India’s Trade Deficit Narrows to $26.86 Billion as Exports Surge 26% in August

September 15, 2026 6:14 PM

India’s Trade Deficit Narrows to $26.86 Billion as Exports Surge 26% in August

India's merchandise trade deficit narrowed to $26.86 billion in August, from $27.20 billion in the same month last year, as goods exports grew at a faster pace than imports, Commerce Secretary Rajesh Agrawal said. The trade deficit also declined sequentially from nearly $32 billion in July, according to the latest trade data. Merchandise exports registered a robust 26.12 per cent year-on-year growth in August to reach $43.18 billion, while imports rose 14.1 per cent to $72.67 billion. Agrawal...

India’s trade deficit widens to USD 11.72 billion in July 2025 amid rising imports

August 14, 2025 5:12 PM

India’s trade deficit widens to USD 11.72 billion in July 2025 amid rising imports

India’s overall trade deficit, which combines merchandise and services, widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a faster rise in imports compared to exports, according to data released by the Commerce & Industry Ministry. The country’s exports grew to USD 68.25 billion in July 2025, up from USD 65.31 billion in July 2024. However, imports rose at a sharper pace, reaching USD 79.99 billion compared to USD 75.41 billion a...

India’s trade deficit narrows to $18.78 billion in June

July 15, 2025 3:56 PM

India’s trade deficit narrows to $18.78 billion in June

India’s trade deficit narrowed to $18.78 billion in June, down from $21.88 billion in May, according to data released by the Commerce and Industry Ministry on Tuesday. Merchandise exports remained nearly flat at $35.14 billion in June compared to $35.16 billion in the same month last year. Imports, however, declined by 3.71 per cent to $53.92 billion from $56 billion a year ago. In the services sector, India recorded an estimated surplus of $15.62 billion for June, with services exports at $...