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...
