Trade Deficit

Merchandise exports jumped 23 per cent year-on-year to a four-month high of $44.40 billion, while imports rose nearly 11 per cent to $74.61 billion

India's exports increased by 23 per cent to USD 44.4 billion in September, and the trade deficit narrowed to USD 30.21 billion, government data released on Thursday said. The country's imports rose by 8 per cent to USD 74.61 billion in September. India's trade deficit in September 2025 stood at USD 33 billion. During April-September this fiscal, exports jumped 18.51 per cent to USD 259.89 billion, and imports climbed 16.31 per cent to USD 437.53 billion. Exports are maintaining their growth trend, Commerce Secretary Rajesh Agarwal said in a press briefing on trade data.

PM's Principal Secretary flags risks from fragmented global alliances, vulnerable supply chains and rising trade barriers, while calling for stronger manufacturing

Rupee depreciation finds a new ally

Goods exports rose 26 per cent year-on-year to $43.81 billion in August, outpacing the 14 per cent rise in imports to $70.67 billion

The data underscores the ​growing pressure on India's external balance, as a wider trade gap weighs on the rupee and capital inflows

Japan's imports and exports set records in July and soaring energy costs and a weak yen helped extend a trade deficit for a third month, government data showed. Japan's trade deficit totalled 634.5 billion yen (USD 4 billion) last month, marking the third straight month of red ink, the Finance Ministry said in a preliminary report Thursday. Imports surged 27.8 per cent from the same month a year ago to a seasonally adjusted 12.15 trillion yen (USD 77 billion). The war in Iran has sent crude oil prices soaring. Japan, which imports almost all its oil, previously relieved heavily on oil imports from the Middle East through the Strait of Hormuz, which remains effectively closed. Exports rose 23.2 per cent to 11.51 trillion yen (USD 73 billion), as auto exports to the US and other nations remained strong. Shipments of semiconductors and other electronic devices were also healthy. Japan's exports have now grown every month for almost a year. By value, both imports and exports rose to t

India's trade balance turned favourable with several Asian and African economies in April-May, even as surpluses with traditional partners such as the US narrowed

India's merchandise exports rose 18 per cent year-on-year in May to a record-high of $45.20 billion, driven by strong petroleum and engineering goods exports, and recovery in shipments to West Asia

Experts at a Think Change Forum roundtable called for tighter import controls, tax stability and faster trade remedies to protect India's economy from global disruptions

PM Narendra Modi's five-nation tour underscores India's push to deepen trade ties as exports to these countries outpace imports despite a cumulative trade deficit

India's merchandise exports and imports recorded double-digit growth in April despite supply chain disruptions caused by the ongoing conflict in West Asia

Trade deficit with Vietnam widening since FY19

Merchandise imports also grew 10 per cent to $71.94 billion in the first month of the financial year

Finance ministry's Monthly Economic Review urges India to prioritise fiscal stability and reforms over short-term growth amid risks from the West Asia crisis

Prime Minister Narendra Modi and South Korean President Lee Jae-myung exchanged several MoUs, with both sides agreeing to deepen cooperation in strategic sectors, including shipbuilding

India's export growth is driven by services while merchandise stagnates, raising concerns over jobs, competitiveness, and long-term trade strategy

India's merchandise exports rose to $38.92 billion in March from $36.61 billion in February, while imports ‌fell to $59.9 billion from $63.71 billion

Imports surge led by gold, silver and electronics while exports dip marginally; Centre weighs relief measures as West Asia crisis disrupts logistics and raises shipping costs

India's exports to the US dipped 12.88 per cent year-on-year to USD 6.88 billion in February due to high tariffs in America, while the trade deficit with China crossed USD 100 billion during the 11-month period of this fiscal, according to the commerce ministry data released on Monday. Exports contracted in September, October, December last year and January this year also. However, it rose 22.61 per cent in November. Indian goods were attracting a sweeping 50 per cent levies in the US. But after US Supreme Court struck down the Trump tariffs, US President Donald Trump imposed 10 per cent duty on all countries from February 24 for 150 days. So now the impact of the lower tariffs is likely to be reflected in the data for the month of March, which will be released in mid-May. Imports, on the other hand, from the US grew 36.53 per cent to USD 4.48 billion in February, data showed. During the April-February period of this fiscal year, the country's exports to the US increased 3.84 per