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...