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June 30, 2025, 04:16 PM - 3 min read
India’s trade deficit is expected to widen to USD 300 billion in the financial year 2025–26, according to a new report by ICICI Bank, despite stable oil prices. The projected figure, which represents 7 per cent of the country’s GDP, marks a rise from USD 287 billion in FY25 and USD 245 billion in FY24.
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April 15, 2025, 03:31 PM - 3 min read
India’s trade deficit expanded sharply in March, reflecting the strain of rising global trade uncertainties and the impact of US-led tariff measures. According to official data, the trade gap widened to $21.54 billion, well above the $15.5 billion estimate projected by economists in a Bloomberg survey.
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February 19, 2025, 10:22 AM - 3 min read
India's merchandise trade deficit surged to USD 22.99 billion in January 2025, exceeding market expectations of USD 21.0 billion.
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February 13, 2025, 02:53 PM - 2 min read
India's merchandise trade deficit is expected to have narrowed in January, falling to $20.88 billion from $21.94 billion in December, according to a report by Union Bank of India.
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January 15, 2025, 04:06 PM - 3 min read
India's merchandise exports dropped by 1% to USD 38.01 billion in December 2024, compared to USD 38.39 billion in December 2023. Imports rose by 4.8% to USD 59.95 billion, leading to a trade deficit of USD 21.94 billion for the month, as per government data.
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December 18, 2024, 01:33 PM - 2 min read
Tagging a media report which said that trade deficit and imports are at an all-time high, Gandhi hit out at the government.
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December 17, 2024, 01:16 PM - 3 min read
Official data released on Monday revealed that the trade gap widened to $37.8 billion in November, up from $27.1 billion in October and $21.31 billion a year earlier.
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September 17, 2024, 05:59 PM - 1 min read
India's August trade deficit widened to USD 29.65 billion as exports fell 9.3% and imports rose 3.3%, with cumulative exports for April-August up 1.14% and imports up 7%.
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May 26, 2024, 06:13 PM - 2 min read
In 2023-24, India recorded trade deficits with nine of its top ten partners, including increased deficits with China, Russia, Korea, and Hong Kong. The overall trade deficit narrowed to USD 238.3 billion, but experts warn that a rising deficit pressures the currency and may indicate economic instability.
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March 26, 2024, 06:23 PM - 2 min read
The merchandise trade deficit at USD 71.6 billion was marginally higher than USD 71.3 billion during the third quarter of 2022-23. Services exports grew by 5.2 per cent on a year-on-year basis on the back of rising exports of software, business and travel
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March 15, 2024, 08:24 PM - 2 min read
Despite the challenges posed by the geopolitical crisis in the Red Sea region, India's overall trade deficit improved by 37.80% from April-February 2022-23 to April-February 2023-24, falling to $72.24 billion. The merchandise trade deficit decreased by 8.43% to $225.20 billion during the same period.
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March 12, 2024, 02:44 PM - 2 min read
"I am happy to share with you that we close the current year in March at the same level as last year. We have a little bit of an adjustment between goods and services, but collectively we will be at the same level as last year, which will be a very, very significant achievement given that most developing countries and less developed countries are seeing a fall in their international trade," said Goyal.
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