April 15, 2026 4:57 PM

India’s exports rise 4.22% to $860.09 billion in FY26; imports grow faster, widening trade deficit

India’s exports grew by 4.22 per cent to USD 860.09 billion in the financial year 2025–26, while imports rose at a faster pace of 6.47 per cent to around USD 970 billion, resulting in a widening of the overall trade deficit, according to data shared by Commerce Secretary Rajesh Agrawal. The data shows that total exports increased from USD 825.26 billion in 2024–25 to USD 860.09 billion in 2025–26. Meanwhile, imports rose from USD 919.92 billion in the previous financial year to approxim...

November 17, 2025 5:51 PM

India’s April–October 2025 exports cross US$ 491 billion, trade deficit widens

India’s merchandise and services exports for the period April to October 2025 are estimated at US$ 491.80 billion — up 4.84 percent compared with US$ 469.11 billion in the same period last year.  Merchandise exports alone during April–October reached US$ 254.25 billion, recording a modest increase of 0.63 percent over US$ 252.66 billion in the previous year.  Exports excluding petroleum registered stronger growth, with non-petroleum exports valued at US$ 219.90 billion — a rise of 3....

October 15, 2025 9:10 PM

India’s merchandise exports rise 6.75% in September despite global trade headwinds

India’s merchandise exports rose by 6.75% in September 2025 to USD 36.38 billion, compared to USD 34.08 billion in the same month last year, according to data released by the Ministry of Commerce and Industry on Wednesday. The growth comes despite tariff hikes by major trading partners, including the United States, and a challenging global trade environment. However, the trade gap widened as imports surged 16.7% year-on-year to USD 68.53 billion, compared to USD 58.74 billion in September 20...

August 6, 2025 2:30 PM

US Tariff Hike Unlikely to Impact Indian Economy Significantly: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said that the recent US tariff hike is not expected to have a major impact on the Indian economy, unless retaliatory tariffs come into play. Addressing a press conference following the monetary policy announcement, Malhotra said, “There might not be a major impact of the ongoing uncertainty over the US tariffs on India’s economy. This is subject to retaliatory tariffs coming into the picture, which we do not foresee.” He a...

July 16, 2025 9:43 AM

US launches probe into Brazil’s trade practices, digital payment services

U.S. Trade Representative Jamieson Greer said on Tuesday he had launched an investigation into Brazil's "unfair" trading practices, a week after President Donald Trump threatened a 50% tariff on imports from Latin America's largest economy. Trump's trade war, launched since starting his second term in January, sets tariffs on nearly all U.S. trading partners, aiming to reorder the global economy and end decades of what he calls discrimination against the United States. The USTR investigation, ...

July 9, 2025 9:25 AM

Trump says BRICS nations to get 10% tariff ‘pretty soon’

U.S. President Donald Trump said on Tuesday the U.S. would "pretty soon" charge a 10% tariff on imports from BRICS countries, drawing another complaintfrom Brazil PresidentLuiz Inacio Lula da Silva, who just hosted the bloc's annual summit. Trump, who raised the tariff threat on Sunday, said in a Tuesday cabinet meeting at the White House that the duty was on the way: "Anybody that's in BRICS is getting a 10% charge pretty soon ... If they're a member of BRICS, they're going to ...

June 20, 2025 11:35 AM

DGFT imposes new restrictions on imports of precious metal alloys and compounds

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has issued two new notifications aimed at regulating the import of certain precious metal alloys and chemical compounds. As per the notification issued on 17 June, the government has restricted the import of alloys of palladium, rhodium and iridium containing more than 1 % gold by weight. This expands the earlier restriction on platinum imports (issued on 5 March 2025) to cover the entire Customs Tarif...

June 16, 2025 4:51 PM

India’s export rose 2.77% in May at $71.12 billion; trade deficit narrowed

India's overall exports, comprising both merchandise and services, rose 2.77 percent year-on-year in May 2025 to $71.12 billion, up from $69.20 billion in the same month last year, according to data released by the Commerce Ministry on Monday. While merchandise exports dipped slightly to $38.73 billion from $39.59 billion, services exports grew to $32.39 billion from $29.61 billion in May 2024. On the import side, India’s total goods and services imports in May stood at $77.75 billion, sligh...

May 17, 2024 9:15 PM

India’s exports grow in April despite global disruptions

India's trade deficit is facing limited immediate challenges from ongoing geopolitical uncertainties, although it remains a crucial area to monitor, according to a recent Crisil report on India's trade deficit. Despite these potential disruptions, the forecast for improved trade growth this year by key multilateral organizations brings encouraging news for Indian exports. In April, India's exports recorded positive growth despite the disruptions in global trade routes and uneven global economic...