407 billion by November 2025. Commerce Secretary Rajesh Agrawal highlighted a historic high of USD 825.25 billion for goods and services in 2024-25, with continued growth projected for 2026, bolstered by upcoming free trade agreements.