Gujarat Retains Top Spot in India’s Export Rankings for Fifth Year Despite Decline in Trade Value

Gujarat Retains Top Spot in India’s Export Rankings for Fifth Year Despite Decline in Trade Value

Winning Bizness Desk

Mumbai.Gujarat has once again secured the top rank in India’s export performance for 2024-25, according to the latest report by the Federation of Indian Export Organizations (FIEO). The state recorded total exports of $116.33 billion (approximately ₹10.2 lakh crore), accounting for 26.6% of the country’s total outbound trade.

Export share drops but Gujarat stays ahead

Though Gujarat’s export value dipped by 13.44% from last year, it remained far ahead of Maharashtra ($65.86 billion) and Tamil Nadu ($52.07 billion), which ranked second and third respectively.

Broad export portfolio across 158 commodities

The state exported 158 out of India’s 169 exportable commodities. The top 10 of these made up 63.07% of Gujarat’s total exports. These included petroleum products, precious and semi-precious stones, pharmaceuticals, organic chemicals, iron and steel, and ceramics.

Key sectors see year-on-year decline

Several major exports saw sharp annual declines such as:

  • Automotive diesel fuel: -32.70%
  • Aviation turbine fuel: -20.36%
  • Motor gasoline: -22.98%
  • Diamonds: -15.05%

A downturn in the global diamond market is reflected in the fall in polished diamond exports.

Top international markets for Gujarat

More than 56.9% of Gujarat’s exports were directed to its top 10 international destinations and those are USA, Netherlands, UAE, Singapore, Australia, China, Tanzania, South Africa, Saudi Arabia, and Brazil.

Jamnagar dominates among export districts

Jamnagar contributed the highest share of Gujarat’s exports at 36.91%, followed by Ahmedabad, Surat, Kutch, Bharuch, and others.

Export infrastructure led by key ports

Gujarat’s well-developed port network played a key role in supporting high export volumes. Major contributors include:

  • Mundra Port: $28.69 billion
  • Sikka Port: $8.61 billion
  • Ahmedabad Air Cargo Complex: $6.97 billion
  • Hazira Port, Surat: $5.65 billion
  • Vadinar: $5.58 billion
  • Kandla: $4.90 billion
  • Pipavav: $3.30 billion
  • ICD Tumb (Vapi): $3.09 billion
  • ICD Sabarmati: $2.41 billion
  • ICD Ankleshwar: $1.04 billion