The merchandise sector exports increased significantly from USD 31.94 billion in November 2024 to USD 38.13 billion in November 2025, the highest in over 10 years.
The trade deficit narrowed sharply in June 2025, falling to $3.51 billion from $7.30 billion a year earlier. The trade deficit declined 9.41% year-on-year.
India’s total exports—combining merchandise and services—rose to USD 71.12 billion in May 2025, marking a 2.77% year-on-year increase, according to data released by the Ministry of Commerce and Industry.
India’s merchandise exports grew 9.03% year-on-year to $38.49 billion in April, while the imports during the month rose 19.12% to $64.91 billion, resulting in a trade deficit of $26.42 billion, data from the Ministry of Commerce & Industry said on Thursday.
India’s trade deficit widened in March as the gap between exports and imports stood at $21.54 billion last month, trade data showed.
India's trade deficit decreased to $21.94 billion in December, driven by an increase in exports and a decline in imports on a sequential basis. In November, the trade deficit stood at $32.84 billion.
In November, the merchandise exports were USD 32.11 Billion as compared to USD 33.75 Billion in November 2023 while the merchandise imports were USD 69.95 Billion as compared to USD 55.06 Billion.
India’s trade deficit eased to $20.78 billion in September as merchandise imports growth slowed to 1.6%, the data issued by the Ministry of Commerce and Industry said.
Merchandise exports during July 2024 were USD 33.98 Billion as compared to USD 34.49 Billion in July 2023 while the imports were USD 57.48 Billion as compared to USD 53.49 Billion.
On the other hand, the overall imports in January are estimated to be $70.46 Billion, exhibiting a positive growth of 4.15 per cent over January 2023.
